Latest Med-Mal Insurance News & Research
No-Known-Loss Letters: Do You Need to Take Them Seriously?
When entering into claims-made policies, physicians are regularly asked to sign no-known-loss letters as part of the med mal insurance application process. But how seriously dose a physician need to take them? The short answer is: VERY seriously. Today we will also give you the longer answer and explain why no-known-loss letters are not to […]
Interview with Matt Ray, Practice Manager of IRC
Today we are interviewing Matt Ray, Practice Manager of Integrated Rehab Consultants (IRC). Integrated Rehab Consultants partners with skilled nursing facilities to provide enhanced levels of care for rehab patients in a sub-acute setting. IRC utilizes a team-based approach to rehab, and IRC’s Physiatrists are dedicated to managing a rehabilitation program that rivals inpatient rehab […]
Liability Coverage for Multispecialty Physicians
Lately the agents at MyMedicalMalpracticeInsurance.com have been working with more and more physicians that have been trained in, and are practicing in, multiple specialties. In this situation, medical liability insurance for multispecialty physicians can sometimes be straight-forward and easy to secure. But, other times, special customized coverage is required. First, multispecialty physicians should NEVER assume […]
The BATHE Technique: Dealing with Patients' Emotions
While physicians choose to specialize in different areas of medicine, and focus on different parts of the body and disease states, all physicians deal with many different kinds and levels of emotion displayed by their patients. Thus, diagnosing and treating a patient does not occur in a vacuum –diagnoses and treatment plans impact not only […]
Mississippi Supreme Court Declines to Rule on Non-Economic Damage Caps
On Aug. 23, the Mississippi Supreme Court declined to answer whether the state law that places a $1 million cap on non-economic damages in civil cases is constitutional. Currently considering the appeal of a damage award against Sears Roebuck & Co., the 5th U.S. Circuit Court of Appeals in New Orleans asked the Mississippi high […]
Liability Insurance Issues When Adding a New Physician to a Practice
Growth is great in your medical practice. Growing pains are not. The agents at MyMedicalMalpracticeInsurance.com place physician liability insurance coverage for new doctors being added to medical practices on an almost daily basis. And, here are three key points that should always be discussed by both parties when going through this transition. 1. Employee versus […]
What You Should Expect From Your Professional Liability Agent
The professional liability agents at MyMedicalMalpracticeInsurance.com feel that our clients should expect a lot from us. We are professionals, just like they are. They specialize; we specialize. Here are eight things that we believe you should reasonably expect from us (and, really, any professional liability agent). 1. Ideally, your insurance agent should specialize in professional […]
Oklahoma Malpractice Claims Frequency at 10-Year Low
The number of medical malpractice cases in Oklahoma has dropped dramatically in the last two years to its lowest point in more than a decade. Many attribute the steep decline in medical malpractice verdicts to 2009 tort reforms that eliminated the state’s system of joint-and-several liability as well as reduced the dollar amount of its […]
New England Journal of Medicine Against Non-Economic Damage Caps
A recent peer-reviewed article in the New England Journal of Medicine makes the argument that non-economic damage caps in medical liability cases are ineffective at controlling the cost of healthcare and ultimately have a negative effect on overall patient safety. The article continues to argue that it is not a lack of non-economic damage caps, […]
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