Will my Medical Professional Liability Insurance Policy Defend my License?

In addition to providing Medical Malpractice Professional Liability Insurance, The Doctors’ Insurance Agency works with physicians and surgeons nationally to protect their medical licenses. The Doctors’ Company was one of the first insurance carriers to offer money (expenses up to $ 25,000subject to a $ 1,000 deductible) to defend you against medical board or hospital/payer credentialing investigations.

This ‘sublimit’ was one of the INNOVATIVE COVERAGE SOLUTIONS first offered by The Doctors’ Company in response to a sudden increase in cluster claims brought by State Medical Boards in conjunction with the more expected and reasonable patient allegations of missed diagnosis or omissions (or other negligent service claims).

Read the rest of entry »

You Only Need One Insurance Policy to Cover your Anti Aging and Aesthetic Practice

Is there one medical malpractice, medical professional liability policy that covers a physician practicing some conventional, primary care medicine (taking histories, physicals and even prescribing appropriate "Pharma" remedies, antibiotics, topicals, meds) but diagnoses chronic disease with an eye toward 'integrating' a holistic solution. 

Do you need more than one medical malpractice insurance policy to cover your anti - aging practice: One to cover Testosterone  supplements, hormone therapies, stem cell injections, or other anti aging treatments.  Another policy which covers the lifestyle, 'medical consultations, including nutrition, life environment, food choices, exercise routines, ....And a third to cover aesthetic (laser, skin treatments, injectables or other aesthetic services). 

Read the rest of entry »

Is There an Affordable Clinical Research Liability Insurance Policy?

 

How do you provide proper insurance:  the right type of clinical research liability insurance for your clinical research organization? Doesn’t the Pharmaceutical or Manufacturer provide indemnification clauses that cover the research organizations? What if you are a clinical research organization that employs three investigators: (each an M.D. or D.O.) and many independently contracted sub investigators; Some of these (a combination of mid levels  (NP’s, CNM’s and PA’s).

Yes, you  can purchase a policy for  the organization that includes everyone you need to implement your  sophisticated work of the FDA approved trial. 

 

Read the rest of entry »

Insurance for MediSpa Professionals is Easier Than you Might Think.

The Doctors’ Insurance Agency has been working with our partners at Program Professional Insurance and World Wide Facilitites to develop, promote and underwrite policies that cover individual RN’s doing Aesthetic services, The medical professional policies are a great solution for Midlevel Providers working in or owners of a MediSpa.  These specialized liability insurance policies cover as many employees or independent contractors as necessary (according to your growth and business model).

The policies are underwritten by American and London based Carriers with years of supporting this industry. They have access to informed consent forms, risk management tools and fair, competitive premiums that will allow your business to grow in those sensitive early years. 

Read the rest of entry »

Portable Medical Director Liability Insurance Policies Can Follow You!

Developing premium based upon individual clinical practice of medicine (direct patient care within the specialty)

The Doctors’ Insurance Agency over 25 years has managed the Medical Malpractice Insurance Policies for  thousands of physicians).  Ninety percent of our physician liability insurance policies cover doctors practicing within their medical specialties- full time in clinics, hospitals or medical offices.  These policies are rated by insurance company actuaries developing premiums after studying the claims in those individual specialties. 

Sufficient Premium for clinical practice bodily injury resulting from alleged medical negligence claims

The actuaries develop premiums by studying claims history in the specialties overall (nationwide) and then, in particular  in the state and county of practice; studying the frequency and severity (average claim cost) in each medical specialty and determining the first five years of premium based on those variables.  This model always seems straightforward and makes sense to mepremiums to buy insurance for cars, homes, condos, renters, life, disability all use variables like this to measure and logically price the product

Read the rest of entry »

How Much is Tail (Does The policy Include tail?

Medical Malpractice Tail Premium and Coverage

 

The Doctors’ Insurance Agency provides medical professional liability insurance for physicians and facilities.  In the past thirty years (we were founded in 1988) we have probably answered the question about the high cost and the importance of providing tail insurance for the work that you’ve done over the past weeks, months or many years. Tail insurance can be purchased immediately following the cancellation of a policy by following the terms of the policy; most ‘admitted’, preferred medical malpractice insurance companies charge between 200 and 250 % of the expiring premium to provide a tail policy protecting you  indefinitely into the future.

Read the rest of entry »

Medical Director Liability Insurance Costs $ 2,000 per year regardless of What State you’re in

Medical Director Liability Insurance costs $ 2,000 per year regardless of what state you’re in … Plus taxes and fees..

