Malpractice Insights

"How should I cover my nurse practitioner and other ancillary providers?"

Thu, 28 Mar 2024 08:00:00 -0400

The legal landscape for healthcare is changing in the United States and the risk for advanced practitioners is increasing more and more. And as the scope of practice for Nurse Practitioners, Physician Assistants, CRNAs, and other providers continues to expand, the liability grows, as well.

So, if you’re an NP, PA, CRNA, RN, Aesthetician, or any other type of ancillary provider, what’s the best way to be covered for malpractice insurance? Should you carry your own policy or accept the insurance being provided by your employer? And what if you’re self-employed doing 1099 or locums work?

Today we’ll address these questions and more to help you understand malpractice insurance for advanced practitioners.

(1:21) Options for covering advanced practitioners and ancillary healthcare providers

(7:27) How to decide which option is right for you

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

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Tail Insurance vs. Prior Acts Coverage: What's the Difference?

Wed, 13 Mar 2024 08:00:00 -0400

When it comes to malpractice insurance, one of the most critical times for doctors is when they’re looking to CANCEL their insurance to make a significant change… perhaps you’re leaving your current employer and moving to a new group, or maybe your premium has been going up and you want to move to a new insurance carrier, or you just want to switch to a different type of coverage to better meet the needs of your growing practice.

Well, no matter the reason, when you’re getting ready make the switch you have some decisions to make – are you going to buy tail insurance? Or are you going to carry forward your prior acts?

Wait a minute… you may be thinking… I don’t even know what those things are. Well, today we’re going to talk about Tail Insurance vs. Prior Acts…. What’s the difference between the two and when does it make sense to go one direction vs. the other?

(1:19) Tail Insurance

(3:28) Prior Acts Coverage

(5:16) Prior Acts Costs

(6:27) Four Reasons Doctors Might Have to Get Tail Insurance

Malpractice Insights Mail Bag: A Six-Figure Tail Insurance Bill???

Wed, 29 Nov 2023 08:00:00 -0500

Today we’re continuing our Mail Bag segment with some more “real life” scenarios to talk through. We’re going to talk about making an agent change
– when it is and isn’t necessary, growing a practice and hiring more doctors when you’re in the E&S market, and dealing with a six-figure tail bill.

(0:54) How hard is it to just change an agent?

(4:38) Growing your practice in the E&S market

(7:25) Navigating a six-figure tail insurance bill

Should You Stay with the Same Carrier for a Long time? Here are the Pros and Cons!

Wed, 22 Nov 2023 08:00:00 -0500

It can take awhile to finally land on a malpractice carrier that you really like. And once you’re all setup with them, it’s very comfortable and easy to just renew your policy year over year. And to be honest, there are many reasons why it makes sense to stay with the same carrier for the long-haul. But, there are also some drawback and potential issues with staying with the same malpractice company for a really long time. Today we’re going to talk about the Pros and Cons so that you can decide if it’s time for YOU to possibly make a change.

For the BLOG on this topic, visit: https://aegismalpractice.com/malpractice-insights/should-you-stay-with-the-same-carrier-for-a-long-time-here-are-the-pros-and-cons/

(1:20) Pros and Cons of Staying With Your Carrier

(5:40) Medical Malpractice Shopping Tips

One Point of Contact for ALL your Insurance Needs? Five Reasons Why It's a BAD Idea!

Wed, 15 Nov 2023 08:00:00 -0500

What Happens If I Get Sued???

Wed, 08 Nov 2023 08:00:00 -0500

According to the AMA, 1 in 3 doctors have been sued for medical malpractice. And the data that we see from the insurance carriers shows that number continues to go up, depending on your specialty, where you practice, and how long you’ve been working. It’s very likely that you will be involved in at least 1 malpractice claim by the time you retire from the practice of medicine. And if you’ve never been involved in a claim before, it can be a bit of an unknown… perhaps even a little scary and intimidating to think about what it's like to go through a lawsuit. So today, we’re going to talk about what happens after you get sued for medical malpractice… what the claim process actually looks like from the insurance side of things, so that you can be better prepared if and when it happens to you.

FREE DOWNLOAD: Understanding the Medical Malpractice Claims Process: https://aegismalpractice.com/malpractice-insights/what-happens-after-i-get-sued-for-medical-malpractice/

1:32 The Five Stages of the Malpractice Claim Process
6:04 Three Tips to Protect Yourself

Mail Bag: Medmal in a RUSH, Timing Your Credentialing, Structuring Locum Tenens

Wed, 01 Nov 2023 08:00:00 -0400

Today we’re continuing our Mail Bag segment with some more “real life” scenarios to talk through. We’re going to talk about RUSH malpractice insurance (like you need it in a few days), getting credentialed way before you actually plan on opening your practice, and how best to structure locums coverage.

0:53 Medmal in a Rush
4:48 Timing Your Credentialing
8:18 Structuring Locum Tenens

"I'm a Medical Student. Do I ACTUALLY Need Malpractice Insurance?"

