Five years ago, who would have thought telemedicine care would skyrocket, becoming a frequently used assessment and patient-provider communication method? Yet, this reality creates unique liability risks for healthcare providers in every medical specialty. Let’s look at why protecting your practice with telehealth malpractice insurance is so important. Why Healthcare Providers Should Invest in Telehealth
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Understanding the Risks and Liability in Telehealth Practice
Telehealth medicine is intended to provide more convenience and accessibility to the patient. With its dramatic increase in usage and popularity through the COVID-19 pandemic, telehealth visits across medical specialties remain in high demand. Let’s explore the risks and liability involved in telehealth practice. Medical Care Involves Risks and Liability In the best circumstances and
READ MOREThe Importance of Medical Malpractice Insurance for New Healthcare Providers
Whatever your medical specialty and regardless of when you begin your professional career, you need medical malpractice insurance. Why spend the money on insurance premiums when you have a long list of other expenses? Let’s talk about why new healthcare providers (and experienced ones, too) need this all-important coverage. Have You Ever Been Sued? Frankly,
READ MOREWhat 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 MOREWhat are the Risks of Not Having Doctors Liability Insurance
Doctors Liability Insurance…what is it, and what are the risks of not having it? So often, insurance brokerages make understanding and obtaining doctors’ liability insurance more difficult than necessary. In this article, we will look at simplifying what it is, why you need it, and how we can help you obtain it. To start, insurance
READ MOREHow to Choose the Right Type of Malpractice Insurance
Finding the cheapest medical malpractice insurance policy is easy to do, but it is not the smartest way to go about choosing the right type of malpractice insurance. There are several factors to consider when choosing the right type of insurance for your practice. Physicians and surgeons, office administrators, and healthcare professionals should look for
READ MOREWhy Every Doctor Needs Medical Professional Liability Insurance
Medical Professional Liability Insurance or Medical Malpractice Insurance is a term thrown around the healthcare world. You are told you need it. You are told you don’t want to be caught without it. But have you ever wondered about the true benefits of having medical professional liability insurance? In this article, we will look at
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 MOREWhy Neurosurgeon Malpractice Insurance is Worth the Cost
Neurosurgeons put themselves at risk every day in the operating room. When performing such complex procedures, it’s equally as important to have coverage in the event something goes wrong as it is to have the proper education behind you to carry out the procedure. Unfortunately, we can’t predict the future. We can, however, ensure that
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