Healthcare professionals dedicate their careers to caring for others. However, in the complex world of healthcare, accidents, misunderstandings, and unforeseen circumstances can lead to legal disputes and malpractice claims. To protect their careers and financial well-being, healthcare professionals need reliable malpractice insurance. In this article, we will explore the importance of malpractice insurance, tips for
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Understanding the Coverage Options and Policies Offered by Medical Malpractice Insurance Providers
As a medical doctor, you likely understand the importance of having good medical malpractice insurance. After all, we’ve all heard of cases where doctors were sued for staggering amounts— amounts that no private individual could recover from. However, what constitutes good malpractice insurance? And how do you know? It starts with an awareness of the
READ MOREMedical Malpractice Insurance: Steps to Take in the Event of a Claim
Medical malpractice claims are a serious concern for healthcare professionals. Despite providing the best care possible, healthcare providers may still find themselves facing allegations of medical malpractice. In such situations, medical malpractice insurance is imperative. Medical malpractice insurance AKA medical professional liability insurance helps protect healthcare professionals from financial ruin in the event of a
READ MOREIs Telemedicine Malpractice Insurance Worth It?
Telemedicine is today’s unique way to communicate with your physician and receive diagnosis and treatment advice through information technology devices like smartphones, tablets, and laptops. Allowing physicians and other providers to deliver services, answer questions, and keep in touch with patients, telemedicine can create serious liability problems, just as inpatient medical visits can. So, medical
READ MOREGet the Most Out of Your Telemedicine Malpractice Coverage
Since the COVID-19 pandemic, Telemedicine, or Telehealth as it is also known, has become a growing trend in healthcare. Telehealth was a reliable form of providing care prior to the pandemic, but it was normally a very small part of a provider’s practice. But as physicians and patients became more comfortable with Telemedicine, it has
READ MOREHow to Choose the Right Medical Malpractice Insurance Company
Choosing the right medical malpractice insurance company is crucial when starting your own medical practice. Not only is it important to find a company with representatives you can rely on, but it’s vital to find a company that can provide you with comprehensive liability protection now more than ever before. Let’s discuss choosing the right
READ MOREMedical Malpractice Insurance-What Every Healthcare Professional Needs to Know
When there is a case of patient injury due to medical error, misdiagnosis, professional negligence, etc., medical malpractice insurance comes into play by protecting the financial assets of a healthcare provider. While some specialists are sued more frequently than others, every physician should carry the best coverage possible. Let’s learn more about this insurance and
READ MOREMedical Malpractice Insurance Rates Continue to Rise
For more than a decade, medical malpractice insurance rates fell year after year from 2006 to 2018 and then remained flat for a historic length of time. Prior to that “Soft Market,” physicians had a difficult time finding insurance that they could afford. The medical malpractice insurance market is cyclical and will continue to fluctuate
READ MOREMedical Malpractice Insurance for NPs, PAs, CRNAs, and Other Ancillary Healthcare Providers
One of the most common questions physicians and their office managers ask is whether their Nurse Practitioners or Physician Assistants are covered by their Medical Malpractice Insurance. This is a good question to ask because you cannot assume that all policies will cover these mid-level providers, and you need to make sure coverage is in
READ MORETen Essential Facts About Medical Malpractice Insurance
Looking for a quick guide to help you understand Medical Malpractice Insurance? Whether you’re a physician, Nurse Practitioner, office manager, or hospital administrator, it’s helpful to have information available as you look to renew your current medical malpractice insurance or start a new practice. Below are 10 Essential Facts About Medical Malpractice Insurance you need
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