Medical Malpractice Insurance policies can be confusing, and most allied healthcare providers are unsure whether to get an Occurrence or a Claims Made policy. The answer to this question really depends on your employer, your employment status, and your future career plans. First, a definition of each type of policy may be helpful:
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Nobody knows how this Coronavirus era of 2019 and 2020 will be viewed in the history books decades from now, but we do know that our healthcare community will be the heroes of the story. Physicians, nurses, and all our healthcare providers are on the frontlines in testing and caring for the sick, and hopefully will soon formulate a vaccine for COVID-19.
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Physicians and practice administrators need to prepare for the inevitable increase in medical malpractice insurance premiums at the next renewal. If it doesn’t happen this year, it will happen next year. The medical malpractice insurance market is changing, and premiums are going up.
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Some doctors and scientists believe that genetic editing technology may be the next step in curing common illnesses without antibiotics.
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Research through the last twenty years all points to the correlation between a physician’s relationship with his/her patients and the number of lawsuits that physician will have filed against them.
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