In today's digital era, the healthcare industry has embraced electronic health records (EHRs) as a means to streamline patient care and improve efficiency.

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.

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

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.

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.

Understanding how an agency works for you may be critical in your deciding factors as to whether or not they are a good fit for you when searching for Medical Malpractice insurance or any other type of commercial insurance for your healthcare practice.

Cyber liability is the legal responsibility businesses and individuals can be held accountable for, for damages caused by data breaches and cyber-attacks. This can include expenses like credit monitoring, identity theft protection, and legal fees. It can also cover lost income if customers stop doing business with you because their personal information was compromised in a data breach.

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.

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.

Starting this year, I, Stephen Lim, CFO & Owner of California Attending Physicians Insurance Agency (CAPIA), will be releasing an annual message addressing our current clients and prospective clients, the state of the insurance marketplace, the state of our agency, and the future plans we have for our company and our clients

Since 1975, MICRA (Medical Injury Compensation Reform Act) has been used to try and stabilize access to healthcare in California by reducing medical injury-related claims and stabilizing premiums for medical professional liability policies.

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.

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.

As 2021 comes to a close, I wanted to provide you with a healthcare professional liability (HPL) forecast for the medical services industry. The HPL space has been in a firming trend for nearly two years now, and that trend will continue. The next six to twelve months will be challenging, and Ethos is ready for it.

Practices have been allowed by most major malpractice insurance carriers to be more telemedicine-based until the COVID-19 pandemic ends. These carriers have adjusted their internal underwriting guidelines to allow telemedicine services as long as they are related to COVID-19.

As the COVID-19 pandemic spreads throughout the world, the level of uncertainty is constantly increasing. And while there is much to consider for medical practices, one particular area that requires extra attention during this time is the welfare of your staff and your patients. In a time of crisis like this, it’s important to remember and recognize the basic mission that the practice was created upon: To keep people healthy. This is one of the important things to keep in mind as you make any upcoming decisions.

Medical Malpractice Insurance covers physicians’ and healthcare professionals’ liability arising from disputed services that result in a patient's injury or death. Searching for Medical Malpractice Insurance in 2020 can sometimes be challenging but finding the right broker or agent is paramount in the proper mitigation of your practice’s liabilities. Here are some key points about your medical malpractice insurance quotes that your agent should tell you.

Choosing the right malpractice coverage is crucial for all physicians, but especially so if you are starting a private practice.

Physicians and healthcare professionals such as Nurse Practitioners and Physicians Assistants may have recently been required to pivot from the routine in-office care that was the norm due to the COVID-19 pandemic.

In light of the COVID-19 pandemic, many physician practices are trying to figure out how to handle their contracts with their employed physician(s) and staff. Not all practices have been required to close but many have canceled or postponed elective procedures and non-emergency visits. Even those who are still continuing to practice and offer patient services are experiencing considerable reductions in the number of patient visits and revenue.

Physicians and healthcare professionals who are required to carry medical malpractice insurance can obtain coverage in various ways with specific ramifications for each decision.

As we continue the fight against the spread of infection of COVID19, telehealth visits are becoming an increasingly indispensable tool. Physicians are able to treat more patients without having to sacrifice the quality of care while also reducing the risk of spreading communicable diseases like COVID19. Additional benefits of using telemedicine services include providing patients with easier access to care, providing efficiencies as well as flexibility in schedules.

Policy forms include the claims-made, occurrence, and claims-made convertible. Typically, most policies are an occurrence made policy. However, due to a large number of claims and inflation of premiums in history, the insurance market created a policy form to reduce the burden of risk but also reduce premiums, which is the claims-made policy form. There are some caveats to be aware of which will be laid out in this blog with a healthcare-focus.