Medical Malpractice Insurance Blog
Medical Malpractice Insurance Blog discusses contemporary medical malpractice insurance issues. The blog will focus on physician, midwife and surgery center malpractice insurance issues, but more often than not, the discussions will be equally relevant to other medical professionals and entities. It is written by Israel Teitelbaum, Attorney at Law and Chairman of Contemporary Insurance Services.
Latest Posts
Standalone Tail Insurance Coverage
For years, physicians and other healthcare professionals cancelling their claims made malpractice insurance policies have been socked with a one-time cancellation charge to assure that there is coverage for lawsuits that are made for services rendered during that policy term that might be made after policy cancellation. The cost of that protection, which is called …
Medical Practice Acquisitions, Mergers and Sales
It has been a decade since we witnessed the last buying frenzy that led many doctors to sell their practices to local hospitals. The last time this happened, physicians received payments for their practices and employment contracts that guaranteed their income for a number of years. Most of those deals fell apart after three to …
Cyber, Regulatory and Licensing Action Insurance
If it wasn’t complicated enough to practice medicine and field a large back office to handle getting paid, physicians, midwives, Physicians Assistants, Nurse Practitioners, other healthcare providers and facilities have entered a whole new world of exposure due to Electronic Medical Records, other internet based activities and heavy intervention by local licensing boards. To meet …
Surplus Lines Malpractice Insurance
Physicians, Midwives and other health care providers are newly finding that they can access a Malpractice Insurance market that previously had been available only to very large groups and to practitioners who could not find coverage because they did procedures that were considered high risk, like bariatric surgery, or had an extensive claims history or …
Medical Malpractice Insurance Coverage for Multispecialty Physician Groups And Single Specialty Group Medical Practices
Over the past decade, we have witnessed growth in the merger of smaller practices into single specialty large group medical practices and multispecialty physician groups. This growth has been fueled by a number of factors including the desire to exercise greater leverage in negotiating with health insurance companies and implementing savings from bulk purchasing and …
You Have Had A Bad Patient Outcome. Do You Report It To Your Malpractice Company Or Not?
With over 40 years since I passed the bar and in 30 years selling Medical Malpractice Insurance, few questions have been as difficult to answer as when it is appropriate to report a bad patient outcome to one’s Medical Professional Liability Insurance company. The question is fraught with legal and practical issues: legal because there …
Medical Malpractice Insurance Demand and Incident Claims Triggers
A medical malpractice insurance policy is a contract. The terms of the contract, what is covered and what is excluded, can vary from company to company and even among different policies issued by the same company. Nothing demonstrates that more clearly than demand and incident triggers. In our last post, we discussed the differences between …
Claims Made Vs. Occurrence Medical Malpractice Insurance Policies
“In the olden days” all Medical Malpractice Insurance policies were “occurrence” policies. Policies were written for a one-year term and covered any claims that arose from treatment during that one-year term even, if at the time the claim was made, the insured was no longer with that company. This ended in the 1970’s because Medical …
Additional Exposure for Medical Directors
Physicians often are Medical Directors of surgery centers, nursing homes, hospital divisions and the like. Sometimes these positions come with a small stipend. Sometimes they are attractive because the title is prestigious. However, with the small stipend and prestige come significant exposures to liabilities that often are not covered by physician medical malpractice insurance policies. …
Welcome to Medical Malpractice Insurance Blog
We are pleased to announce our new blog, discussing contemporary medical malpractice insurance issues. We hope to post articles to this blog monthly or more often as time allows and will consider issues presented by our readers. The blog will focus on physician, midwife and surgery center malpractice insurance issues, but more often than not, …