• Discounts Reduce Medical Malpractice Insurance Premium by Thousands!

    i got some great information and saved $900 on my medical malpractice insurance premium.” One of my new clients remarked to me when I inquired about the about the option I gave him to do an online insurance company-sponsored Risk Management CME prior to binding coverage. Most major carriers offer a variety of discounts that can reduce your new or renewal policy premium by as much as 40% Participation in a company sponsored Risk Management Program is just one type of discount–there are many more. Claims-Free, Hospital Affiliation, Specialty Society Membership Affiliation, Board Re-Certification, these are just a few examples of the many discounts available from most of the major insurance companies. How do you find out about these discounts? That’s where your agent comes in. A good agent will negotiate your eligibility for the maximum combination of discounts, within the company’s filed underwriting rules and guidelines. We save most of our clients at least 25%, some as much as 40%. Contact us for a review of your current medical malpractice insurance insurance premium and discounts, contact us today!

  • RIsk Management, Patient Safety & Medical Malpractice Insurance

    In 2002, I attended the annual agents meeting for The Doctors Company in Napa, California.  Prior to this meeting, the main topics for discussion at medical malpractice insurance company agent meetings were Loss Prevention, Risk Management and Claims Trends.  The Doctors Company , always a market leader, introduced a new focus, Patient Safety .  The Doctors Company was the first medical malpractice insurance company to start moving the discussion away from Loss Prevention and Risk Management and to focus on systems and practices promoting patient safety. This approach, by definition, acheives the goals of loss prevention and risk management.  This many years later, the National Patient Saftey Foundation and The Doctors Company are again focusing on patient safety initiatives by marking  Patient Safety Awareness Week.  (PSAW), March 3 to 9, 2013 by providing physicians and other health care providers with the top five tips to promote patient safety.  A press release on The Doctors Company website explains: “PSAW is an annual education and awareness campaign for improving patient safety led by the National Patient Safety Foundation (NPSF). To mark PSAW 2013, The Doctors Company is issuing a downloadable compilation of key patient safety articles, providing infographics on the top five tips to promote patient safety, and announcing an opportunity to earn CME credit with a Webinar about ” The Top Five Risks in the Office Practice” on March 19. Details on these offerings and events can be found at www.thedoctors.com/psaw.”  We encourage our site visitors to take advantage of this great information.