It’s a physician’s nightmare: Your carrier’s underwriter won’t renew your medical malpractice insurance because of the number of claims made against you. You must have a new policy quickly to continue practicing, and you think you’ll have to settle for less coverage and exorbitantly higher rates. But MEDPLI has a far better solution. As [...]
Disability Insurance is Paycheck Protection for Doctors Physicians often protect their practices from harm with medical malpractice insurance, but what if you sustain a disabling illness or injury that prevents you from practicing medicine? Disability insurance provides financial protection if you should become unable to work due to an injury or illness. [...]
With people in today’s aging population living longer and staying active, it’s no surprise that over 1 million knee and hip replacements are performed annually. Tie in the growing need for sports medicine and hand surgery specialists, and it’s no wonder that orthopedic surgeons are among the most in-demand and recruited specialists [...]
Demand for anesthesiologists has been growing steadily for the past 7 years, with more than 6,000 specialists needed to fill new positions by 2026. If you are an anesthesiologist planning to change employers soon, or open a private practice, you need to put Extended Reporting Period (ERP) coverage, or medical malpractice “tail” [...]
As a private practice doctor, you may be familiar with audits of your medical records, billing practices, and compliance with healthcare regulations. The Recovery Audit Contractor (RAC) program, established by the Centers for Medicare & Medicaid Services (CMS), is one such audit program that can result in significant financial losses and legal issues [...]
TOOL: Medical Malpractice Payouts by State LAST UPDATED: April 1, 2023 The data is now updated with payout information through 2022. This tool can be used to filter medical malpractice payout data from the National Practitioner Data Bank. It contains data from 2015 through 2022. Use the toggles to [...]
