With all of the extra expenses physicians’ medical practices face today, and the many cuts to reimbursements such as Medicare and Medicaid, doctors are in need of ways to save premium dollars on their physician malpractice insurance. Can a deductible on your medical malpractice insurance policy truly save money or is there a catch? Educate yourself on these options and
While the internet offers us so much access to the medical information we need at our fingertips, one has to wonder “Does this mean that we have too much information?” With a click of a mouse button we have information about which physician or surgeon can take care of our medical condition, how they should
Orthopedic surgery or, orthopedics as it is commonly referred to, is the branch of surgery concerned with conditions involving the musculoskeletal system. Orthopedic surgeons use both surgical and nonsurgical treatments for musculoskeletal trauma, sports injuries, degenerative diseases, infections, tumors, and congenital disorders. Surgeon malpractice insurance is extremely important in the orthopedics field and there are many different factors these physicians need to take into account. Medical
The calculation of premiums for medical malpractice insurance has many facets that contribute to the bottom line cost to the physician. But did you realize that medical malpractice insurance cases, even when they are not taken to settlement can be costly to an insurer? One of the many variables of premium calculation is the doctors medical malpractice
One of the most crucial measures and considerations of selecting a new medical malpractice insurance carrier is financial strength and long term viability. One of the things that the financial crises of 2008 reminded us of is that even the biggest companies are vulnerable to financial catastrophe. There are many outside entities and measures, such as A.M.
Recently, I was with a family member in St. Johns Hospital in St. Louis, MO as she was being prepped for surgery. A young doctor walked into the room whose confidence and outgoingness prompted me to immediately peg him as a “Type A Personality.” After a few minutes of small talk, he hooked my family member up
We all worry about paying medical staff employees fairly. But let’s face it; there’s always a higher paying job out there somewhere. It is critical to make sure your physician medical practice is competitive in the marketplace in terms of pay and benefits, but focusing on the small things could make all the difference in
60 Days Before Renewal Request loss run reports or claims history reports from all previous medical liability insurance carriers for at least the last 5 to 10 years. Note: This should be done even if you have never been sued or filed a malpractice claim as proof that you have never had a claim.. Gather copies
Urgent Care Centers are a rapidly expanding part of America’s health care equation. The first Urgent Care Center popped up in the US in the 1970’s and since then, have become widely popular all over the country. With more than 10,000 domestic Urgent Care/Walk In Clinics, patients have a simpler, more accessible venue for their
Physicians understand the importance of choosing the right medical malpractice insurance carrier, but they often don’t know where to start. Of course you want to save money on premiums, but the medical liability insurance policy is much more than just a certificate of insurance to get you credentialed at the local hospital or medical center.