From the monthly archives: October 2018

We are pleased to present below all posts archived in 'October 2018'. If you still can't find what you are looking for, try using the search box.

Your Own Lifestyle Medicine Center and You Need to Provide Liability Insurance for other M.D.

If you are joining the many physicians and other healthcare professionals who are starting your own  lifestyle medicine center and you need to provide liability insurance for other MD's or allied providers, The Doctors' Insurance Agency has a medical professional liability policy to fit this full or part time practice.

Whether you  are the founder of a clinic, and you need a policy to cover you, your business, or the non-medical staff; or you  need a part time policy  to cover you (separate from your regular medical group policy), we can help you  find the right policy.  

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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).

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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). 

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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. 

 

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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. 

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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

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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.

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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