Medication errors, poor surgical techniques, and ineffective communication within a team of providers can result in patient harm and medical malpractice lawsuits. Can standards of care be systematically improved to avoid patient harm and medical malpractice litigation? The answer is yes, and medical malpractice insurance professionals can work with healthcare providers and administrators to create
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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 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 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 MORETips on Finding Malpractice Insurance Tail Coverage
It’s no secret that the practice of medicine is a high-risk profession. Medical malpractice lawsuits can be costly and damaging, both financially and to one’s reputation. That’s why it’s so important for doctors to have adequate malpractice insurance coverage. But what happens if you are sued after your liability insurance policy has lapsed or you’ve
READ MOREAn Introduction To Medical Liability Insurance
Medical liability insurance, also known as medical malpractice insurance, is a type of insurance that is purchased to protect physicians or healthcare institutions from liability (financial risks) of practicing medicine. Insurance is a complex subject and understanding the vocabulary, structure, and claim process of medical liability insurance can be highly complicated. However, having professional liability
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
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