By Brad O'Brien
April 07, 2017

Medical Director developing a MediSpa, Telemedicine or Medical Director Business

There are a lot of physicians with their own practice, private or industrial, who are interested in starting their own services, from Medical Concierge consulting work to many other ‘non clinical’ or non traditionally clinical medical practices. The Doctors Insurance Agency has made it our primary business to understand where the affordable and comprehensive insurance policies are to allow you to do just this. Our physicians (the ones who work with us to help them find these policies) are surprised , the ones who decide to start their own medical wellness aesthetic clinic to learn how affordable it can be to obtain a medical professional liability insurance policy.
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By Brad O'Brien
April 05, 2017

Nurse Owned Clinics and the Medical Malpractice Insurance

For over 15 years our medical malpractice insurance agency provided Nurse Practitioners Professional Liability Insurance in a shared limit capacity by adding them to a medical doctors medical malpractice insurance policy.

Increased Access

And because it is less expensive to compensate nurse practitioners and because they provides an excellent care and spend more time with patients, physicians and all specialties have been adding these mid-level practitioners to their policies. Often times doctors will sign independent contractor agreements that drive their decision to purchase their own professional liability insurance policy.
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By Brad O'Brien
March 29, 2017

Urgent Care Malpractice Insurance

Internal medicine is the medical specialty dealing with the prevention, diagnosis, and treatment of adult diseases. Physicians specializing in internal medicine are called internists. Family practice is also a specialty dealing with the prevention, diagnosis and treatment of adult diseases. Physicians practicing specializing in family practice are called family practice doctors. These are the definitions that I find when I look into the Internet and these are the broad categories that are used to create medical malpractice premiums,
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By Brad O'Brien
March 16, 2017

Finding the Right Price and Coverage for your Medical Director Services

The role physicians play in the nonclinical setting is becoming more complex as the medical practice landscape evolves.  The Doctors Insurance Agency has dozens of liability policies that cover the medical director services either by endorsement or as a stand alone claims made policy.

Researching the data available with the Medical Group Managers Association website, we compiled lists of job functions, duties and responsibilities.
Our policies cover them all (including patient care)…  It is common for medical directors of pathology departments, hospitals, dialysis centers, skilled nursing facilities, adult day care centers and medi-spa's to require coverage for the administrative and supervisory services as well as part-time or limited part-time direct patient care.
Main functions of a medical director:

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By Brad O'Brien
March 16, 2017

Understanding Hospitalist Medical Malpractice Liability Insurance

To understand hospitalist medicine, your insurance broker or agent must have experience in the medical professional liability insurance industry.
It is very helpful to have a team of professional liability underwriters who understand how to develop premium according to actual exposure.

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.
The connection between Tail coverage and Hospitalist Medicine
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By Brad O'Brien
March 03, 2017

Does a Cosmetic Nurse Esthetician Need Their Own Professional Liability Insurance Policy?

question that is asked often of our national healthcare liability brokerage team: (especially by our Cosmetic Technicians, Nurses, Estheticians)

Do I Really Need My Own Insurance Policy?

I think in our experience, the answer to this question is YES, whether it's a medical Doctor  who has independent contractor agreements to provide hands-on direct patient care or for medical director services .. or whether it is a nurse aesthetician or mid-level provider working in a MediSpa or wellness setting -  the premiums are generally under $3,000 a year often less than $1,500,  this is what  leads us to answer yes
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By Brad O'Brien
February 10, 2017

Cyber Liability and Medical Professional Liability

The Doctors Insurance Agency continues to work with telemedicine organizations on their medical professional liability insurance, it becomes very clear to us that the telemedicine professional liability policies must include at least a sub limit to protect the organization against a breach of data; they should purchase a cyber liability insurance policy to protect against hackers, people who are specifically deliberately and successfully targeting healthcare organizations  -  none more so than telemedicine against loss of data in the first party liability that comes with that loss.
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By Brad O'Brien
December 20, 2016

Clinical Trial. Drug Discovery

Clinical trial. Drug discovery. Contract research organization. Sponsors. Preclinical research. Drug approval. Many people have only a vague idea what these words mean. This important work is how  life-changing drugs get to patients — and the important role played by the contract research organization (CRO).

The Doctors Insurance Agency is proud of our developing experience working with Medical Malpractice Insurance companies to endorse the work of our policyholders by including clinical trial  work on our medical malpractice insurance policies.
 
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By Brad O'Brien
December 07, 2016

Physicians Who Receive Negative Online Reviews

Often times when a physician is the subject of a very negative yelp review, the language used can be specific and damning.  The experience can involve the very beginnings (a notice of sorts-in writing.)  of a future malpractice claim, which will result imminently from the dissatisfaction.
Many doctors are reviewed online (google plus, Yelp, etc.) What should you do if you receive a ‘damning review’.  The Washington Post reported that many doctors are firing back at bad Yelp reviews — and breaching their HIPPA duty to protect patient information and records.
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By Brad O'Brien
November 30, 2016

Can I Work for a Telemed Company?

Our agency has been finding Telemedicine Medical Professional Liability Insurance Solutions since 2002 (when a couple of innovative thinkers in the Silicon Valley in California (who happened to be Radiologists) decided that there was a business opportunity in providing Radiology services between Midnight and Eight in the morning.
 
We needed to endorse and expand their medical professional liability policy so that it was manageable (easy to add and inclusive of tail when their physicians cancelled).  The policy covering Telemedicine organizations, insuring them against medical malpractice claims had to be flexible and affordable.
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