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 [...]
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 [...]
An independent malpractice broker like MEDPLI can help you find the best liability insurance from the top medical malpractice insurance companies. Here are the leading carriers for 2023 with A.M. Best ratings, plus tips for how to choose the right insurer. No. Company A.M. Best Rating Category 1 The Doctors Company [...]
In early 2023, Iowa’s Governor Kim Reynolds is expected to sign into law historic tort reforms that will impose an increase on caps for non-economic medical malpractice damages. Despite bi-partisan opposition, the Iowa House and Senate passed House File 161 on February 8, 2023, which caps the monetary amount at $1 million that [...]
The waiting room is full on a Monday morning at a rural Midwest practice of a primary care physician with a specialty in geriatric medicine. It is the only independent clinic in a small town located 40 miles from the nearest hospital, so residents of all ages depend on the doctor and her [...]
There’s a lot to think about when choosing the right type of medical malpractice insurance for your practice – depth of coverage, your specialty, your risk of being sued, and history of prior claims to name a few. Add to that list the annual premium cost and how it will affect your operating [...]
There is rarely a typical day in an otolaryngology practice. Ear, nose, and throat (ENT) surgeons treat a wide variety of medical issues for patients ranging from children to the elderly and all ages in between. An ENT surgeon may perform a routine myringotomy or “ear tube surgery” on a toddler in the [...]
With the recent passing of Assembly Bill 35 (AB35) to modify California’s Medical Injury Compensation Reform Act (MICRA), the Golden State’s physicians and surgeons will experience the first cap adjustments for non-economic medical malpractice damages since 1975. These unprecedented cap increases – and the inevitable rise in medical malpractice insurance rates – combine [...]
Unlicensed “chop shops” and unqualified providers give good plastic surgeons a bad name - especially when it comes to malpractice lawsuits. It's unsurprising, then, that the effects of the under-regulated plastic surgery industry can greatly impact an upstanding doctor’s professional practice. Every surgery comes with risks, but the Brazilian Butt Lift [...]
MEDPLI was quoted in an article about claims-made vs. occurrence malpractice insurance in White Coat Investor, “the most widely-read, physician-specific personal finance and investing website in the world”.The article, which features a comparison of claims-made vs. occurrence malpractice insurance, reviews what each option means, the malpractice limits associated with each choice, and when each [...]
