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
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How 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 MOREWhat Factors Affect The Cost Of General Surgeon Malpractice Insurance?
As a physician, you are no doubt aware of the importance of having malpractice insurance to protect yourself and your practice from possible lawsuits. However, not all malpractice insurance costs are the same. For example, rates for general surgeons tend to be higher than the average physician’s policy (although less than other surgical specialties, such
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 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 MOREHow To Get General Surgery Malpractice Insurance
General surgeons play an important role in health care, treating illnesses that can only be resolved with surgery. However, they typically offer high-risk care, which means they need medical malpractice insurance coverage to ensure their financial protection. The best way for surgeons to ensure that they are protected from the potential impact of a medical
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
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