Cyber Insurance for Healthcare Providers: HIPAA & Beyond
Why Healthcare Providers Are Prime Ransomware Targets
The healthcare sector is the most targeted industry for ransomware attacks. Patient records contain Social Security numbers, insurance IDs, diagnoses, and payment information — a complete identity theft package. The average healthcare data breach cost in 2023 was $10.9 million (IBM Security).
Cyber Coverage Limits for Healthcare
| Practice Size | Recommended Limit | Annual Premium Range |
|---|---|---|
| Solo practitioner | $500K–$1M | $800–$2,000 |
| Small group (2–10 providers) | $1M–$3M | $2,000–$6,000 |
| Mid-size clinic / DSO | $5M–$10M | $8,000–$25,000 |
Frequently Asked Questions
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