Do you know the differences between occurrence and claims-made medical malpractice insurance policies? As a general surgeon desiring premiere coverage at the best possible cost, you should understand the differences. In this eQuoteMD blog, we will outline the distinctives of both kinds of insurance policies, so you choose the coverage which benefits you most. What
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The Role of Risk Management in Controlling Malpractice Insurance Costs
To deliver excellent healthcare and to control the risks of doing so, doctors and other healthcare providers need to develop risk management plans.In other words, what best practices can be implemented to protect patients from harm and to avoid costly medical malpractice insurance claims and legal action against providers?In this blog, we will investigate the
READ MORERisks in Healthcare: Identifying Potential Malpractice Claims
By the time a family physician retires, he or she likely will have at least one malpractice claim filed. The stress of litigation can be daunting, even if it seems unlikely that an insurance payout will be awarded to the plaintiff. How can you avoid potential medical malpractice claims? Whatever your medical specialty, you need
READ MORENew York Medical Malpractice Insurance Overview
If you are a physician or other healthcare provider practicing in New York State, you do not have to purchase medical malpractice insurance in order to practice. That said, it is to a doctor’s advantage to get the best possible coverage because of New York’s high number of payouts and the amounts of those judgments
READ MORETypes of Malpractice Insurance: Occurrence Versus Claims-made Policies
As a healthcare provider, you are in the business of protection–your valuable patients and their families. Our business is to protect you, your medical practice, assets, income, employees, and more. To empower you to understand the details of medical malpractice insurance, let’s look at two aspects of coverage: claims-made versus occurrence insurance policies. The two
READ MOREClaims History and its Impact on Malpractice Insurance Rates
Medical malpractice insurance provides protection against the financial burdens that can arise from medical malpractice claims, focus on their patients rather than worrying about potential legal issues. However, the cost of malpractice insurance is not the same for all providers. A significant factor that influences the rates for malpractice insurance is the individual’s or group’s
READ MOREThe Cost of Medical Malpractice Insurance: Factors that Impact Premiums
Why is a medical practice’s overhead so high? There are many expenses that must be considered, but medical malpractice insurance is one of the highest. The cost of medical malpractice insurance can be a significant financial burden for many physicians and groups, impacting their practice’s profitability and overall financial stability. There are many factors that
READ MOREChoosing the Best Malpractice Insurance: Tips and Considerations for Healthcare Professionals
Healthcare professionals dedicate their careers to caring for others. However, in the complex world of healthcare, accidents, misunderstandings, and unforeseen circumstances can lead to legal disputes and malpractice claims. To protect their careers and financial well-being, healthcare professionals need reliable malpractice insurance. In this article, we will explore the importance of malpractice insurance, tips for
READ MOREStrategies for Finding the Best Malpractice Insurance in New York
Physicians in New York pay more for medical malpractice insurance than anyone else. That’s why it’s important to find the best coverage at the lowest rate possible for your practice. The state of New York is one of the best places to practice medicine in the country, and along with the state’s high level of
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