Unless…..(it’s always that word that starts to add cost and eliminate coverage in the insurance industry).   The more physicians feel constrained by institutional medical groups, which can restrict their practice protocol, their decision making, or feeling of independence, the more physicians sign contracts to work as independent medical directors. There is a very helpful article on ‘Seak.com’:The Biggest Legal Mistakes Physicians Make and How to Avoid them’  This was written by Karen@Seak.com in September of 2014 On Seak.com 

Read the rest of entry »

How to Avoid the High Cost of Tail?

Medical Clinics can purchase Medical Malpractice Policies that can provide (or offset) the cost of tail.

Often clinics (Urgent Care Centers, Internal Medicine/Primary Care Groups)  and medical groups specializing in pain management struggle with the challenge of  on-boarding physician while  promising to responsibly provide their Medical Malpractice Insurance …which is common and mandatory in order to recruit internal medicine physicians and pain management specialist physicians …but how do you afford to manage the seemingly inevitable cost of future cost of claims. 

The future cost of claims is referred to as tail insurance (which is defined as :  Tail Coverage (Extended Reporting Coverage) 
Coverage that protects the physician against all claims that arise from professional services performed while the claims-made policy was in effect, but which were reported after the termination of the policy. Some insurers offer this feature free of charge for retiring doctors who meet certain requirements

Read the rest of entry »

Cosmetic Nurse, Registered Nurse Starting Aesthetic Services

Cosmetic Nurse, Registered Nurse starting Aesthetic Services need smart affordable professional liability policies.

 

If you're an RN about to start your own business or begin slowly and work as an independent contractor performing cosmetic injectable and dermabrasion or micro needling, (or other aesthetic procedures).

If you're an RN doing any of the following:  Injection of Botox including for Hyperhidrosis, Masseters, and/or Platysmal Bands, Dermal Fillers including in the Ear Lobes or Hands, Vitamins/Supplements, Sclerotherapy, PRP (Platelet Rich Plasma), IV Therapy with or with light, Chelation Therapy, Flu Shots, Blood Draws, Injection of a Mesotherapy Solution and/or Kybella.

Read the rest of entry »

Are you Planning to Change Medical Professional Liability Insurer?

There are many reasons to change medical professional liability insurers. The most common reason is due to an increase in premium.  The medical malpractice insurance market has been quite stable since 2006 with carriers holding their rates steady, even decreasing them in competitive locations or favorable legal venues.  While the Medical Professional Liability Insurance market is relatively steady, costs continue to be high compared to other lines of commercial insurance coverages.  When determining where to cut costs in your medical practice, do not look towards changing insurance carriers from a claims-made policy without purchasing tail coverage. 
Read the rest of entry »
Pages: Previous1234567...24NextReturn Top
  1. Re: Which Insurance Carriers Provide Urgent Care Policies?

    http://www.ugg--slippers.us.com/ ugg slippers http://www.nikeairmax-97.us.com/ air max 97 gold http:...

    -- jingting17

  2. Re: Medical Malpractice Insurance Premiums bolstered by reserves

    http://www.lebron15-shoes.us.com/ basketball shoes http://www.skechersuk.co.uk/ skechers boots http:...

    -- xuehui51

  3. Re: The Doctors' Company- poised to manage consolidation of physicians

    air max 90 kd 10 moncler jacket Yeezy swarovski bracelet ugg boots new balance golf shoes balenciaga...

    -- xuehui51

  4. Re: Can you insure Telemedicine?

    nike outlet fitflop sandals asics mens running shoes pandora rings kate spade outlet Yeezy vapormax hermes...

    -- caijuan83

  5. Re: Patient Safety at The Doctors’ Company studies Texting in the medical profession

    michael kors outlet fenty puma shoes nike vapormax adidas yeezy pandora earrings swarovski bracelet nike...

    -- qiuling79

  6. Re: Vicarious Liability Medical Malpractice, The Challenge with Medical Malpractice Insurance

    moncler coat yeezy boost 350 v2 nike lebron salomon shoes vapormax oakley eyeglasses pandora bracelet...

    -- xuehui51

  7. Re: Is There an Affordable Clinical Research Liability Insurance Policy?

    air max 90 uggs for men oakley sunglasses nike air max jordan retro 12 pandora jewelry adidas originals...

    -- xuehui51

  8. Re: Hospitalists are Still Insurable on Individual, Solo Policies

    yeezy red valentino adidas ultra boost uncaged mont blanc birkenstock shoes hermes belt men north face...

    -- xuehui51

  9. Re: Hospitalists? What Are Those?

    Hermes Birkin Bags jimmy choo trainers nike air max adidas nike air max 95 cheap oakley sunglasses nike...

    -- changhon62

  10. Re: TDC Innovates in Rating per Procedure Urgent Care Policies: Saving Urgent Care Groups Thousands in Med Mal Premiums.

    ralph lauren polo shirts nike air max 2018 red bottoms air jordan 11 space jam yeezy shoes fitflop shoes...

    -- changhon62