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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Understanding 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
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 MOREIs Medical Malpractice The Same As Liability?
In today’s litigious world, there is no question that doctors and their medical practices need to protect themselves from possible lawsuits. Just one costly claim could have dire financial consequences affecting not only one member of your practice but the livelihood of your entire staff. When considering the right type of coverage for you and/or
READ MORECommon Causes of Medical Malpractice Lawsuits
Most medical malpractice lawsuits fall into a few categories, and the most common causes of litigation are well known. As a physician, avoiding a malpractice claim is not as easy as you might think. Nearly 50% of physicians over the age of 55 have been sued for medical malpractice. Good communication with your patients and
READ MOREeQuoteMD: What We Do as A Medical Malpractice Insurance Broker
According to an estimate, approximately 19,000 medical malpractice cases occur in America every year. This statistic shows that no matter how hard you try to be diligent as a healthcare provider, mistakes can happen. If a medical mistake happens when you are not covered by a medical malpractice insurance policy from a stable insurance provider,
READ MOREHow Do I Get a Malpractice Insurance Quote at eQuoteMD?
Did you know that more than a third of all physicians practicing in the United States have been sued at least once? Not only that, but according to the American Medical Association, nearly half of all doctors aged 55 or older have been the target of a lawsuit. If you are a doctor or any
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