From the monthly archives: May 2012

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

Employment Practices Liability Insurance

Employment practices liability (EPL) insurance is an increasingly popular  type of coverage that protects businesses from the financial consequences associated with employment-related lawsuits. EPL may cover lawsuits involving a company's directors and officers, it can also protect against charges of racial or age discrimination, sexual harassment, wrongful termination, or noncompliance with the Americans with Disabilities Act. The Doctors Insurance Agency in Northern California has been studying this market for ten years;  we are proud of the expertise that we have developed in this area and the competitive, comprehensive insurance solutions that we have available to us. Employment Practices Liability insurance can help protect businesses against legal conflicts that flare up between employees and third parties, such as vendors or customers or payers.  This third party employment practices liability coverage is important when Anesthesiologists or Emergency Physicians are spending increasingly ...
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Anesthesiologists asked to respond to emergency call…

Often, Anesthesia Groups are asked to provide emergency call to the local hospital. The problem is well known, what about the situation where an Anesthesiologist is working on a complicated surgery that requires all of the attention of the Anesthesiologist, and, then, there is a trauma case that is brought in to the hospital; there is no one available. A specialist in patient safety from The Doctors’ Company recently addressed this risk  management questions: She says, if the on-call anesthesiologist is involved in a surgical procedure and another “emergent” patient presented to the hospital and no other members of the group are available to help out, there is some  liability risk to the group. The risk to the anesthesiologist currently involved in a surgical case of leaving the patient is abandonment of the patient he/she has anesthetized. That is a very real liability risk. So what this situation involves is a common challenge: First, that the group/community/hospital is not ...
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The long life (and low payment) of a Medical Malpractice Lawsuit.

According to John Gever, Editor of MedPage Today, plaintiffs just aren’t winning that many lawsuits against physicians. It is widely reported amongst the main medical malpractice insurance companies in the country that most  Malpractice Cases settle in favor of the physician. In fact, only 4.5 % of the claims foiled ever to a jury verdict. And, of the claims that do go to a jury, the great majority (approximately 80 % ) settle in favor of the physician, MedPage analyzed more than 10,000 closed claims from around the United States and proved that over 50 % of the claims filed in court settled, most in favor of the physicians, early dismissals or nominal expenses paid. Most malpractice cases do drag on however,  they just don’t ‘go away’ and, if you are with a company that is quoting you inexpensive premiums to attract your business, downplaying the importance of the complicated and detailed process of paying claims, stop, read, ask questions and pay attention. There is a r ...
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Hospitals may limit their policies, to cover just the Hospital. Physicians’ better choice: Keep your malpractice policy!

Malpractice Insurance Carriers, Companies will change some of the language in their insurance contracts governing claims against Hospitals.  These bundle of claims (bundling nurses, surgery centers, the hospital itself, the physicians, and other entities within the hospital care system) have driven up the ‘per claim’  settlement or demand, and these high costs of claims comes at a time when the hospitals are boldly handling a lot of this insurance themselves,  many of them carry high, $ 3 Million and up, limit the impact and effectiveness off actual insurance policies, the transfer of risk vehicle used by so many to protect their finances.  Suddenly, these hospitals find themselves cutting right through their layer of self insurance, reaching the hospitals ‘insurance policy (re insurance policy) much later. As Hospitals realize that this is a very costly way to do business, they will do two things;  they will reduce, somehow limit the hospitals insurance, possibly ...
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Employment Practices Liability Claims are on the rise.

In an article posted in their online Newsletter recently, Anreini and Company (an employee benefits and risk management firm) wrote that almost 75 % of all legal issues against companies, whether it is a manufacturing, importing, retail or healthcare company, involves employee disputes.  Based on recent data, it appears that taking a good look, spending some time studying and understanding employment practices, trends, and risky hot spots (things that are likely to result in a claim) makes a lot of sense for all business owners. And, in our experience of writing insurance effort physicians and healthcare providers is that the professionals are even more at risk because he value that they bring to the company is their own personal mastery.  In other words, professionals and skilled craftspeople who build a business around their talent are less likely to spend the necessary time avoiding or understanding the risk. It is a fact that an employer is more likely to have an employment practices liabilit ...
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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