Medical Malpractice News

20Jul, 2017

Where Does Your Home Town Rank on the Best and Worst Places to Practice Medicine?

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Most of us are proud of our city and state and probably believe it’s the best place to live and work. But the Medscape report, “Best and Worst Places to Practice 2017,” may shed some light on some other places that would be great, or not-so-great, to practice medicine. Where does your city rank? Every year Medscape puts out the rankings based on criteria such as numbers of medical malpractice lawsuits, cost of medical malpractice insurance, physician burnout, medical board actions, physician income, divorce rate, crime rate, cost of living […]
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31Mar, 2017

How much should you pay for tail insurance? The answer may surprise you

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While the high price of medical malpractice insurance premiums is enough to give most physicians sleepless nights, the problem can become even more pressing should you need to purchase tail coverage. In the past, it was common for tail insurance premiums to be anywhere from two to four times as high as standard malpractice premiums. However, this is no longer always the case, as many insurance carriers are beginning to offer a range of tail insurance options that ensure you have the coverage you need without having to fork over […]
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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 […]
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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?
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15Mar, 2017

What Are Captive Medical Malpractice Insurance Companies?

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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 medical malpractice insurance companies, which let doctors create customized plans while protecting their assets and increasing their incomes.
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