As a service to our clients and all physicians nation-wide, Diederich Healthcare has done an analysis of the medical malpractice payouts in 2021 as recorded by the National Practitioner Data Bank. Taking the data from the NPDB’s records, statistics were selected that will be both interesting and timely to doctors and all other medical professionals. Diederich Healthcare is a medical malpractice insurance agency serving clients nation-wide – to obtain a quote and see what you could…
As a service to our clients and all physicians nation-wide, Diederich Healthcare has done an analysis of the medical malpractice payouts in 2019 as recorded by the National Practitioner Data Bank. Taking the data from the NPDB’s records, statistics were selected that will be both interesting and timely to doctors and all other medical professionals. Diederich Healthcare is a medical malpractice insurance agency serving clients nation-wide – to obtain a quote and see what you could…
At the request of the Texas Commissioner of Insurance, the State of Texas filed an Application for Order Appointing Rehabilitator and Request for Injunctive Relief which was heard by the Court on February 11, 2019. The Application requests an order placing Capson Physicians Insurance Company into rehabilitation pursuant to TEX.INS.CODE Chapter §443.008, restraining Capson and its agents from conducting its business, and restraining other parties from taking any actions against Capson or its property in…
The Doctors Company (TDC), the largest physician-owned malpractice insurance carrier, was approved to start offering coverage on an admitted basis to New York physicians and healthcare providers. This is an encouraging development for New York physicians, who traditionally have had only a few admitted carriers available in the state to choose from. Because of the lack of admitted options, recently many New York physicians and practices have considered coverage with Risk Retention Groups (RRG). This…
As a service to our clients and all physicians nation-wide, Diederich Healthcare has done an analysis of the medical malpractice payouts in 2017 as recorded by the National Practitioner Data Bank. Taking the data from the NPDB’s records, statistics were selected that will be both interesting and timely to doctors and all other medical professionals. Diederich Healthcare is a medical malpractice insurance agency serving clients nation-wide – to obtain a quote and see what you could…
As a service to our clients and all physicians nation-wide, Diederich Healthcare has done an analysis of the medical malpractice payouts in 2016 as recorded by the National Practitioner Data Bank. Taking the data from the NPDB’s records, statistics were selected that will be both interesting and timely to doctors and all other medical professionals. 2016 marked the first time that malpractice payout amounts declined since 2012, ending a three-year climb. Diederich Healthcare is a medical…
Diederich Healthcare, a division of Diederich Insurance Agency, LLC; has released their 2016 medical malpractice payout analysis, and the data shows that malpractice payouts increased for the third consecutive year in 2015. Last year, payouts across the United States totaled $3.95 billion, an increase of 1.68% from 2014. New York remained at the top as the state with the highest medical malpractice payout total, a place that the state has held all five years that…
As a service to our clients and all physicians nation-wide, Diederich Healthcare has done an analysis of the medical malpractice payouts in 2015 as recorded by the National Practitioner Data Bank. Taking the data from the NPDB’s records, statistics were selected that will be both interesting and timely to doctors and all other medical professionals. 2015 marked the third consecutive year that malpractice payout amounts rose, continuing the trend of increasing payout amounts. Diederich Healthcare is a…
The insurance market changes just as the needs of clients change. Several years ago, if a physician wanted to leave a group or close a practice and join another group, he would have very few options. His current claims-made policy would be cancelled and his incumbent insurance company would have to offer an extended reporting period, otherwise known as a “tail policy.” If his current policy had an annual cost of $20,000, the tail policy would range…
One of the biggest changes taking place in the world of healthcare is the transition from paper records to Electronic Health Records (EHR). According to the Centers for Medicare and Medicaid Services, more than $21 billion in incentive payments were made to healthcare providers between 2011 and 2015 for EHR implementation through the government’s Meaningful Use (MU) initiative. (1) The program was created to spur the adoption of health technology nationwide, and a late 2015…
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