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
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What 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 MOREWhy You Should Buy Medical Liability Insurance for Your Family Practice
There are over 100,000 medical malpractice cases each year in the United States. Chances are good that most physicians will get sued for medical malpractice or negligence at least once in their careers. To be prepared and protected, Family Practice physicians and groups should buy a Medical Liability Insurance policy. Without insurance, you are at
READ MOREReasons to Have Malpractice Insurance
If it weren’t a requirement in order to have hospital privileges, would you still carry medical malpractice insurance? After all, there is no federal law requiring a physician or surgeon to have liability insurance, although some states do require it by law. The truth is that most healthcare professionals have this important coverage whether it
READ MOREWhat Does Medical Liability Insurance Cover?
Understanding medical liability insurance isn’t as complicated as people may think. There are unique aspects of the policies that make them different from other types of insurance policies, but that doesn’t mean they are more complex. There are really only two types of medical liability insurance policies: Occurrence and Claims Made. There is only one
READ MORE9 Tips for Finding Affordable Medical Malpractice Insurance
As a dedicated, caring, and busy healthcare professional, the last thing you need is a medical malpractice lawsuit. Not only can it be emotionally and financially distressing, but it can put your entire practice in jeopardy. That’s why medical malpractice insurance is vital – to protect healthcare practitioners against litigation. Whether it is purchased as
READ MOREStudent Malpractice Insurance | Don’t Wait Until Later
When you’re in medical school, you already have a ton to worry about. In addition to the standard worries of graduate school—signing a lease on a decent apartment, furnishing that apartment with at least a bed, maybe a card table to use for takeout, attending orientations that seem to never end—you also have to think
READ MOREWhat to Expect from the Affordable Care Act
Like it or not, the Patient Protection and Affordable Care Act (PPACA) appears to be here to stay, and it’s going to mean changes for just about everyone. Across the entire medical industry – from patients to doctors, from hospitals to groups, and from insurers to brokers – change is coming. What are some of
READ MOREPhysician Shortage Puts Pressure on U.S. Healthcare System
A waiting room at a doctor’s office is full of patients. The Nurse Practitioner on vacation this week, the office manager squeezes in several unscheduled patients before Noon followed by a lunch meeting with the malpractice insurance broker. Meanwhile a pharmaceutical rep hovers in the hallway waiting for a signature, and the current patient in room
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