As a physician, you are no doubt aware of the importance of having malpractice insurance to protect yourself and your practice from possible lawsuits. However, not all malpractice insurance costs are the same. For example, rates for general surgeons tend to be higher than the average physician’s policy (although less than other surgical specialties, such
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What Kind of Malpractice Insurance do OB/GYNs Need?
“Medical Malpractice Insurance policies have become a commodity in the insurance industry, meaning that they are all about the same and there is not much difference in price from one company to the next.”This statement is not quite true. Actually, there are differences in the policies and the costs, and if you’re an OB/GYN, you
READ MOREHow to Choose the Right Dental Malpractice Insurance
Dental malpractice insurance is an essential element of any dentist’s practice. It covers them in the event they’re faced with a medical malpractice lawsuit or other legal proceedings from a patient claiming negligent care. This insurance minimizes any professional disruptions, ensuring that your dental office can continue to serve its patients without interruption from lawsuits.
READ MOREWhy Do You Need Malpractice Insurance For Telemedicine?
Protecting yourself from liability is one of the most important things you should do as a physician when changing your practice or starting to provide an additional service. Thanks to modern technology, patients who cannot physically visit their doctor can now receive diagnoses, treatment advice, and prescriptions via telemedicine. This raises an interesting question –
READ MORETelehealth is a Medical Malpractice Insurance Risk
Practicing medicine online through video chats or by phone call is risky. Although the COVID-19 pandemic accelerated the use of Telehealth into prominence in the last few years, it still has inherent risks that need to be avoided, reduced, or insured against. The main concerns are medical malpractice claims for undiagnosed or misdiagnosed conditions, HIPAA
READ MOREA Brief Guide to Dental Malpractice Insurance
Malpractice insurance is not just for physicians and nurses. Dentists also require this protection against litigation from patients who claim they have suffered mental anguish, pain, and suffering, injury, neglect, or even damage to property because of a dentist’s professional care. If you’re new to the practice of dentistry, are changing where you practice, or
READ MOREMedical Malpractice Insurance-What Every Healthcare Professional Needs to Know
When there is a case of patient injury due to medical error, misdiagnosis, professional negligence, etc., medical malpractice insurance comes into play by protecting the financial assets of a healthcare provider. While some specialists are sued more frequently than others, every physician should carry the best coverage possible. Let’s learn more about this insurance and
READ MOREMedical Malpractice Insurance Rates Continue to Rise
For more than a decade, medical malpractice insurance rates fell year after year from 2006 to 2018 and then remained flat for a historic length of time. Prior to that “Soft Market,” physicians had a difficult time finding insurance that they could afford. The medical malpractice insurance market is cyclical and will continue to fluctuate
READ MOREMedical Malpractice Insurance for NPs, PAs, CRNAs, and Other Ancillary Healthcare Providers
One of the most common questions physicians and their office managers ask is whether their Nurse Practitioners or Physician Assistants are covered by their Medical Malpractice Insurance. This is a good question to ask because you cannot assume that all policies will cover these mid-level providers, and you need to make sure coverage is in
READ MORETen Essential Facts About Medical Malpractice Insurance
Looking for a quick guide to help you understand Medical Malpractice Insurance? Whether you’re a physician, Nurse Practitioner, office manager, or hospital administrator, it’s helpful to have information available as you look to renew your current medical malpractice insurance or start a new practice. Below are 10 Essential Facts About Medical Malpractice Insurance you need
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