Medical malpractice premiums are on the rise. As we find ourselves in what experts define as a “hard market,” many providers are experiencing surging costs influenced by factors such as rising healthcare costs, sophisticated medical procedures, and an uptick in malpractice claims. With premiums on a steady climb, you might be wondering if there is
READ MOREMedical Malpractice Insurance for Family Medicine
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 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 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
READ MOREWhy Neurosurgery Needs to Be Covered by Malpractice Insurance
Did you know that 20 percent of physicians are sued for malpractice every year in the United States? In fact, about half of all medical doctors will be sued by patients at least once in their careers. If you’re a neurosurgeon, your chances of being sued are even higher than for other specialists. Let’s talk
READ MORETypes of Medical Malpractice Insurance
There are two different types of medical malpractice insurance: claims-made and occurrence. Each type has its own benefits and drawbacks, so it’s important to know which one is right for you before you purchase medical liability coverage. Let’s explore the differences between these two types of medical insurance, and where you can go for assistance
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