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
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What You Need to Know About Malpractice Insurance Costs
The costs of medical malpractice insurance are higher than most. There are a variety of different factors that dictate the exact cost, and your cost might be different than another medical professional’s cost. In this article, we will look at four important things to know about malpractice insurance costs. Cost fluctuates with the economy. Costs
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
READ MOREThe Ultimate Guide to Michigan’s Dental Malpractice Insurance
State of Michigan law does not require that licensed and practicing dentists carry malpractice insurance. However, that does not mean that people living and being treated in Michigan do not file malpractice lawsuits against their healthcare providers. As a dentist in Michigan, you should know if you should purchase dental malpractice insurance and what it
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
READ MOREUnderstanding Malpractice Insurance Costs and Benefits for Primary Care Physicians
Paying your medical malpractice insurance bill is not pleasant. For some physicians that bill is just providing a piece of paper stating a guarantee that they will never use it. For others it provides peace of mind knowing if a medical malpractice suit is filed against them, they’re covered. In either case, it is tough
READ MOREPediatrician Malpractice Insurance: Is It Necessary?
Medical malpractice insurance protects the financial assets of a healthcare provider in case of patient injury due to medical error, misdiagnosis, professional negligence, failure to adhere to the standard of care, and more. While some specialists are sued more frequently than others, every physician should carry the best coverage possible. If you’re a pediatrician, here’s
READ MOREWhat Kind of Medical Malpractice Insurance is Needed for a Telemedicine?
The COVID-19 pandemic ushered in a new wave of Telemedicine practice in the United States, and with it came a whole new set of medical malpractice risks. Of course, Telemedicine had been available for years preceding the pandemic, but when stores and businesses were shut down, and people stayed home throughout 2020 – 2021, most
READ MOREWhat Is the Most Common Cause of Malpractice Suits Against Physicians
Medical malpractice suits are more than an everyday occurrence. They can be devastating to both the patient and the physician being sued. As a healthcare provider, do you know the most common cause of this kind of litigation? Let’s talk about possible malpractice claims and if you could be a target. The Most Common Cause
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