From the monthly archives: August 2012

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

The Doctors' Company- poised to manage consolidation of physicians

The Doctors’ Company is one of the most balanced medical malpractice insurance companies in the nation. With risks spread over many states and  many specialties The Doctors’ Company has never been better positioned to weather the storm of uncertainly that lies ahead. The declining physician pool will force many insurance companies in the small physician and surgeon segment into strategies  that will see them pushing for new coverage on miscellaneous risks.  The problem is: if an insurance company is not diversified, obtaining risk and premium from outside the state, the company may have to partner with a larger medical malpractice Carriers.  No longer are the physician controlled practices overseen by one or two physicians,  many times corporate entities  and/or businesses watch over these medical practices.  The insurance company that steps in to defend and indemnify needs to specialize, providing premiums that understand and price the risk accordingly.  ...
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Integrated Health Care Delivery Systems' Challenges

There are more than 850 integrated health care delivery systems in the United States today, and they face many unique challenges and loss exposures. In our experience, it makes sense that one insurer would  manage both the hospital and the physician group better than two insurers.  Theoretically, two insurance defense companies could be at ‘odds’ conflicts of interest and different purposes and priorities would define the medical malpractice defense process.   The  integrated group would benefit from one unified defense, the physicians, the allied healthcare and technician staff as well as the hospital admissions, staff and owners would be on the same page. The Doctors’ Company has an active Integrated Delivery System department, with experienced underwriters, dedicated to patient safety representatives bringing specialized services to these models of HCO’s…claims managers dedicated to this type of business model and underwriters closely reviewing the u ...
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Internal Medicine rates:

Expect Internist Rates to lower again.  Medical malpractice insurance rates have been decreasing since 2005; and, in spite of an increase in risk, expected frequency of claims increasing connected to a larger demand, hospitals employing physicians as the gatekeepers, the costs will continue to decrease. Internists, working as hospitalists referring to other hospital specialists will increase their involvement in claims;  there will be a boost in reimbursements by Centers for Medicare and Medicaid Services during 2013 and 2014.  If the Affordable Care Act is sustained, 32 Million o more insureds could be dumped into the U.S. Healthcare system, most of whom will need primary care. There are 158,000 Internists, with a diminishing number of physicians available for the independent market, tough competition from medical malpractice insurance companies will unrealistically hold premiums down.  The fact is: hospitals and large, closed panel health care organizations are working hard to control ...
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Urgent Care, Fast, efficient healthcare, Long lasting, affordable medical malpractice insurance.

When shopping for a medical malpractice insurance company to cover your (or your bosses’) urgent care center, it is important to work with an agent and a carrier that can grow with you. Indeed, a company that can fuel your growth by structuring a policy that supports you financially. Medical Malpractice Insurance for Urgent Care and Hospitalist Groups should be not only your risk transfer partner, taking on the responsibility to defend and coach to build and assist you in administering your group. I’ve been an insurance agent for 24 years, just in the medical malpractice insurance niche, focusing just on this challenge:  How can we work with our insurance clients to partner and plan and help them defend, learn about claims. Additionally, how can we put together a plan that protects you, introduces you to a staff of patient safety experts and prices the coming (recruiting) and going (tail exposure) in a way that makes it an even playing field between your private group and those of the &lsquo ...
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Medical Malpractice Insurance for Physician Assistants is increasingly affordable, available and commonly purchased.

As our country continues to adjust, analyze and decide what is going to happen with the ‘situation’ of healthcare, one constant statistic comes through the numbers.  We need to provide more qualified healthcare providers as soon as possible:  no matter what the decision, no mater how we are going to provide care for the 32 Million who need healthcare,  we have learned that there is a shortage of physicians.  The use of allied healthcare providers will be part of the answer to providing care.  The message to young and old college students is to consider nursing, medical assistant, lab tech, pathology assistant or physician assistant at some point during your education. The number of employed PA’s in the United States is projected to increase by 39 percent by the year 2018, making this a great time to be a Physician Assistant. This increase is being driven by three major factors: Growing population; a shortage of primary care physicians and efficiency improvements m ...
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Larger, multi state Medical Malpractice Insurance Carriers have advantage

The Doctors Company has been working for years to expand into other states so that they could provide this important benefit for physicians in every state.  Now, working hard to continue this trend, partnering with specialty societies like Plastic Surgery, Otolaryngology, Internal Medicine and Neurology has paid off in the form of a risk portfolio positioning the company well for the continued consolidation of physicians into medical groups.  The Doctors Company not only has a developed and competitive, mature and complete medical group malpractice insurance policy, it also insures over 300 facilities in the United States. It may just be that your medical facility can cover you as an M.D. as well as all of your employees.  There are, ironically, at this time, also many small, single state insurers, risk retention groups, trying to add insured exposures.  These companies are going to face some tough decisions.  Competition from out of state Carriers and a trend toward facility, hospi ...
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Emergency Doctors In Demand

In the midst of figuring out whether we will implement Healthcare reform, what it will look like, who and how and what amounts of reimbursements will support the services provided by our physicians, One challenge remains, people need healthcare.  Because people have dropped their healthcare due to economic cut backs. More and more patients in desperate need of care are presenting in the Emergency Departments across America.  And, as in all issues in the medical malpractice insurance world, where the money is, so goes the claims, the policies and the premium. Once the periphery of the medical malpractice insurance niche,  the stuff of joint underwriting authorities and risk retention groups, now the standard carriers, like The Doctors Company have figured out how to present these polices, how to rate them, price them and even provide for tail insurance.  Hospital employment of Emergency doctors continues at a fast pace as the number of visits remains at an all time high.  The Doctors ...
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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?

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    -- Re: Who Can Perform Liposuction Surgery?

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  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