As a healthcare provider, you are in the business of protection–your valuable patients and their families. Our business is to protect you, your medical practice, assets, income, employees, and more. To empower you to understand the details of medical malpractice insurance, let’s look at two aspects of coverage: claims-made versus occurrence insurance policies. The two
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The 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 MORESolo Practitioners: Finding the Right Medical Malpractice Insurance Provider for Individual Physicians
Just because you’re a “Solo Practitioner” doesn’t mean you’re all alone! In the complex world of healthcare, solo practitioners face a unique set of challenges. They not only provide medical care but also manage the intricacies of running a solo practice, which includes securing the right medical malpractice insurance. Medical malpractice insurance is a critical
READ MOREChoosing the Best Malpractice Insurance: Tips and Considerations for Healthcare Professionals
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
READ MOREUnderstanding 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 MOREStrategies for Finding the Best Malpractice Insurance in New York
Physicians in New York pay more for medical malpractice insurance than anyone else. That’s why it’s important to find the best coverage at the lowest rate possible for your practice. The state of New York is one of the best places to practice medicine in the country, and along with the state’s high level of
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