A medical malpractice insurance policy is a contract. The terms of the contract, what is covered and what is excluded, can vary from company to company and even among different policies issued by the same company. One important variance can be demonstrated by demand and incident triggers In a claims-made policy, the limits that apply …
TALLAHASSEE, Fla. (AP) – Caps placed on how much money people can receive in cases where a doctor’s mistakes led to a patient’s death were declared unconstitutional by the Florida Supreme Court on Thursday. The lawsuit limits were part of a law then-Republican Gov. Jeb Bush pushed in 2003 in an effort to lower the …
Fla. Supreme Court tosses medical malpractice caps Read More »
1. Know Your Carrier In order to succeed with medical liability insurance, an insurance carrier must have solid financial stability and expert claims handling. Be confident your insurance carrier will have the resources to respond in the event that a claim should ever arise. Purchase coverage from a well capitalized, financially sound institution. Insurance rating …
Medical Liability Insurance: 5 Costly Mistakes You Should Avoid Read More »
A recent inquiry from an existing physician client highlighted the issue of obtaining medical malpractice coverage BEFORE introducing new procedures to your practice. In this case, a physician client contacted our office to advise us of a new procedure he would be performing as a part of his existing pain management practice. The client had …
New Procedure? Check Your Medical Malpractice Insurance Coverage First Read More »
Some insurance agents are just that — agents for a particular company. An independent broker can write a policy for any carrier, and that can mean big savings for the practice, facility or doctor when purchasing medical malpractice insurance. The independent broker is a licensed, experienced professional. His services are very valuable, but the client …
Independent Agents Cut Cost of Medical Malpractice Insurance Read More »
With so much attention focused on reforming the healthcare industry, many points and facets are coming into the spotlight. Some have pointed out that health care costs are higher in the U.S. than in other countries for the same procedure (but often leaving out pertainent facts, including government sponsorship of those facilities, etc.) Everyone agrees …
The State of New Hampshire has seized $110,000,000 in private Medical Malpractice mutal funds to balance the state’s budget, according to Charles Arlinghaus, president of the Josiah Bartlett Center for Public Policy. The fund, like most mutual funds, was money set aside in case of loss — funds which rightfully and by state statute belong to …
New Hamphire Seizes $110 Million in Private Malpractice Mutual Funds Read More »
Generally speaking, I tend to let the ambulance chasers’ statements slide on off of my back. Their motives are clear enough: They want to convince people that their services are needed, so they can get 1/3 of the prospective client’s money. This causes them to run commercials on TV, to take their pay on spec, …
Ambulance Chasers Twisting Truth, Stealing Thunder Read More »
