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Does it really cost $20-25,000 for CNM malpractice insurance?



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  #1  
Old Jan 09, 2008, 03:08 PM
littlemamakt (Female)
Registered User
Join Date: Jun 2007
Does it really cost $20-25,000 for CNM malpractice insurance?

Hello! I just googled CNM malpractice insurance, and found a couple of news articles that said CNMs pay up to $20,000 http://findarticles.com/p/articles/m...39/ai_n6101578
or $25,000 http://local.lancasteronline.com/4/211785 and http://include.nurse.com/apps/pbcs.d...HL02/711050316

I also found an article where a CNM said she paid 10% of what her OB/GYN husband pays. That seems a little more reasonable if what one article states as $56,000 for malpractice insurance for OBs is correct, making CNM insurance more like $5,600.

Does anyone who is a CNM mind sharing how much it really costs? I'm in Indiana, and I realize that location may also effect cost.

Thank you!

Kate

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  #2  
Old Jan 09, 2008, 08:20 PM
Registered User
Join Date: Mar 2007
Re: Does it really cost $20-25,000 for CNM malpractice insurance?

I've been searching high and low for some actual numbers, myself. I live in Florida. Thanks for asking.

okay, editing because I don't live in Florida, yet, but will be soon. I just didn't want to misrepresent myself.

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  #3  
Old Jan 14, 2008, 07:28 AM
Registered User
Join Date: Mar 2007
Re: Does it really cost $20-25,000 for CNM malpractice insurance?

OK, I'm not exactly sure of the cost, but a CNM that I work with (also in Indiana) pays I think more than the $20-25,000. She says it goes up each year you practice, because you've done more deliveries, so there are more potential lawsuits. Seems to me like the more experienced a Midwife is, the more the insurance would go down! I know she is in practice with another midwife and two OB/GYNs and her insurance is paid for out of the practice.
Her first year wasn't too much but she does a lot of deliveries and has now been doing it 5 years so it is well into 5 figures now. Oh, and she has never had a case brought against her.

If I get the chance to ask her more specifics, I will let you know.

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Does it really cost $20-25,000 for CNM malpractice insurance?

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