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 MOREGuidelines For Choosing The Best General Surgeon Malpractice Insurance
Just as any physician needs excellent malpractice insurance, so do general surgeons–in fact, they need it more so than other healthcare providers because of the substantial risks surgery usually involves. Here are some guidelines general surgeons should follow to safeguard their assets, ability to practice, and their reputation. Use an Insurance Broker When considering physician
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 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 MOREState of the Medical Malpractice Insurance Market
Rates are on the rise, medical malpractice insurance carriers are consolidating, and it’s becoming increasingly more difficult to find insurance coverage. The medical malpractice insurance market is cyclical and has experienced years of ups and downs in the past 3 decades. Overall, rates are slowly increasing, underwriting guidelines are tightening, and more than a few
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