Selection of professional medical liability insurance coverage is one of the most critical administrative choices healthcare providers make. Today’s medical environment is complex, leaving physicians open to malpractice litigation and possible loss of income, assets and reputation. Keep reading to learn about your medical liability insurance options. What Is Professional Medical Liability Insurance? Also called
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Cost Factors in Doctor’s Liability Insurance: What Affects Your Premium
If you wish to purchase a doctor’s medical malpractice insurance policy, you may wonder how premiums may vary. Does it matter where you practice? Does your particular medical specialty affect the cost? In this blog, we will explore the factors that impact your out-of-pocket expenses for this important protection. The Cost of Doctor’s Malpractice Insurance
READ MOREThe Relationship Between Medical Liability Insurance and Patient Safety Initiatives
Medication errors, poor surgical techniques, and ineffective communication within a team of providers can result in patient harm and medical malpractice lawsuits. Can standards of care be systematically improved to avoid patient harm and medical malpractice litigation? The answer is yes, and medical malpractice insurance professionals can work with healthcare providers and administrators to create
READ MOREWhat are the Risks of Not Having Doctors Liability Insurance
Doctors Liability Insurance…what is it, and what are the risks of not having it? So often, insurance brokerages make understanding and obtaining doctors’ liability insurance more difficult than necessary. In this article, we will look at simplifying what it is, why you need it, and how we can help you obtain it. To start, insurance
READ MOREWhy Every Doctor Needs Medical Professional Liability Insurance
Medical Professional Liability Insurance or Medical Malpractice Insurance is a term thrown around the healthcare world. You are told you need it. You are told you don’t want to be caught without it. But have you ever wondered about the true benefits of having medical professional liability insurance? In this article, we will look at
READ MOREWhy You Should Buy Medical Liability Insurance for Your Family Practice
There are over 100,000 medical malpractice cases each year in the United States. Chances are good that most physicians will get sued for medical malpractice or negligence at least once in their careers. To be prepared and protected, Family Practice physicians and groups should buy a Medical Liability Insurance policy. Without insurance, you are at
READ MOREAn Introduction To Medical Liability Insurance
Medical liability insurance, also known as medical malpractice insurance, is a type of insurance that is purchased to protect physicians or healthcare institutions from liability (financial risks) of practicing medicine. Insurance is a complex subject and understanding the vocabulary, structure, and claim process of medical liability insurance can be highly complicated. However, having professional liability
READ MOREWhat Does Medical Liability Insurance Cover?
Understanding medical liability insurance isn’t as complicated as people may think. There are unique aspects of the policies that make them different from other types of insurance policies, but that doesn’t mean they are more complex. There are really only two types of medical liability insurance policies: Occurrence and Claims Made. There is only one
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