Are you Responding to Rising Malpractice Concerns?
Posted on: November 12, 2015 by Javier iSure
A new study demonstrated that healthcare professionals are less likely to be sued for malpractice as opposed to a decade ago. However, new claims are starting to rear their heads as new developments and concerns arise. To protect your practice and reputation, a Malpractice Insurance Miami program is essential to your success. Let us take a closer look at the common new malpractice claims.
High Deductibles- As medical expenses increase, some patients are required to pay between $1,000 and $6,000 before their insurance coverage takes over the burden. However, these hefty fees might not be feasible for most. As such, doctors can be held liable for patients foregoing treatment due to cost. James Saxton, a malpractice attorney in Pennsylvania, says “Doctors should follow patients to make sure they come in for annual examinations, and they need to tell them when they’re due for preventive tests.”
In addition, he states that doctors must mention alternative treatments whenever possible. Low-cost procedures might be an option at clinics or through pharmaceutical companies, he states.
Team Care- The increase in medical professionals involved in the treatment of a patient can lead to liability concerns for physicians as no one doctor is responsible for each component of the process. In addition to this, doctors are only as strong as their weakest link. Therefore, those who work in groups with obvious weaknesses may end up being liable for their error down the road. In addition to issues regarding diluting the doctor and patient relationship and conflicting treatment views, another threat exists. There is a danger of losing the personal connection, which is how most med-mal claims start, says Kevin Bingham of Deloitte Consulting.
Physician’s Inability to Defend Themselves- Hospital employees, such as physicians, have less control over their defense in a malpractice case than an independent physician would have, according to MedScape. Oftentimes, hospitals purchase malpractice policies for their employed physicians and don’t include a “consent to settle” clause, states the article. Another likely cause for concern: hospitals prefer to settle the dispute outside of court to avoid additional legal fees whereas doctors are more likely to pursue a case to protect their reputation and potentially win the case. In turn, the National Practitioner Data Bank would not permanently tarnish their record.
At iSure Brokers, we understand the constant risks that doctors face on a daily basis. Our comprehensive coverages seek to protect each operation and safeguard your reputation to ensure your success. To learn more, contact us today at (855) 381-6123.