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Nevada Medical Malpractice Insurance: Costs, Statute of Limitations, Requirements & Quotes

Nevada Medical Malpractice Laws 

Every state, including Nevada, has deadlines- or statute of limitations- for filing malpractice lawsuits. The medical maIpractice statute of limitations in the state of Nevada is three years.

Nevada requires that medical malpractice cases must submit some proof of the defendant’s medical malpractice before a lawsuit is permitted to move forward. In Nevada, this is called an Affidavit of Merit. The affidavit must contain the opinion of an expert medical witness who must practice in the same or a similar field as the defendant.

 

Nevada medical malpractice caps have some interesting guidelines- there are three different types of medical malpractice damages: economic, noneconomic and punitive. Economic damages have no limits and are defined as any financial losses incurred by the patient. Noneconomic damages are a bit harder to define, and are limited to $350,000 per plaintiff. Punitive damages are awarded when malice is established. The maximum that a plaintiff can recover in punitive damages are either $300,000 or three times the amount of the economic and noneconomic damages combined, whichever is lower. 

Medical Malpractice In Nevada: Facts and Statistics

  • In 2016, Nevada had 8,861 licensed physicians within a population of 2,940,058 residents, equaling 301 physicians for every 100,000 people.
  • In 2015, medical malpractice suits were 18.7 per 100,000 residents, with a total payout of $25.2 million. This represents a 72.58% increase from 2014.
  • In 2015, Nevada ranked 19th in medical malpractice lawsuits.
  • The most common three types of medicine practiced as of 2012 were internal medicine, family medicine/general, and anesthesiology.

Costs, Requirements, and Limitations

  • Industry Average Cost of a Medical Malpractice Insurance in Nevada: $9,628
  • Is Medical Malpractice Insurance Required in Nevada?: No, but it is highly recommended to protect personal assets. 
  • Minimum Malpractice Insurance Carrying Requirements in Nevada: None, but covering the caps for each of the different types of damages is recommended.
  • What is the “statute of limitations” for a medical malpractice complaint in Nevada? 3 years, Nevada Revised Statutes section 41A.097

 

 

Medical Malpractice Insurance in NV
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