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 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 MOREUnderstanding Malpractice Insurance Costs and Benefits for Primary Care Physicians
Paying your medical malpractice insurance bill is not pleasant. For some physicians that bill is just providing a piece of paper stating a guarantee that they will never use it. For others it provides peace of mind knowing if a medical malpractice suit is filed against them, they’re covered. In either case, it is tough
READ MOREWhy Do You Need Malpractice Insurance For Telemedicine?
Protecting yourself from liability is one of the most important things you should do as a physician when changing your practice or starting to provide an additional service. Thanks to modern technology, patients who cannot physically visit their doctor can now receive diagnoses, treatment advice, and prescriptions via telemedicine. This raises an interesting question –
READ MORETelehealth is a Medical Malpractice Insurance Risk
Practicing medicine online through video chats or by phone call is risky. Although the COVID-19 pandemic accelerated the use of Telehealth into prominence in the last few years, it still has inherent risks that need to be avoided, reduced, or insured against. The main concerns are medical malpractice claims for undiagnosed or misdiagnosed conditions, HIPAA
READ MOREWhat Kind of Medical Malpractice Insurance is Needed for a Telemedicine?
The COVID-19 pandemic ushered in a new wave of Telemedicine practice in the United States, and with it came a whole new set of medical malpractice risks. Of course, Telemedicine had been available for years preceding the pandemic, but when stores and businesses were shut down, and people stayed home throughout 2020 – 2021, most
READ MOREIs Medical Malpractice The Same As Liability?
In today’s litigious world, there is no question that doctors and their medical practices need to protect themselves from possible lawsuits. Just one costly claim could have dire financial consequences affecting not only one member of your practice but the livelihood of your entire staff. When considering the right type of coverage for you and/or
READ MORECommon Causes of Medical Malpractice Lawsuits
Most medical malpractice lawsuits fall into a few categories, and the most common causes of litigation are well known. As a physician, avoiding a malpractice claim is not as easy as you might think. Nearly 50% of physicians over the age of 55 have been sued for medical malpractice. Good communication with your patients and
READ MOREWhy 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 is
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