Healthcare

Understanding the Differences Between Standard and Non-Standard Insurance Companies

When it comes to choosing the right insurance coverage, it's essential to understand the distinctions between standard and non-standard insurance companies. This knowledge is particularly crucial for healthcare professionals who need to ensure they are adequately covered in their high-stakes profession. Here, we break down the key differences, benefits, and examples of both types of insurance providers.

Starting a Telehealth Practice in California in 2024

Starting a telehealth practice in one of California’s bustling metro cities can be an exciting and rewarding venture. With the increasing demand for accessible healthcare solutions, telehealth presents an innovative way to reach and serve patients. Here’s a comprehensive guide to help you establish your telehealth practice in California, ensuring compliance with all necessary regulations and maximizing your chances of success.

Cyber Security Guide for Healthcare Professionals

In the healthcare industry, safeguarding sensitive information isn't just a best practice—it's a mandate. From patient records to billing information, healthcare professionals are custodians of a wealth of data that must be protected against cyber threats. This guide aims to provide essential tips and strategies to keep your digital life secure using advanced cyber technology protectors.

Top 5 Reasons Physicians and Healthcare Providers Get Sued

Navigating the complex landscape of healthcare involves numerous legal risks. Understanding the top reasons for lawsuits can help medical professionals and healthcare providers mitigate these risks and enhance patient care.

Why Healthcare Professionals Need Extended Reporting Period Coverage

In the evolving healthcare landscape, maintaining robust liability coverage is crucial. Extended Reporting Period (ERP) coverage, often referred to as "tail coverage," is a vital component for healthcare professionals. This type of coverage ensures continued protection even after your primary insurance policy has ended.

What Medical Malpractice Insurance Covers for Doctors and Physicians: A Comprehensive Guide

That's where medical malpractice insurance comes into play—a vital safeguard that ensures you have the necessary protection against potential risks. In this comprehensive guide, we'll explore the importance of medical malpractice insurance, what it covers, and the potential consequences of not having it.

Understanding the Increase in Medical Professional Liability Insurance Premiums

As a healthcare provider, having medical professional liability insurance is essential to protect you from potential litigation. The coverage provides financial assistance in case of malpractice claims or lawsuits. However, as you continue to renew your policy, you may notice an increase in your insurance premiums

Terms of Extended Reporting Periods, AKA Tail Coverage, to consider in your employment/independent contractor agreements for healthcare providers.

Having employees and/or independent contractors for your healthcare practice is vital to the success of your organization and the essence of providing care to individuals. Often with medical malpractice insurance, you can typically add additional mid-level and advanced-level providers to your policy as a physician or surgeon or even an entity policy.

Maturing Insurance Premiums and What to Expect for Medical Malpractice Insurance

Many clients tend to wonder why their premiums increase yearly over the first five years of having a claims-made insurance policy for professional liability insurance. I believe it is the duty of the agent who is servicing you to disclose to you the ramifications of claims-made policies written for professional liability insurance, specifically medical malpractice insurance.

How Technology Can Enhance Your Healthcare Organization’s Online Presence

Technology has become an integral part of our lives. We use it for entertainment, communication, and work. Technology can also be used to help enhance your healthcare organization's online presence. In this blog post, we will discuss how technology tools such as Calendly, Zoom, Jasper, Otter, and Mailchimp can improve your online presence and awareness.

How to Improve Accountability for Lost or Missing Patient Property

When it comes to Lost & Found items, many organizations struggle with how best to manage the process and ensure accountability among different departments. In this blog post, we'll explore three different ways to improve accountability for lost or missing patient property.

Opportunities of becoming a Medical Director and the business behind it

Physicians and surgeons have many opportunities to utilize their licenses and education in the healthcare space. Doctors have the opportunity to work hands-on in their specialty, the faculty in an educational setting as an attending physician, or even as a medical director providing administrative and or supervisory duties to mid-level and advanced-level practitioners.

The Basics of Medical Malpractice Insurance in 2023

Medical malpractice insurance, also known as medical professional liability insurance, protects healthcare professionals from being sued for damages if they are accused of negligent medical care. The insurance covers the cost of defending the lawsuit and any damages that may be awarded to the patient.

How to Get Higher Cyber Limits When You Need Them the Most

If there's any term that strikes fear in the hearts of risk managers and many brokers alike, it's cyber. Not only is the landscape of cyber risk evolving and changing by the day, but comprehensive coverage against cyberattacks, ransomware, and other threats has gone from a nice-to-have add-on to a foundational part of enterprise risk management.