Latest Med-Mal Insurance News & Research
Liability and Adverse Medical Events
The Clinical Advisor had an interesting article recently all about liability and adverse medical events. There is no doubt about it that there is often an unspoken rule in the medical culture that silence is the best way to handle a medical error or adverse medical event. But is it? Frequently nothing is said because […]
Underreported Medical Errors and Med Mal Ins
A recent study reported on in the New York Times tracked errors, accidents and other harmful events related to Medicare patients during hospitalization. The Department of Health and Human Services study found that only one in every seven adverse events is reported. Worse yet, even after hospitals investigate known errors, little is usually done to […]
Physicians Down on Health Care Reform
A recent study by the Deloitte Center for Health Solutions found that physicians think health reform will do little to reduce costs. The survey was sent to 16,500 physicians from the AMA’s Master File asking them to take the 30-minute online survey and provided an incentive. Three percent (500 physicians) completed the survey. The survey […]
Top 5 Reasons To Shop Around for Liability Insurance
1. Professional liability coverage is one of the biggest expenses a physician faces each year. It is important to get the best best price you can –doing so can save you thousands of dollars a year. 2. Not all liability insurance agencies are created equal. Agencies can vary greatly in a lot of ways. Some […]
Venue Shopping Behind Philadelphia's High Medical Malpractice Insurance Rates
side note: The link below will direct you to the American Tort Reform Foundation’s 2012 list of Judicial Hellholes, which documents in annual reports various abuses within the civil justice system. Philadelphia was ranked No. 1 on this year’s Judicial Hellholes list. Because a county’s medical malpractice insurance rates are determined largely by the attitude […]
Emergency Med Mal Coverage as It Relates to ER Visits
Wow. According to preliminary data from the Centers for Disease Control, it looks like visits to the emergency department were up by 13 million from 2008 to 2009. Why you may ask? Or, actually, as a physician, you probably wouldn’t ask…you already know why. Yes, fear of medical liability and having to use one’s emergency […]
Moody's: Medical Malpractice Insurance Market Driven by Healthcare Delivery
side note: The article linked to below gives a synopsis of a recent analysis of the medical malpractice insurance market published by Moody’s Investment Services, the well-known provider of credit ratings and research covering debt instruments and securities. In its analysis titled “U.S. Medical Professional Liability Insurance: A Specialty P&C Insurance Sector Tied Closely to […]
Happy New Year from Cunningham Group!
Happy New Year from everyone here at Cunningham Group! We hope that you were able to enjoy the holidays and spend some time with those you love. While we enjoyed the holidays, we are glad to be back at work. Med mal insurance is all we do –and we specialize in it because we love […]
Texas Tort Reform Doesn't Lower Cost of Healthcare; Does Lower Cost of Medical Malpractice Insurance
side note: Consumer advocacy group Public Citizen recently released a study that analyzed data from Texas, which in 2003 imposed some of the strictest liability caps in the country. While medical malpractice litigation plummeted dramatically since the caps were imposed, residents of Texas are still paying as much for healthcare as any other state in […]
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