Earlier this year, the U.S. Department of Health and Human Services (HHS) announced the final rule that strengthens the HIPAA laws and regulations and puts in place many conditions of the HITECH Act. Obviously, it’s been every medical provider’s goal to be compliant to the HIPAA rules from the very beginning; so why the panic over the HIPAA compliance deadline of
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HIPAA Goes Into Effect on 9/23/2013 – Are You Ready?
Are you ready for September 23, 2013? That’s when full enforcement of the Omnibus Rule modifying HIPAA goes into effect. While there are many areas of compliance contemplated under this watershed shift in regulation one of the most important to consider, whether you are a private practice, a hospital, an insurance broker, or even just
READ MOREMalpractice Payments and the Cost of Premiums
Numerous reports have come out as of late, suggesting that new research debunks the idea that high malpractice payouts are significant factors in the cost of medical professional liability insurance premiums. These studies often point out situations where the number of malpractice suits remained the same or declined over a period of time and/or where malpractice
READ MOREWhat to Expect from the Affordable Care Act
Like it or not, the Patient Protection and Affordable Care Act (PPACA) appears to be here to stay, and it’s going to mean changes for just about everyone. Across the entire medical industry – from patients to doctors, from hospitals to groups, and from insurers to brokers – change is coming. What are some of
READ MOREMedical Malpractice Litigation – Two Additional Resources
Medical Malpractice Litigation – A Follow Up As a follow up to our previous post on What to Expect in a Medical Malpractice Lawsuit, we present the following video from The Doctors Company. What to Expect From Medical Malpractice Litigation You can view other videos by The Doctors Company at their YouTube Channel. More Info on Medical
READ MOREWhat to Expect in a Medical Malpractice Lawsuit
While no doctor wants to think about the prospect of being sued, the reality is that many will be, and that being prepared for the process can offer real peace of mind. 42% of Physicians have faced a medical malpractice lawsuit over the course of their careers; likewise, 90% of general surgeons over the age of
READ MORENew Malpractice Report Shows the Importance of Finding a Trusted Insurer
Medical Malpractice Insurance Brokers Find You the Right Coverage Physicians and others in the medical field, take note: Medscape has published a Malpractice Report with some very helpful information to keep in mind when thinking about liability and risk management practices. The July 2013 report surveyed 3,480 physicians across 25 specialties, nearly 1,400 of who have been
READ MOREMedical Malpractice 101 – Who Needs Medical Professional Liability Insurance?
In this post, we’ll take a brief look at who needs medical professional liability insurance, and how both individual and group policies are important tools for the medical professional. Medical malpractice lawsuits are becoming increasingly common. The ease with which they can be brought, combined with the lack of serious consequences for those who bring them
READ MOREMedical Malpractice 101 – Understanding Different Types of Medical Professional Liability Insurance
In this blog post, we make sense of Occurrence Policies and Claims-Made Policies. We also clarify Tail Coverage and Nose Coverage. Occurrence Policies Occurrence policies represent the broadest and most thorough form of medical malpractice insurance available; this, of course, also means that occurrence policies tend to have the highest premiums. Under an occurrence policy,
READ MOREMedical Malpractice 101 – The Value of Medical Malpractice Insurance
What is medical malpractice? What is negligence? Why do you, as a medical professional, need to be insured against these things? In this series of articles we’ll take up these questions and more and offer you a road map to navigating the world of medical professional liability (malpractice) insurance. Differentiating Medical Malpractice and Negligence
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