Latest Med-Mal Insurance News & Research
Resolution #2: Lower Med Mal & Increase Patient Satisfaction
On this blog we talk a lot about patient satisfaction and how high rates of patient satisfaction lead to lower rates of being sued for med mal. Makes sense, right? But are you and your practice doing all that you can to raise levels of patient satisfaction? It might seem a bit strange to think […]
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 […]
Negotiate Bills: Up Patient Satisfaction, Lower Med Mal Risk
Physicians have always had to deal with patients who have difficulties paying their bills. But with the country’s recent economic strain, patients are having a harder time than ever paying their bills and many are asking to negotiate their bills and what they owe. A good medical practice has a formal policy in place to […]
An Apology Can Avoid Medical Malpractice Lawsuits
side note: The article linked below deals with the founder of The Sorry Works! Coalition, which is an advocacy organization that promotes disclosure, apology (when appropriate) and upfront compensation (when necessary) after adverse medical events as a means to avoid medical malpractice lawsuits. The idea of an honest apology after an adverse medical event as […]
Physician Liability,Technology and Caregivers
In the world of physician liability coverage, there’s always something new to think (and worry) about. The AMedNews.com website had an interesting article recently talking about how technology is connecting physicians and caregivers. According to the article, twenty-nine percent of the American population serves as a caregiver for someone else. With a number that high, […]
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 […]
Top 5 Reasons a Local Med Mal Agent is Not for You
While we here at MyMedicalMalpracticeInsurance.com like to think globally and act locally as often as possible, it is not the best practice for physicians to go with their local med mal agent. Here are our Top 5 reasons why physicians should not use a local med mal agent, and instead, should use a nationally-known med […]
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 […]
AZ Lawmaker Wants to Amend Constitution to Impose Damage Cap
side note: Conservative Arizona lawmakers are trying to remove obstacles that forbid the General Assembly from imposing caps on the amount of money recoverable for non-economic and punitive damages. Those obstacles are Article 2 sec. 31 and Article 18 sec. 6 of Arizona’s constitution, which specifically prohibit limiting recoverable damages. In short, the two articles […]
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