• Skip to main content
  • Skip to primary sidebar
  • Skip to footer

ABOUT US RESOURCES TESTIMONIALS BLOG CONTACT US

  • Home
  • About Us
  • Find Your State
  • Find Your Specialty
  • Choose a Facility
  • Resources
  • Testimonials
  • Blog
  • Contact Us
  • Request A Quote
Request A Quote

How to Find the Best Telemedicine Malpractice Insurance Coverage

June 23, 2023

Medical malpractice insurance or professional liability

Since the Covid-19 pandemic, the workplace has largely shifted to remote or hybrid work. Technology has evolved making it possible to do almost anything from the comfort of your living room. Telemedicine, a concept that began around the 1950’s, became even more popular amongst the pandemic. With a rise in telemedicine come a rise in claims. It is important to have the proper telemedicine insurance coverage in place as the healthcare space continues to change.

First, lets address what telemedicine is. According to the dictionary, telemedicine is the remote diagnosis and treatment of patients by means of telecommunications technology. In other words, doctors and medical professionals can service clients through different modes of technology. These modes include but aren’t limited to real-time telemedicine, remote patient monitoring, and store and forward practices. Real-time telemedicine would be considered your phone call or video chat, where doctors and patients fulfill an appointment in real time using technology.

Remote patient monitoring is typically the transmitting of information from medical professionals to their clients via technology. Finally, store and forward practices involve sending sensitive information such as lab results, reports, or imaging to the client. These types of telemedicine present a unique challenge to insurance underwriters as a new array of risks are present.

It is also important to note the difference between traditional medicine and telemedicine, especially its impacts on insurance carriers.  Traditional medicine is exactly what is sounds like, i.e., traditional. Meaning a patient schedules an appointment, attends the appointment, and is treated in-person by the doctor.

Traditional medicine has its perks as real-time, in-person, interactions allow the quality of care to be higher. The assessment, communication, and overall satisfaction from traditional medicine is substantially higher. Telemedicine, on the other hand, is not the case. It promotes convenience, efficiency, and timeliness. Doctors can treat more patients by way of telemedicine. Telemedicine doesn’t have the history or standard of care that traditional medicine offers, making it riskier to cover.

The risks associated with telemedicine revolve around the lack of standards. Traditional medicine has been the norm for decades, is easier to assess, and offers more direct communication. Telemedicine on the other hand is the opposite. It is still a relatively new concept that offers more challenges. With telemedicine, an assessment lacks the accuracy of a traditional appointment. We could see a rise in claims resulting from failure to diagnose, or misdiagnosis. Communication is also not as direct by means of telemedicine.

Unhappy patients could result due to the lack of social cues and other communication methods that are normally picked up upon in person. Aside from the risks stated, the law of large numbers doesn’t apply yet. Telemedicine, on this scale, is too new to be able to accurately insure granted that every risk hasn’t yet been accounted for.

Why is a broker extra important when it comes to telemedicine?

Brokers are licensed insurance professionals. As a broker, we have the education and resources to best service your needs. When it comes to telemedicine, a broker is extra important because they will be the intermediary between yourself and a carrier to offer you the best price possible, for the most adequate coverage possible. As the telemedicine industry continues to evolve and standardize, we will be right there with you able to update and constantly improve your coverage. Choosing the right broker is also important. At eQuoteMD, we have highly qualified and experienced professionals willing to go the extra mile to ensure you are taken care of.

Filed Under: Malpractice Insurance Tagged With: Malpractice Insurance for telemedicine, telemedicine malpractice insurance, telemedicine malpractice Insurance Broker, Telemedicine Malpractice insurance Company, telemedicine malpractice Insurance coverage, telemedicine malpractice Insurance coverage Company

Primary Sidebar

Categories

  • Ask eQuoteMD
  • Dental
  • Family Practice Physicians
  • General
  • insurance market
  • Malpractice Insurance
  • Malpractice Insurance Coverage
  • Medical Liability Insurance
  • Medical Liability Insurance Cost
  • Medical Malpractice
  • medical malpractice insurance
  • medical malpractice lawsuit
  • Neurosurgeon
  • OB/GYN
  • Physician Liability Insurance
  • Physician Liability Quotes
  • Plastic Surgeons
  • tail coverage
  • Telehealth
  • Uncategorized

Tags

Affordable Medical Malpractice Insurance best malpractice insurance Best Malpractice Insurance Near Me best medical malpractice insurance company best medical malpractice insurance near me claims made coverage damage caps defensive medicine dental malpractice insurance near me equotemd group medical malpractice insurance hipaa individual medical malpractice insurance kansas city medical malpractice insurance legal legislation liability malpractice insurance Malpractice Insurance Coverage malpractice insurance for doctors Malpractice Insurance near me malpractice insurance quote medical liability insurance Medical Liability Insurance near me medical malpractice medical malpractice coverage medical malpractice insurance medical malpractice insurance broker medical malpractice insurance companies medical malpractice insurance company Medical Malpractice Insurance for Family Medicine medical malpractice insurance near me Medical Malpractice Insurance provider medical malpractice insurance providers medical malpractice lawsuit medical professional liability insurance non-economic damages professional medical liability insurance research tail technology telehealth malpractice insurance telehealth malpractice insurance broker telemedicine malpractice insurance

Footer

eQuoteMD

BLOG

Concept of Malpractice Text written in paper

Medical practitioners dedicate their lives to providing the best care possible. However, no matter READ MORE

Medical law concept

As a healthcare professional, safeguarding your practice and career is crucial. Medical malpractice READ MORE

Medical malpractice book

Medical liability insurance, commonly known as medical malpractice insurance, is vital for READ MORE

FIND YOUR STATE FIND YOUR SPECIALTY CHOOSE A FACILITY

ABOUT US RESOURCES TESTIMONIALS BLOG CONTACT US

HOME ADA DISCLAIMER PRIVACY POLICY SITEMAP

Copyright © 2025 · eQuoteMD · All Rights Reserved

iHealthspot Medical Website Design and Medical Marketing by iHealthSpot.com

eQuoteMD provides medical malpractice insurance services in all states for all specialties.