From the monthly archives: January 2012

We are pleased to present below all posts archived in 'January 2012'. If you still can't find what you are looking for, try using the search box.

Can you insure Telemedicine?

Statements on Telemedicine: We have many physicians, formally, or informally engaging in the practice of telemedicine to some degree.  Pediatricians may ask a worried parent to send a cell phone picture of a puncture wound to a child’s hand due to a neighborhood dog bite; a young student away at college worried about a skin rash may send a clear picture to a local dermatologist through a secure, organized and medical protocol driven web portal, an in-home care agency may use physician assistants and nurses to examine patients communicating to a physician through store and forward technology,  acute care and Intensive Care Units use telemedicine to transmit vital statistics to Intensivists, Adult care and pulmonology specialists to treat the old and very ill.  The Department of Health in New York put out an article recently  on this important topic. And, I know that our agency can help to insure this risk;  we just want to carefully define your method of establishing and contin ...
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Does Tort Reform Assist Physicians , reduce liabilities and control premiums?

This is a persistent question, debated widely even amongst physicians who you might assume all to be unilaterally in favor of tort reforms. Recently Med Scape Online News published this analysis.  The Doctors’ Company works hard to have a voice in the state legislatures to advocate for effective tort reform. Some of this work is paying off.  Actually, there are many victories on this front.  When looking at the medical liability landscape, doctors will see some recent victories fending off tort reform challenges. California's $250,000 noneconomic damages cap -- long a protected, almost sacred standard of tort reform,- was upheld by an appellate court in September 2011. West Virginia's cap also experienced a recent judicial ‘win’ for tort reform, declaring constitutional by the state's high court in June 2011. These reforms are credited with keeping doctors who otherwise would have fled to a better liability climate have stayed put…While, again, the subject of a lot ...
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Employing Physicians can be a financial success

The Doctors’ Insurance Agency proudly represents The Doctors’ Company for Medical Malpractice Insurance in California and in other States. Over the years, our physician insurance agency has focused on other ‘complementary products’ so that our physicians have the coverage they need to manage the risk of their professional and personal investments. I say professional investment because, of course, a medical malpractice lawsuit, no matter how non-meritorious it may be, can bring about the effect of a ‘shut down’ in business; There are companies now just specializing in keeping physicians good name clear on yelp, or other internet services which invite consumer comment online.  So, The Doctors’ Company has responded with not only the first Administrative Medical Expense Insurance Protection (to cover the billing and med board inquiries), but now, we respond with Cyber guard, a $ 50,000 medical defense insurance addition to the medical malpractice insurance policy.& ...
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The Doctors’ Insurance Agency Insures Medical Spa’s…

Medical Spa’s generally cost $ 5,000 - $ 7,500 annual premium for 1 Million limit of liability. And, as low risk as most physicians perceive these centers to be; well, they are not always. Burns from Lasers, nerve damage due to needle penetration, abrasions, cuts, and other allegations of disappointed expectations. Working with a variety of specialty specific insurers and risk managers, The Doctors’ Insurance Agency works for you; to find placement with the right Carrier and premium that is representative of your practice profile.  Generally, the premium is a function of three components: 1)       annual revenue 2)       number of people providing the services 3)       the type of services provided. If you have five nurses and three Aestheticians, the premium will be more than if you have two nurses and one aesthetician. Consolidating your medispa so that you have a few people working longer ho ...
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Management Liability Insurance

The smart specialty insurance company Carolina Casualty provides these important explanations about how to insure the managers of your medical group: Management Liability for Medical Facilities When you ask physicians in your organization to serve as medical directors and fiduciary managers, make sure you have considered the risk management component: Transfer the risk to an experienced, confident, resourceful insurance company. The Doctors’ Insurance Agency and NAS can help you manage this risk and retain your talented physician managers by assuring them that coverage for the following is in place: Members of the organization’s peer review committee are covered as insureds. All insured persons are covered for alleged violations of  the Health Insurance Portability and Accountability Act of 1996 (HIPAA). Third-party liability coverage is provided for claims brought by patients or clients for discrimination and/or harassment. Any organization that deals with the general ...
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Medical Director’s Insurance

If you are asked to serve in the Directors Chair (as it were), before the production begins, call us ..or call me Brad O'Brien directly 415-218-2761. Working with Lloyd’s of London and The Doctors’ Company, The Doctors Insurance Agency, Medical Director’s Liability Insurance has never been more affordable. One aspect of this work to consider; how to insure the medical director. It is possible that the facility or medical group or hospital for which you are acting as Medical Director might already have this coverage.  The liability coverage for the facility should, at least, be examined for this potential. Certainly, surgery centers, medical spa’s and foot clinics, urgent care centers, hospitalist groups and emergency medical groups can all be written to include medical director coverage/liability into their policy. If it is essential that you maintain insurance separate from the facility, perhaps, because you are an independent contractor physician providing these supervision ...
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The Doctors’ Insurance Agency Focuses on New Health Care Facility Insurance Programs

Already established in offering programs for Medspa’s and Weight Management Clinics, The Doctors’ Insurance Agency, through our partnership with a National Lloyd’s of London Program Manager, is working hard to continue it’s specialization in these alternative healthcare markets.  We will be working with Risk Retention Groups and Specialty Insurance Carriers to develop Professional Liability Policies to insure Federally Qualified Community Health Centers, the expansion of the government billing audits, anti Aging procedures, ambulatory surgery centers and other outpatient facilities, Medispas are long established as affordable, relaxing, even life changing clinics in healthcare.  Providing many patients with renewable and affordable aesthetic services, the risk is managed well by partnering with specialty insurers.  Our agency works with Underwriters with years of experience in this maturing market to help you as the owner of the medspa protect yourself against the lik ...
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  1. Re: The Podiatrists Market Research Report states that demand for podiatrists will likely benefit from healthcare reform.

    My husband has been feeling a lot of pain in his feet recently. We think this could be due to his posture...

    -- Sarah

  2. Re: Developing Walk In and Urgent Care Centers

    It's good to see that urgent care facilities are becoming more and more prevalent. You are right that...

    -- Caden Dahl

  3. Re: Functional Medicine Malpractice Insurance

    Interested in obtaining information for FM MP

    -- Cynthia Shughrue

  4. Re: Visiting Residents/Intern/ Fellow (Hands On) Medical Malpractice Insurance

    I am a final year medical student planning to do a couple of electives in medical school in the US and...

    -- Varun

  5. Re: Medical Malpractice Insurance Benefits, expanding to outpatient facilities

    I like the idea of some of the cost returning to the normal discounted market after a few years of claims...

    -- Dave Anderson

  6. Re: Who Can Perform Liposuction Surgery?

    This is very interesting content! I have thoroughly enjoyed reading your points and have come to the...

    -- Re: Who Can Perform Liposuction Surgery?

    Thanks for helping me understand any licensed physician can actually perform this procedure as per the...

    -- Millie Hue

  7. Re: The Podiatrists Market Research Report states that demand for podiatrists will likely benefit from healthcare reform.

    Thanks for giving me more information about the benefits of podiatrists from the healthcare reform. ...

    -- James

  8. Re: Clinical Research Liability

    I am starting a Clinical Research site in Philadelphia and am interested in learning more about a policy...

    -- Takoda Roland

  9. Re: When you might need another one or two medical malpractice insurance policies.

    My colleagues were searching for NC SF 521 several days ago and learned about an online platform that...

    -- pauletta walker