Choosing the right medical malpractice insurance company is crucial when starting your own medical practice. Not only is it important to find a company with representatives you can rely on, but it’s vital to find a company that can provide you with comprehensive liability protection now more than ever before. Let’s discuss choosing the right
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State of the Medical Malpractice Insurance Market
Rates are on the rise, medical malpractice insurance carriers are consolidating, and it’s becoming increasingly more difficult to find insurance coverage. The medical malpractice insurance market is cyclical and has experienced years of ups and downs in the past 3 decades. Overall, rates are slowly increasing, underwriting guidelines are tightening, and more than a few
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 MOREHow Malpractice Insurance Costs are Calculated for Orthopedic Surgeons
With rising premiums and uncertain economic times ahead, having comprehensive liability protection has never been more important. Malpractice insurance is an important element of risk management for Orthopedic Surgeons. Let’s talk about how malpractice costs are calculated for Orthopedic Surgeons, the risks associated with a lack of coverage, and which options you have as a
READ MOREElements that Determine a Medical Malpractice Case
The legal elements involved in a medical malpractice case include: Legal duty Breach of that duty Proximate causal connection between the breach and injury (medical, economic, other) Harm from the injury A legal duty arises once the physician-patient relationship is established. In a medical malpractice case, the legal duty is considered the standard of care.
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 MOREWhat Factors Affect The Cost Of General Surgeon Malpractice Insurance?
As a physician, you are no doubt aware of the importance of having malpractice insurance to protect yourself and your practice from possible lawsuits. However, not all malpractice insurance costs are the same. For example, rates for general surgeons tend to be higher than the average physician’s policy (although less than other surgical specialties, such
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 MOREHow to Choose the Right Dental Malpractice Insurance
Dental malpractice insurance is an essential element of any dentist’s practice. It covers them in the event they’re faced with a medical malpractice lawsuit or other legal proceedings from a patient claiming negligent care. This insurance minimizes any professional disruptions, ensuring that your dental office can continue to serve its patients without interruption from lawsuits.
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 –
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