Georgia Physicians Must Disclose Lack of Med Mal Coverage
Side Note: Georgia physicians have a new rule to play by. If a physician in the state of Georgia does not have physician liability insurance, he or she must disclose this to his or her patients. “Going bare,” as it is often called, is pretty uncommon, and should be, for several reasons. We here at MyMedicalMalpracticeInsurance.com understand that the high cost of med mal insurance is daunting for physicians –which is why we work with so many providers to help get you the lowest price available and coverage that is tailored to your needs –so you don’t have to pay for what you don’t need. And, although the cost of med mal insurance is high for physicians, and it’s tempting not to pay the premiums, the risks of going bare, both financially and professionally, are far greater. If a physician is sued for med mal, found guilty, and does not have med mal coverage, the physician must pay the awarded damages and all related expenses out of his or her personal assets. One successful med mal case could prove devastating to a Georgia physician’s career without med mal coverage.
The good news is that Georgia physician liability rates have largely held steady for the last few years. We here at MyMedicalMalpracticeInsurance.com track the average med mal insurance rates in each state for several specialties. We welcome you to view the med mal insurance rates for Georgia physicians for the last 10 years.
Are you a Georgia physician looking to lower your Georgia med mal policy cost? If so, contact us today for a free quote.
Ben Watson’s malpractice bill becomes law
Posted: May 14, 2011 – 10:29pm
From Savannahnow.com
By Morris News Service
ATLANTA — Physicians now must make public if they are not covered by medical-malpractice insurance with the signing into law Thursday legislation by the General Assembly’s only doctor.
Rep. Ben Watson, R-Savannah, sponsored House Bill 147. It requires physicians to make the disclosure in routine surveys done by the state.