A Medical Malpractice Insurance Policy Limit is the total amount of money that an insurer will pay to claims on behalf of the insured in any given year of the policy. These numbers are often in the millions, and for good reason. $1,000,000/$3,000,000, for example, is the most common Policy Limit that individual physicians choose. …
The California Medical Association defines an ACO as “a collection of physicians who join together to coordinate care, share clinical information and report on quality measures.” A key part of healthcare reform, ACOs are intended to improve the quality of patient care. In theory this improvement may translate to improved claims experience (e.g. fewer and less …
Accountable Care Organizations Lowering Risk and Rates Read More »
When we’re talking about millions of people without health insurance, that’s simply too many lives in the balance, no matter what percentage they may represent…In the overall, providing them with the best care possible, regardless of their insurance status, is one of the very best ways to solve the healthcare crisis and avoid medical malpractice suits at the same time.
If a death can be even remotely connected to the prescription of narcotics, it’s a sure bet that the ambulance chasers will be circling overhead.
A physician is not a pinata, to be poked and swiped at in hopes of recieving free treats.
It is now well over the First 100 Days of President Obama’s first term in the Oval Office, yet we have precious little information about what the President is likely to lead us towards, what sorts of changes the Medical industry and patients can expect. While many are excited to see some sort of healthcare …
Did you know that medical malpractice insurance companies often offer discounts for medical practices which participate in Risk Reduction programs? In fact, most reliable carriers offer risk reduction information and counseling free of charge. This is one of the discounts which may be available to your practice. What is Risk Reduction? Methods of minimizing one’s …
Pennsylvania’s Governor Edward Rendell claims that the medical malpractice crisis declared in 2002 is now over within his state. If that seems unlikely, your intuition is working well. The reason for the declaration? The governor wants to stop paying out one billion dollars per year to subsidize the cost of medical malpractice insurance claims. But …
PA Governor Seeks End to Medical Malpractice Cost Supplements 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 »
