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 andREAD MORE
medical malpractice insurance
Medical 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 fluctuateREAD MORE
Ten 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 needREAD MORE
Types 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 assistanceREAD MORE
Who Pays the Highest Rates for Medical Malpractice Insurance?
Physicians and medical practice administrators always want to know what medical specialties pay the highest rates for medical malpractice insurance. While rates vary by the insurance company, geographic area, and individual claims history, the general rule of thumb is that physicians that perform higher-risk procedures pay higher premiums. These higher-risk procedures include surgery, delivering babies,READ MORE
What Every Neurosurgeon Should Know About Malpractice Insurance
The great thing about medical malpractice insurance is that it covers you whether a medical error was actually caused by you, or if you are simply dealing with a frivolous lawsuit by a patient. All you have to do is report the issue to your insurance company and let them handle it – so youREAD MORE
HOW TO FIND THE RIGHT MEDICAL MALPRACTICE INSURANCE PROVIDER
In today’s litigious society, medical malpractice insurance is not a luxury, but a necessity for healthcare providers to protect their practice and professional reputation against claims alleging negligent acts that caused injury to patients. So how do you, as a conscientious healthcare professional, find an insurance provider who meets your specific needs? Here are someREAD MORE
Malpractice Insurance: Best Option for Physicians
Did you know that most American doctors face at least one medical malpractice lawsuit in their career? Malpractice insurance can protect you from these lawsuits. Malpractice insurance is a type of insurance you purchase to protect your practice or staff from liability for practicing medicine. Medical malpractice insurance is vital and in the best ofREAD MORE
Why Do I Need Malpractice Insurance Coverage?
Did you know that approximately 19,000 medical malpractice cases occur in the U.S. every year? Regardless of how professionally you conduct your healthcare practice, it is still susceptible to false – or, in some cases, legitimate – patient claims, which is why having medical malpractice insurance is a necessity. Let’s talk about why it isREAD MORE
What 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 oneREAD MORE