In the world of healthcare, physicians face numerous challenges every day. One of the most critical areas that often gets overlooked is malpractice insurance – specifically, tail malpractice insurance coverage. The truth is, tail malpractice insurance can be a lifesaver for doctors. It ensures that they are protected even after they leave a practice or
READ MOREMalpractice Insurance Coverage
Types of Medical Liability Insurance: Tailoring Policies to Suit Different Healthcare Practices
Can a healthcare provider purchase medical liability insurance without thinking carefully about what would give the best protection? Does one policy fit all practitioners in all instances? No, insurance policies must be researched and tailored to suit different practices and providers. Here is what to know about types of medical liability insurance and how a
READ MORETail Coverage Explained: Why It’s Essential for Physicians at Different Points in Your Career
Also called extended reporting period coverage, tail coverage is an important part of medical malpractice insurance coverage. It protects physicians from future claims that may arise after their policy period has expired or has been canceled. While it may seem like an additional expense, this type of coverage is very important for physicians at various
READ MOREUnderstanding Tail Coverage: Why It’s Crucial for General Surgeons
In the complex world of medical care, where the stakes are high and the margins for error are minimal, the importance of comprehensive insurance coverage cannot be overstated. For general surgeons, navigating through the complexities of medical malpractice insurance is as critical as the precision required in their surgical practices. A significant component of this
READ MOREThe Impact of Continuous Education on Family Practice Malpractice Insurance Premiums
Medical malpractice premiums are on the rise. As we find ourselves in what experts define as a “hard market,” many providers are experiencing surging costs influenced by factors such as rising healthcare costs, sophisticated medical procedures, and an uptick in malpractice claims. With premiums on a steady climb, you might be wondering if there is
READ MOREFactors Influencing Family Practice Malpractice Insurance Premiums
Family practice physicians play a critical role in providing primary care services to individuals and families. As healthcare providers, they are required to carry malpractice insurance to protect themselves in case of medical errors or negligence claims. Family practice malpractice insurance premiums cost can vary based on several key factors that influence the level of
READ MOREHow to Choose the Right Medical Malpractice Insurance Company
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
READ MOREState 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 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 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
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