Medical Malpractice Insurance
What Every Physician Should Know About Malpractice Insurance
by Stuart M. Caplen, MD
Depending on the employment arrangement, a malpractice insurance policy may be owned by the physician, or if the physician is an employee, the employer may be paying for the coverage. There are also hospitals that either partially or fully self-insure their employed physicians. There are two main types of policies a physician can be covered by, claims-made and occurrence. A physician should be aware of the type of policy they have, and the ramifications if they change insurance carriers, jobs, locations, or retire.
Claims-Made Malpractice Insurance
Claims-made insurance provides malpractice coverage only for ...
Other Topics covered in this InBrief include:
Occurrence Malpractice Insurance
Statute of Limitations
Statistics about Malpractice and Malpractice Insurance
Likelihood of a Physician Getting Sued for Malpractice
Malpractice Litigation Outcomes
Conclusion and Summary
Read the conclusion of the Medical Malpractice InBrief.
FibonacciMD.app includes our Library, CME, Compendium, and Annotate.
Not an APP member? Membership info.
#InBrief Medical In Brief
Author’s Note: There are hospitals and medical centers that have a formalized error communication and resolution process which can reduce the litigation and settlement costs of medical errors. If you wish to learn more about this process it is discussed at the link below in the FibonacciMD blog article, The Medical Apology, Is It a Good Idea?, for which AMA PRA Category 1 Credit(s)™ are available.
 Malpractice Insurance: What You Need to Know. J Oncol Pract. 2007;3(5):274-277. Retrieved from: https://www.ncbi.nlm.nih.gov/pmc/articles/PMC2793838/
 Rekieta R. Is your tail covered? Why physicians must consider tail coverage when switching practices. Practicelink. January 11, 2021. Retrieved from: https://magazine.practicelink.com/title=Is-your-tail-covered-Why-physicians-must-consider-tail-coverage-when-switching-practices/category=Physician%20Employment%20contracts/publishedin=Spring%202018
 State-by-State Medical Malpractice Laws and Deadline Requirements. NOLO, 2022. Retrieved from: https://www.nolo.com/legal-encyclopedia/state-state-medical-malpractice-statute-limitations
 WHAT IS THE STATUTE OF LIMITATIONS ON PEDIATRIC MALPRACTICE IN NEW JERSEY? Nagel Rice LLP. 2022. Retrieved from: https://nagelrice.com/medical-malpractice/statute-limitations-pediatric-malpractice-new-jersey/
 New York Medical Malpractice Laws & Statute of Limitations. NOLO 2022. Retrieved from: https://www.alllaw.com/articles/nolo/medical-malpractice/laws-new-york.html
 Guardado JR. New Data Show the Highest Prevalence of Medical Liability Premium Increases in 15 Years. AMA Policy research perspectives. 2021. Retrieved from: https://www.ama-assn.org/system/files/2021-03/prp-mlm-premiums-2020.pdf
 California Medical Malpractice Law. HG.org. 2022. https://www.hg.org/california-medical-malpractice.asp
 Guardado JR. Medical Liability Claim Frequency Among U.S. Physicians. AMA Policy research perspectives. 2017. Retrieved from: https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=&ved=2ahUKEwjTyYH0xb71AhV7rHIEHeDXCHQQFnoECBIQAQ&url=https%3A%2F%2Fwww.ama-assn.org%2Fmedia%2F21976%2Fdownload&usg=AOvVaw0VaKPZ1AF-PnUeFIiJXeV2
 Guardado JR. Medical Professional Liability Insurance Indemnity Payments, Expenses and Claim Disposition, 2006-2015. AMA Policy research perspectives. 2018. Retrieved from: https://www.ama-assn.org/sites/ama-assn.org/files/corp/media-browser/public/government/advocacy/policy-research-perspective-liability-insurance-claim.pdf
IMIT takes pride in its work, and the information published on the IMIT Platform is believed to be accurate and reliable. The IMIT Platform is provided strictly for informational purposes, and IMIT recommends that any medical, diagnostic, or other advice be obtained from a medical professional. Read full disclaimer.