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No. A physician only is required to carry liability insurance in an outpatient surgery setting pursuant to Business and Professions Code section 2216.2. However, a physician must follow the reporting requirements cited in Business and Professions Code section 802 in regard to lawsuit settlements and arbitration awards. You can find a complete description of the requirements in the Business and Professions Code at the official California Legislative Information Web site, www.leginfo.ca.gov.
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medbd.ca.gov
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Is a physician required to carry malpractice insurance?