malpractice insurance

It can take awhile to finally land on a malpractice carrier that you really like. And once you’re all setup with them, it’s very comfortable and easy to just renew your policy year over year. And to be honest, there are many reasons why it makes sense to stay with the same carrier for the long-haul. But, there are also some drawback and potential issues with staying with the same malpractice company for a really long time. Today we’re going to talk about the Pros and Cons so that you can decide if it’s time for YOU to possibly make a change.

For the BLOG on this topic, visit: https://aegismalpractice.com/malpractice-insights/should-you-stay-with-the-same-carrier-for-a-long-time-here-are-the-pros-and-cons/

(1:20) Pros and Cons of Staying With Your Carrier

(5:40) Medical Malpractice Shopping Tips

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📞 888.51AEGIS [888.512.3447]

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According to the AMA, 1 in 3 doctors have been sued for medical malpractice. And the data that we see from the insurance carriers shows that number continues to go up, depending on your specialty, where you practice, and how long you’ve been working.  It’s very likely that you will be involved in at least 1 malpractice claim by the time you retire from the practice of medicine.  And if you’ve never been involved in a claim before, it can be a bit of an unknown… perhaps even a little scary and intimidating to think about what it's like to go through a lawsuit. So today, we’re going to talk about what happens after you get sued for medical malpractice… what the claim process actually looks like from the insurance side of things, so that you can be better prepared if and when it happens to you. 

FREE DOWNLOAD: Understanding the Medical Malpractice Claims Process: https://aegismalpractice.com/malpractice-insights/what-happens-after-i-get-sued-for-medical-malpractice/

1:32 The Five Stages of the Malpractice Claim Process
6:04 Three Tips to Protect Yourself

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📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

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Interacting with patients on a daily basis exposes you, your employees, any independent contractors working for you AND the practice itself to professional liability.  And, while it’s pretty well-known that doctors and healthcare providers need to carry malpractice insurance, one of the most common mistakes that we see is forgetting to cover your medical corporation.  But for most start-up practices, cost is a major issue and providers need to make sure they get the coverage they need – without breaking the bank.  

So, what’s the best way to do this? We’ll talk about it today. 

1:15 Who actually needs malpractice coverage in your practice?
2:15 How do you get malpractice insurance for a business entity or corporation?
2:56 Shared limits vs. separate limits

💻 For the BLOG on this episode, visit: https://aegismalpractice.com/malpractice-insights/whats-the-best-way-to-insure-your-medical-practice-for-start-ups/

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

**********Follow us on Social Media**********

Facebook: https://www.facebook.com/AegisMalpractice/

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So, you’re looking at malpractice insurance options and being the smart provider that you are, you’ve got quotes for both Occurrence and Claims-Made policies in front of you.  You like the idea of an Occurrence policy, but the Claims-Made quote is so much cheaper in the first few years. So, why not just start with the Claims-Made policy now and then switch to Occurrence when you’re a little further down the road? Well, CAN you switch – Yes… but there are a few things that you need to be aware of before you make this choice. We’ll talk all about it today.

✔️For the BLOG on this topic, visit: https://aegismalpractice.com/malpractice-insights/can-i-switch-from-claims-made-to-occurrence-coverage/

1:11 The difference between Claims-Made and Occurrence
4:01 Long term cost breakdown
6:10 Switching from Claims-Made to Occurrence

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

**********Follow us on Social Media**********

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If you’re an employed physician, chances are, your malpractice insurance is being provided FOR you. And while this is certainly convenient, there may be limitations in your malpractice policy that you’re not aware of. For this reason, many providers wonder if they should get supplemental malpractice insurance?  

So today, we’re going to talk about why you might want to consider getting additional coverage – and what kind of insurance you should get. Plus, we’ll talk about what supplemental insurance DOES and DOESN’T cover.

1:05 What is supplemental malpractice insurance?
2:30 What supplemental policies DO and DON'T cover
4:06 How much will supplemental insurance cost?
5:21 Should you get Claims-Made or Occurrence coverage for supplemental insurance?
6:29 Example costs
9:17 Let Aegis help!

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

**********Follow us on Social Media**********

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In this episode MedPro Group's claims consultant, Barri Orlow discusses a challenging case involving a patient with sickle cell anemia where the patient did not provide the physician with good information about their health history.

If you’re struggling to find malpractice insurance, your agent might suggest coverage options for you in the non-standard market. But, what exactly does that mean? Well today we’re going to go over the main differences between a standard malpractice insurance policy and a non-standard malpractice insurance policy. We’ll talk about the reasons why a healthcare provider may need to go the non-standard route and give you 5 key things that you need to be aware of BEFORE you accept coverage.

Do you have a question for our mail bag? Ask it here! https://aegismalpractice.com/malpractice-insights-podcast/

RELATED EPISODE: Understanding Consent to Settle https://youtu.be/NJx-nVStEM4

1:03 Standard Market vs. Non-Standard Market
2:33 Why you might need non-standard market coverage
3:48 Five key things to know before you get non-standard coverage

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

**********Follow us on Social Media**********

Facebook: https://www.facebook.com/AegisMalpractice/

Twitter: https://twitter.com/AegisMedMal

Instagram: https://www.instagram.com/aegismalpractice/

Linked In: https://www.linkedin.com/company/aegis-malpractice-solutions/about/

YouTube: https://www.youtube.com/channel/UCyDVJQuU4ihcZl3gcL6L16A

In this episode, MedPro Group's claims consultant Jacqueline Clark discusses an unfortunate case where a dental patient has surgery performed on the wrong side of her jaw to remove cancer.