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,
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What 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 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
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 Malpractice Insurance do OB/GYNs Need?
“Medical Malpractice Insurance policies have become a commodity in the insurance industry, meaning that they are all about the same and there is not much difference in price from one company to the next.”This statement is not quite true. Actually, there are differences in the policies and the costs, and if you’re an OB/GYN, you
READ MOREMedical Malpractice Insurance-What Every Healthcare Professional Needs to Know
When there is a case of patient injury due to medical error, misdiagnosis, professional negligence, etc., medical malpractice insurance comes into play by protecting the financial assets of a healthcare provider. While some specialists are sued more frequently than others, every physician should carry the best coverage possible. Let’s learn more about this insurance and
READ MOREMedical Malpractice Insurance Rates Continue to Rise
For more than a decade, medical malpractice insurance rates fell year after year from 2006 to 2018 and then remained flat for a historic length of time. Prior to that “Soft Market,” physicians had a difficult time finding insurance that they could afford. The medical malpractice insurance market is cyclical and will continue to fluctuate
READ MORETen Essential Facts About Medical Malpractice Insurance
Looking for a quick guide to help you understand Medical Malpractice Insurance? Whether you’re a physician, Nurse Practitioner, office manager, or hospital administrator, it’s helpful to have information available as you look to renew your current medical malpractice insurance or start a new practice. Below are 10 Essential Facts About Medical Malpractice Insurance you need
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