Medical malpractice insurance is an important item in your operating budget. It protects your income, assets, and more in case a patient files a lawsuit due to alleged negligence or error. How much should you expect to pay for coverage? Let’s explore some factors to consider when pricing your insurance protection and how you can
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A Doctor’s Duty: Choosing the Right Medical Malpractice Insurance Company in 2024
Your medical practice changes year by year. Patients come and go, costs rise and demand for skill improvement is constant. You need medical malpractice insurance to protect your reputation, your income, your assets and your ability to provide the medical services your patients deserve. In this blog, you will learn how to choose the right
READ MORETail Coverage Explained: Why It’s Essential for Physicians at Different Points in Your Career
Also called extended reporting period coverage, tail coverage is an important part of medical malpractice insurance coverage. It protects physicians from future claims that may arise after their policy period has expired or has been canceled. While it may seem like an additional expense, this type of coverage is very important for physicians at various
READ MORECoverage Options for Telemedicine Providers: Tailoring Insurance Plans to Meet Your Practice Needs
Telemedicine visits have become increasingly common across medical specialties since the COVID-19 pandemic. While this kind of healthcare has its pluses and minuses, creating unique telemedicine malpractice insurance coverage risks. Let’s examine the telemedicine malpractice insurance coverage you need to make sure you, your practice, and your financial security are protected. What is Telehealth Medical
READ MOREEthical Considerations in Medical Practice: The Intersection with Doctors’ Liability Insurance
In the rapidly evolving landscape of healthcare, practitioners face a complex matrix of ethical considerations and legal obligations. The intersection of these ethical duties with the realm of doctors’ liability insurance embodies a critical area for discussion. The following information aims to unpack these considerations, provide real-world examples, and elucidate the benefits of securing robust
READ MORELegalities of Telemedicine: Unpacking Malpractice Coverage Requirements
In our post-pandemic world, telemedicine has rapidly emerged as a necessity rather than a convenience. As more and more patients opt for the flexibility and immediacy of virtual healthcare, healthcare providers are adapting to meet these needs. However, with this new frontier of healthcare delivery comes unique risks, including the potential for medical malpractice claims.
READ MOREUnderstanding Tail Coverage: Why It’s Crucial for General Surgeons
In the complex world of medical care, where the stakes are high and the margins for error are minimal, the importance of comprehensive insurance coverage cannot be overstated. For general surgeons, navigating through the complexities of medical malpractice insurance is as critical as the precision required in their surgical practices. A significant component of this
READ MOREThe Impact of Continuous Education on Family Practice Malpractice Insurance Premiums
Medical malpractice premiums are on the rise. As we find ourselves in what experts define as a “hard market,” many providers are experiencing surging costs influenced by factors such as rising healthcare costs, sophisticated medical procedures, and an uptick in malpractice claims. With premiums on a steady climb, you might be wondering if there is
READ MORETypes of Liability Insurance Every Doctor Should Consider
In the busy world of healthcare, doctors face challenges every day. It’s not just about diagnosing and treating patients, but also about managing the risks that come with such an important responsibility. One way doctors can protect themselves is through liability insurance. But what kinds of liability insurance should every doctor consider? This blog will
READ MOREFactors Influencing Family Practice Malpractice Insurance Premiums
Family practice physicians play a critical role in providing primary care services to individuals and families. As healthcare providers, they are required to carry malpractice insurance to protect themselves in case of medical errors or negligence claims. Family practice malpractice insurance premiums cost can vary based on several key factors that influence the level of
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