Decoding the Data: Medical Malpractice Payouts by State

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From analyzing test results to prescribing medications to performing delicate surgical procedures, physicians in all capacities do life-saving work. But practicing medicine doesn’t always go according to plan. And when it goes awry, there’s one thing you can count on: A medical malpractice lawsuit. Where do malpractice allegations happen the most, and which parts of … Read more

How Much Does Malpractice Insurance Cost?

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Regardless of your area of medicine, one thing all physicians worry about is the possibility of a malpractice suit.

It’s bad enough when mistakes happen and things go wrong with a patient in your care.

Being slapped with a malpractice lawsuit can make the experience even more devastating.

And that’s why malpractice insurance coverage is so important.

But what does it cover? How much does it cost? Why is it so crucial to have malpractice coverage?

Keep reading to learn how much malpractice insurance costs and why it’s so important.

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Full Guide to Physicians Malpractice Tail Coverage

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Every doctor knows that malpractice insurance is essential to protect their career. However, few fully understand why malpractice tail coverage is so important.

Even if you plan on staying at your current position until you retire, you cannot fully control every factor that would make that a reality.

For example, you might be in good standing with your healthcare organization. However, the organization itself might be failing financially and go under. Where would that leave you?

Do you still need malpractice tail coverage if your current malpractice policy is about to end and you plan on changing up insurance companies?

These questions and more are going to be answered with this full guide to physicians’ malpractice tail coverage.

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What Private Practices Need to Know About Administrative Malpractice

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Healthcare professionals know all too well that medical mistakes can happen at any time.

For this reason, physicians, nurses, and other medical professionals carry medical malpractice insurance for protection.

Yet, some health care providers don’t realize that malpractice claims often arise from clerical mistakes. These administrative errors can occur before or after the physician/patient interaction (e.g., at the front desk). Still, other mistakes can happen behind the scenes by staff members who may never even lay eyes on the patient.

Litigation from these mistakes may catch you off guard because medical malpractice insurance won’t cover administrative malpractice claims.

If you own a private practice or are a partner in a group practice, here’s what you need to know about administrative malpractice.

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