Prior to the Health Care Availability Act (HCAA) of 1988, Colorado physicians were experiencing extremely high medical malpractice insurance premiums causing them to relocate. With a shortage of high-risk specialty doctors, citizens of Colorado recognized the need for change to rebuild their healthcare system.

In 1988, the HCAA was established to place a cap on damages awarded in malpractice cases.

The current cap is $300,000 on non-economic damages with an aggregate payout of no more than $1,000,000 unless there are extenuating circumstances. However, the courts may increase punitive damages up to three times the amount of actual damages for defendants who show continued behavior of the disputed action in a willful manner

Summary of Colorado Medical Malpractice

The caps have been effective in keeping Colorado malpractice rates stable and the number of claims has been decreasing since 2003. There were 177 paid malpractice claims filed in 2003 and only 85 paid in 2014. During this same timeframe, the average indemnity has increased from $243,760 in 2003 to $475,618 in 2014.

As of July 1, 2010, physicians practicing are required by state law to carry a minimum indemnity amount of $1,000,000 per incident with a $3,000,000 aggregate limit.

Medical Malpractice Insurance Companies in Colorado Include:

  • Colorado Physicians Insurance Company(COPIC)
  • The Doctor's Company (TDC)
  • Medical Protective Company(MedPro)
  • ProAssurance Company, Inc.
  • Capson Physicians Insurance
  • Coverys
  • PPIC (A Coverys Company)
  • MMIC

Colorado Medical Malpractice Insurance Rates By Specialty (Top 15)

Rates depend greatly on specialty. Physicians offering high-risk care, such as surgeons, have higher rates than doctors in lower-risk areas. Prices will vary, though, based on your claim history and location in addition to your specialty. Always talk to an insurance expert to get a more specific quote for your malpractice insurance.

Below are undiscounted state filed rate data averages across all territories for $1m / $3m limits

SpecialtyAverage RateMin RateMax RateCount
Family Practice No Surgery$10,951$5,866$16,2872543
Internal Medicine No Surgery$10,989$5,866$15,2211638
Occupational Medicine$6,670$3,980$9,4671068
Emergency Medicine$22,751$14,958$33,487936
Pediatrics No Surgery$10,191$5,866$15,221892
Obstetrics and Gynecology Major Surgery$51,750$36,590$76,107648
Radiology - Diagnostic$15,604$5,866$27,065526
General Surgery$39,041$19,068$60,561445
Orthopedic Surgery No Spine$31,873$19,068$40,917373
Ophthalmology No Surgery$6,800$4,337$12,177311
General Practice No Surgery$10,951$5,866$16,287294
Cardiovascular Disease Minor Surgery$17,837$8,799$25,881244
Gastroenterology No Surgery$12,538$5,866$15,788225
* Please note that the above rates are state filed rates. It is not uncommon for Gallagher Healthcare clients to receive up to 50% or more in discounts from state filed rates. Please Request a Quote to receive a custom premium indication.

Rate Range by Specialty

This chart compares the range of possible state filed medical malpractice premium rates by admitted markets and a few Gallagher Select markets broken out by the top 15 specialties in Colorado.

Colorado Medical Malpractice Rate Range Chart

USA Ranking Map

The map below provides a visual display of the nation and compares what a typical primary care physician might pay compared to each individual state and county. This research is based on the average rate for a single specialty, the most common limits in that state, and the mature claims made premium. The darker the blue, the higher the average premium, see how Colorado compares to other states.

Malpractice Rate Heat Map - United States