There is good news for OBGYN’s in the state of Michigan. Your medical professional liability insurance rates are going to be lower in 2010. Although rates will continue to be higher than most other specialties there has been a significant decrease over the past 12 months that should provide relief for many physicians.
The even better news for OBGYN’s is that they will no longer have to look to the hospital for insurance. There is now coverage available that is less expensive than the hospital policy and provides much better protection.
One example is we just helped an OBGYN practicing in Macomb County. We were able to lower his annual cost of professional liability insurance by over $10,000. We improved his policy by giving him a higher aggregate limit and he no longer has to share defense with the hospital in case of a claim.
If you would like to see what we can do for your practice give us a call at 877-808-9947 or contact us HERE.