5 ms·

Your own link [1] says "Ob/Gyn about $30,000- $35,000". The OP said "an Ob's ins CAN COST 71k a year" [emphasis mine] so doesn't sound 'flat out wrong' to me.

by param 4y ago

Your own link [1] says "Ob/Gyn about $30,000- $35,000". The OP said "an Ob's ins CAN COST 71k a year" [emphasis mine] so doesn't sound 'flat out wrong' to me. Next - could you explain why you are bringing in malpractice CLAIMS data in a conversation about PREMIUMS?

dmurray 4y ago
> Your own link [1] says "Ob/Gyn about $30,000- $35,000". The OP said "an Ob's ins CAN COST 71k a year" [emphasis mine] so doesn't sound 'flat out wrong' to me. And that's in California, while a chart lower down shows doctors in New York pay 7 times as much on average, and $35k on average across all specialities.
mirthflat83 4y ago
> could you explain why you are bringing in malpractice CLAIMS data in a conversation about PREMIUMS? Because this guy has no idea what he’s talking about lmao. $35,000 is more like it for OB/GYNs
- barrkel 4y ago
  35k sounds like a median or mode in a distribution. 2x sounds very feasible to me for deltas between geographic regions.
- gzer0 4y ago
  The average for OB/Gyn is $43,000 But the vast majority, as I stated above, are hospital employed and so it is covered by the hospital. It isn't considered as part of the TC (total comp) that is reported by Medscape [1]. If it was, then the TC for Ob/Gyns would skyrocket to nearly $400k per year. [1] https://www.medscape.com/slideshow/2022-compensation-overview-6015043#3 https://www.medscape.com/slideshow/2022-compensation-overvie...
gzer0 4y ago
First, the vast majority of OB/Gyns practicing are employed by hospitals. The hospital covers the malpractice costs for the Ob/Gyns / any other physician's employed [1]. OB/Gyns are making $336k total comp on average in 2022 (including salary, bonus, and profit-sharing contributions) [2]. [1] https://www.medscape.com/slideshow/2019-malprac-prem-rep-6012332#3 https://www.medscape.com/slideshow/2019-malprac-prem-rep-601... [2] https://www.medscape.com/slideshow/2022-compensation-overview-6015043#3 https://www.medscape.com/slideshow/2022-compensation-overvie... I am confused as to what your problem is? What exactly are you trying to articulate here? OB/Gyns are well compensated, and their insurance premiums are covered by the hospital. They are making above $300k/yr. :)
- mrtranscendence 4y ago
  > What exactly are you trying to articulate here You claimed that the annual malpractice insurance cost for OB/GYNs comes to around $5k when the true value (according to your link) appears to be several times higher. This is orthogonal to whether OB/GYNs make enough money to cover premiums or whether the hospital covers those premiums.

by param 4y ago

dmurray 4y ago

> Your own link [1] says "Ob/Gyn about $30,000- $35,000". The OP said "an Ob's ins CAN COST 71k a year" [emphasis mine] so doesn't sound 'flat out wrong' to me. And that's in California, while a chart lower down shows doctors in New York pay 7 times as much on average, and $35k on average across all specialities.

mirthflat83 4y ago

> could you explain why you are bringing in malpractice CLAIMS data in a conversation about PREMIUMS? Because this guy has no idea what he’s talking about lmao. $35,000 is more like it for OB/GYNs

barrkel 4y ago
35k sounds like a median or mode in a distribution. 2x sounds very feasible to me for deltas between geographic regions.
gzer0 4y ago
The average for OB/Gyn is $43,000 But the vast majority, as I stated above, are hospital employed and so it is covered by the hospital. It isn't considered as part of the TC (total comp) that is reported by Medscape [1]. If it was, then the TC for Ob/Gyns would skyrocket to nearly $400k per year. [1] https://www.medscape.com/slideshow/2022-compensation-overview-6015043#3 https://www.medscape.com/slideshow/2022-compensation-overvie...

gzer0 4y ago

First, the vast majority of OB/Gyns practicing are employed by hospitals. The hospital covers the malpractice costs for the Ob/Gyns / any other physician's employed [1]. OB/Gyns are making $336k total comp on average in 2022 (including salary, bonus, and profit-sharing contributions) [2]. [1] https://www.medscape.com/slideshow/2019-malprac-prem-rep-6012332#3 https://www.medscape.com/slideshow/2019-malprac-prem-rep-601... [2] https://www.medscape.com/slideshow/2022-compensation-overview-6015043#3 https://www.medscape.com/slideshow/2022-compensation-overvie... I am confused as to what your problem is? What exactly are you trying to articulate here? OB/Gyns are well compensated, and their insurance premiums are covered by the hospital. They are making above $300k/yr. :)

mrtranscendence 4y ago
> What exactly are you trying to articulate here You claimed that the annual malpractice insurance cost for OB/GYNs comes to around $5k when the true value (according to your link) appears to be several times higher. This is orthogonal to whether OB/GYNs make enough money to cover premiums or whether the hospital covers those premiums.