We are pleased to present below all posts archived in 'December 2018'. If you still can't find what you are looking for, try using the search box.
In a recent article from a national respected insurance broker, I read about the demise of specific and lightly-financed Insurance Solutions for Medical Professional Liability, referred to as risk retention groups.
Full disclosure: we believe there is a place for risk retention groups in the market. Just because one of them does not make it and has to be rescued, or the policy holders have to leave them, it does not mean that all coverage is lost and all claims are exposed, resulting in the insured Physicians losing personal assets. That would only happen in the event of an open and pending claim, or if a new insurance company was unwilling to write retroactive coverage.
Regardless of whether you are an independent aesthetician, a contracted mid level provider, a telemedicine consultant physician or are managing a healthcare facility, the costs of maintaining (and leaving) your medical professional liability insurance policy is a big business challenge (often one of the most significant challenges faced by our clients and policyholders).
Tail Insurance in medical malpractice insurance might be avoided and the premium savings can total into the thousands.
The ongoing ‘real time’ cost of insurance is tough, the state in which you practice can make or break the premium amount. And, the untold story of potentially higher (lasting costs) of medical professional liability insurance is : TAIL. The price you pay to cover you going forward for the services you provided in the past.
There are ways around paying for tail; without a skilled insurance agent, broker or a creative group administrator, you could unnecessarily pay 50 – 75 % more than necessary
Re: Clinical Research Liability
Do you recommend purchasing a tail insurance or a occurrence based insurance and add a tail policy afterwards...
-- Ann Shang
I am talking with a CTO in the US ( I am in US too) to be a contractor doing clinical trials on a part...
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...
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
Re: Functional Medicine Malpractice Insurance
Interested in obtaining information for FM MP
-- Cynthia Shughrue
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...
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
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
Thanks for giving me more information about the benefits of podiatrists from the healthcare reform. ...