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.
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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.
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