In the ever-evolving landscape of healthcare, medical professional liability insurance is the most important coverage for physicians. Medical liability insurance, also known as malpractice insurance, is designed to protect doctors from the financial burdens associated with malpractice claims. Given the potential career and financial repercussions of such claims, it’s crucial to scrutinize any insurance policy
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Comparing Occurrence and Claims-made Policies for General Surgeons
Do you know the differences between occurrence and claims-made medical malpractice insurance policies? As a general surgeon desiring premiere coverage at the best possible cost, you should understand the differences. In this eQuoteMD blog, we will outline the distinctives of both kinds of insurance policies, so you choose the coverage which benefits you most. What
READ MORECost 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 MORENew York Medical Malpractice Insurance Overview
If you are a physician or other healthcare provider practicing in New York State, you do not have to purchase medical malpractice insurance in order to practice. That said, it is to a doctor’s advantage to get the best possible coverage because of New York’s high number of payouts and the amounts of those judgments
READ MOREClaims History and its Impact on Malpractice Insurance Rates
Medical malpractice insurance provides protection against the financial burdens that can arise from medical malpractice claims, focus on their patients rather than worrying about potential legal issues. However, the cost of malpractice insurance is not the same for all providers. A significant factor that influences the rates for malpractice insurance is the individual’s or group’s
READ MOREThe Cost of Medical Malpractice Insurance: Factors that Impact Premiums
Why is a medical practice’s overhead so high? There are many expenses that must be considered, but medical malpractice insurance is one of the highest. The cost of medical malpractice insurance can be a significant financial burden for many physicians and groups, impacting their practice’s profitability and overall financial stability. There are many factors that
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 MOREThe Cost of Not Having Malpractice Insurance: Risks and Consequences
Even if you are not required by the law in your state to have medical malpractice insurance, is it wise to practice without it? Let us look at a few basic principles behind medical liability insurance and the risks and consequences of not obtaining coverage. You may be surprised at what you learn. Why Is
READ MOREFive Benefits of Family Practice Malpractice Insurance
Family practice physicians carry a significant patient load–on average about 2700 patients per provider. So, these doctors don’t need the added worry about malpractice claims. To keep focused on excellent patient care, family practice doctors should purchase the best malpractice insurance they can afford. Here are five benefits of having this kind of insurance coverage.
READ MOREWhy Neurosurgeon Malpractice Insurance is Worth the Cost
Neurosurgeons put themselves at risk every day in the operating room. When performing such complex procedures, it’s equally as important to have coverage in the event something goes wrong as it is to have the proper education behind you to carry out the procedure. Unfortunately, we can’t predict the future. We can, however, ensure that
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