A trend that started a couple of years ago continues to catch on in the medical malpractice insurance community. Several medical professional liability insurance companies have been adding on extra coverages for physicians in order to entice them to stay with their current company and also attract new physicians. One of the most popular endorsements added to these policies in recent years has been Cyber Liability Coverage. The great thing about this additional coverage is…
New York physicians, unless they have been on sabbatical, are aware of the rate increases from the admitted carriers writing malpractice insurance coverage in New York. With a few deviances for some specialties, the New York admitted carriers, such as Physicians’ Reciprocal Insurers and Medical Liability Mutual Insurance Company, increased their rates approximately 4% effective July 1, 2012. This does not come as a big surprise to most. Also, this increase most likely is not…
Although a lot of information on the World Wide Web is very inaccurate; patients, physicians, office managers and administrators can find helpful information with a few clicks of the mouse. There are three, state sponsored websites that can provide a tremendous about of information. For patients, the experience and claims history of a physician is something one should know before going in for surgery. For an office manager, the same information is good to know…
Most physicians assume that their exposure as Medical Director at a nursing home is covered under their standard Medical Professional Liability Insurance policy or under the Nursing Home’s Liability policy. The truth is that most Med-Mal policies specifically EXCLUDE any Medical Director responsibilities, whether the physician has direct patient contact or not. A physician’s medical liability policy will, most likely, cover clinical issues related to the direct care of the physician’s patients while they are…
If you have ever had to purchase tail coverage for your medical malpractice insurance policy, you know how expensive and limited your options are. Tail can be very costly, usually double the expiring premium with your incumbent carrier. Now there are options for tail coverage outside of your incumbent carrier! In response to a growing need and interest in competitive tail coverage, Diederich Healthcare can provide stand-alone tail coverage that can save you significantly in…
Naturally, the practice of emergency medicine comes with higher risks than most specialties since most of the patients are being treated for emergency medical needs that can be serious or life-threatening. Due to the high-risk nature of emergency medicine, the cost of medical malpractice coverage for emergency medicine physicians can be high. In response to rising Emergency Medicine costs, many medical malpractice insurance carriers have introduced new programs developed for the unique needs of Emergency…
As a service to our clients and all physicians nation-wide, Diederich Healthcare has done an analysis of the medical malpractice payouts in 2011 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. The data represented in this particular infographic is for the Northeastern United States. To view the infographic depicting the entire…
Diederich Healthcare, a division of Diederich Insurance Agency, LLC, a leading provider of medical professional liability insurance has announced that the agency has obtained access to a new Individual Medical Professional Liability Protection Plan designed specifically for Physician Assistants (PAs) nationwide. Although physician assistants may be covered under the employer’s policy, personal risk for negligence attributed to the physician assistant in a malpractice lawsuit still exists. Diederich Healthcare recommends that physician assistants consider obtaining their own professional…
Diederich Healthcare is pleased to introduce the first medical malpractice insurance program exclusively developed for the unique insurance needs of Obstetricians and Gynecologists and is now available in Illinois. OB-GYN Risk Alliance, a risk purchasing group, is governed by practicing OB-GYNs across the United States who understand the unique issues and needs of OB-GYNs. The OB-GYN Risk Alliance program’s medical malpractice insurance coverage is exclusive to OB-GYNs only and is offered in many states including…
As a service to our clients and all physicians nation-wide, Diederich Healthcare has done an analysis of the medical malpractice payouts in 2011 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. The data represented in this particular infographic is for the Southeastern United States. To view the infographic depicting the entire…
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