Wed, 25 Oct 2023 08:00:00 -0400

If you’re just getting started in your medical training, you might be wondering how malpractice insurance works for medical school, your internship, residency or fellowship. So, today we’re going to talk about the things you need to know going into these programs, whether or not supplemental insurance is something you should consider, and what to expect when you finish your training and get started in the real world of medicine.

For the BLOG on this topic, visit: https://aegismalpractice.com/malpractice-insights/im-a-med-student-do-i-actually-need-malpractice-insurance/

Related Episodes:

💻Malpractice Insurance for Fellows: https://youtu.be/qCmvrDvY5ec

💻Claims-Made vs. Occurrence Explained in FIVE Minutes: https://youtu.be/zcDaZ7bx3k4

💻A Crash Course on Buying Your Own Malpractice Insurance: https://youtu.be/iM3hmsUkhss

1:10 Medmal for med students
2:22 Medmal for fellows
3:57 Moonlighting

Limited or Unlimited Tail? Which Should I Choose???

Wed, 18 Oct 2023 08:00:00 -0400

So, you’ve cancelled your Claims-Made malpractice insurance policy and now, your carrier has given you a tail quote – but it looks like there are multiple options? And the price is significantly different, depending on which option you choose. Well, the reason for the different tail prices is that the coverage is different. You likely have an option for an unlimited tail and a few options for limited tails. So, what’s the difference? And how do you know which one to pick?

💻 For the BLOG on this episode, visit: https://aegismalpractice.com/malpractice-insights/should-i-buy-a-limited-or-unlimited-tail/

Related Episode: How to Negotiate Tail Insurance https://youtu.be/q-tQe_ofRWI?si=4j0whjuEaF8HAEVS

1:14 Tail Insurance Review
3:30 Explaining Unlimited Tail
4:39 Explaining Limited Tail
5:58 Statute of Limitations
6:48 Comparing Costs

The BEST Way to Get Entity Coverage for Your Start-Up

Wed, 04 Oct 2023 08:00:00 -0400

Interacting with patients on a daily basis exposes you, your employees, any independent contractors working for you AND the practice itself to professional liability. And, while it’s pretty well-known that doctors and healthcare providers need to carry malpractice insurance, one of the most common mistakes that we see is forgetting to cover your medical corporation. But for most start-up practices, cost is a major issue and providers need to make sure they get the coverage they need – without breaking the bank.

So, what’s the best way to do this? We’ll talk about it today.

1:15 Who actually needs malpractice coverage in your practice?
2:15 How do you get malpractice insurance for a business entity or corporation?
2:56 Shared limits vs. separate limits

💻 For the BLOG on this episode, visit: https://aegismalpractice.com/malpractice-insights/whats-the-best-way-to-insure-your-medical-practice-for-start-ups/

Mail Bag: Unexpected rate increases and coverage a new practice on a budget

Wed, 27 Sep 2023 08:00:00 -0400

Today we’re continuing our Mail Bag segment with some more “real life” scenarios to talk through. We’re going to talk about rate increases on a Claims-Made policy, the best coverage options for medical director coverage, and how to setup malpractice insurance in a cost-effective way for a brand-new practice on a budget.

0:58 Unexpected rate increases
4:55 Coverage for medical directors
8:44 Budget friendly tips on covering a new practice

Can I Switch from Claims-Made to Occurrence Coverage?

Wed, 20 Sep 2023 08:00:00 -0400

So, you’re looking at malpractice insurance options and being the smart provider that you are, you’ve got quotes for both Occurrence and Claims-Made policies in front of you. You like the idea of an Occurrence policy, but the Claims-Made quote is so much cheaper in the first few years. So, why not just start with the Claims-Made policy now and then switch to Occurrence when you’re a little further down the road? Well, CAN you switch – Yes… but there are a few things that you need to be aware of before you make this choice. We’ll talk all about it today.

✔️For the BLOG on this topic, visit: https://aegismalpractice.com/malpractice-insights/can-i-switch-from-claims-made-to-occurrence-coverage/

1:11 The difference between Claims-Made and Occurrence
4:01 Long term cost breakdown
6:10 Switching from Claims-Made to Occurrence

Supplemental Malpractice Insurance: How to Tell if You NEED it!

Wed, 06 Sep 2023 08:00:00 -0400

If you’re an employed physician, chances are, your malpractice insurance is being provided FOR you. And while this is certainly convenient, there may be limitations in your malpractice policy that you’re not aware of. For this reason, many providers wonder if they should get supplemental malpractice insurance?

So today, we’re going to talk about why you might want to consider getting additional coverage – and what kind of insurance you should get. Plus, we’ll talk about what supplemental insurance DOES and DOESN’T cover.

1:05 What is supplemental malpractice insurance?
2:30 What supplemental policies DO and DON'T cover
4:06 How much will supplemental insurance cost?
5:21 Should you get Claims-Made or Occurrence coverage for supplemental insurance?
6:29 Example costs
9:17 Let Aegis help!

