Medical Malpractice News

24Mar, 2017

Common exclusions for medical malpractice insurance

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Physicians save lives and assist people with the treatment they provide. However, patients who feel they are victims of medical mistakes and errors or low quality care sometimes file lawsuits against physicians, who therefore need to be covered by medical malpractice insurance. Medical malpractice insurance policies do not cover all types of medical mistakes and errors that a physician makes and often exclude some of the following.

22Mar, 2017

How medical malpractice insurance liability limits vary from state to state

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Medical malpractice insurance offers financial protection to physicians and others in the medical profession when medical errors occur. Similar to other forms of insurance, medical malpractice insurance policies often include liability limits that cap the amount that insurance providers pay out in claims for insured parties during any given period. Liability limits vary from state to state because medical malpractice laws vary from state to state. States often require that physicians obtain policies whose liability limits conform to certain state requirements in order to satisfy possible claims in that state.

20Mar, 2017

What is the medical malpractice insurance pool and who needs it?

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Medical malpractice insurance is a must-have for any health care provider, but what happens when you can’t qualify for this necessary insurance due to a history of malpractice claims? With some of the highest rates of medical malpractice claims in the country, New York state health care providers are at a much greater risk of being denied insurance coverage. For this reason, the state created the Medical Malpractice Insurance Pool (MMIP) as a way to ensure that physicians, surgeons, dentists and other providers can receive the coverage they need to […]

17Mar, 2017

What’s the deal with medical malpractice insurance Risk Retention Groups?

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Over the past few years, economic and regulatory forces have incentivized some health care providers to employ more financially austere measures to lower operating costs. Medical malpractice insurance risk retention groups cater to these individuals and organizations. Thanks to lower capital requirements and less regulations at the state level, risk retention groups are able to quickly enter a state’s professional liability market and offer insurance premiums lower than traditional medical malpractice carriers’. What Is a Medical Malpractice Insurance Risk Retention Group?

15Mar, 2017

What is a captive medical malpractice insurance company?

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Medical malpractice insurance is essential for protecting a medical provider’s career and assets, but skyrocketing premiums or one-size-fits-all plans can leave practitioners worried about their bottom lines. To fix this problem, an increasing number of practitioners are turning to captive insurance companies, which let doctors create customized plans while protecting their assets and increasing their incomes.