Non-Standard Malpractice Policies: What to know before you accept coverage!

Wed, 23 Aug 2023 08:00:00 -0400

If you’re struggling to find malpractice insurance, your agent might suggest coverage options for you in the non-standard market. But, what exactly does that mean? Well today we’re going to go over the main differences between a standard malpractice insurance policy and a non-standard malpractice insurance policy. We’ll talk about the reasons why a healthcare provider may need to go the non-standard route and give you 5 key things that you need to be aware of BEFORE you accept coverage.

Do you have a question for our mail bag? Ask it here! https://aegismalpractice.com/malpractice-insights-podcast/

RELATED EPISODE: Understanding Consent to Settle https://youtu.be/NJx-nVStEM4

1:03 Standard Market vs. Non-Standard Market
2:33 Why you might need non-standard market coverage
3:48 Five key things to know before you get non-standard coverage

Mail Bag: Medmal AFTER being Bare, Consent to Settle, Onboarding and Offboarding

Wed, 09 Aug 2023 08:00:00 -0400

Today we’re continuing our Mail Bag segment with some more “real life” scenarios to talk through. We’re going to talk about coverage provided by a contracted entity, advice for practice administrators on onboarding and offboarding providers, and buying malpractice insurance again after being bare.

0:48 Tail insurance and consent to settle
5:20 Advice for onboarding and offboarding
9:06 Malpractice insurance after being bare

How to Reduce Your Malpractice Insurance Premium

Wed, 02 Aug 2023 08:00:00 -0400

Malpractice insurance premiums can be pricey. In fact, they’re one of the top expenses for a medical practice today. This is why we’re so adamant that providers shop around, compare their options thoughtfully, and work with a knowledgeable agent who can keep their eyes on the market to ensure you’re always getting the best coverage at the best price.

But once you’ve been given your quote for coverage, is that it? How negotiable is your price?

Well, today we’re going to talk specifically about how to reduce your malpractice insurance premiums. In this highly complex world of medical malpractice, there are some levers that you CAN pull and others that you CAN’T.

1:19 Factors that Affect Your Premium
4:00 Discretionary and Non-discretionary Credits
10:08 Common Pitfalls When Shopping for Insurance

The BEST Way to Keep Track of Your Medmal Policy History!

Wed, 26 Jul 2023 08:00:00 -0400

A malpractice claim comes in for a patient that you treated on April 1, 2019. Wait a minute… where was I even working back then? And who did I have for my malpractice insurance at that time? Well, if you haven’t been keeping good records of your prior work history and your medmal coverage over the years, this situation can quickly turn frantic as you search your files to see who you should be contacting for help.

Today, we’re here to help you get your malpractice files in order by giving you tips on how to keep track of your coverage history so that you can easily see who you were insured with and when.

RESOURCE: The National Practitioner Data Bank https://www.npdb.hrsa.gov/pract/selfQueryBasics.jsp

1:14 Employment Contract
2:52 Certificate of Insurance
4:37 Tail Endorsement
5:47 Claim History / Loss Runs
7:07 Claim Activity Documents
7:46 Contact Information

Claims-Made Step Factors: Why are my malpractice premiums INCREASING?!

Wed, 19 Jul 2023 08:00:00 -0400

When it comes to Claims-Made malpractice insurance, there are some nuisances with this policy type that can make it a bit more complicated to understand. One of the most distinctive characteristics of this type of coverage is how it starts at a low premium and then increases in price every year for 5 years. And if you weren’t made aware of this when you first BOUGHT the policy, it can be incredibly frustrating to see your rate go up year over year.

But, why does it do that? And what can you do to make sure you don’t get caught off guard with this in your policy? Well, today we’re going to talk all about Claims-Made step factors… what they are, how the underwriter prices them, and how you can be one step ahead when it comes to your malpractice coverage.

📱Related Episodes: Understanding Occurrence vs. Claims Made https://youtu.be/zcDaZ7bx3k4

1:18 Understanding Claims-Made Coverage
5:32 Step Factors

100th Episode Special: Top Malpractice Insurance Tips for Doctors!

Wed, 05 Jul 2023 08:00:00 -0400

It’s our 100th episode of Malpractice Insights – I can’t even believe it! And I just wanted to say thank you to everyone who has tuned in over the last few years. Whether you’ve just stumbled upon our show with a question on a specific malpractice-related topic, or you’re a regular listener, I’m so grateful that you’ve taken the time to be here and I TRULY hope that you’ve found the information that we’ve shared helpful. So thank you, again!

Today we’re going to do a little question and answer session and I’ve put together some top malpractice insurance tips for you. So, let’s dive into them together.

Related Episodes:

Understanding Occurrence vs. Claims Made https://youtu.be/zcDaZ7bx3k4
Malpractice Insurance for Locum Tenens Providers https://youtu.be/IibpmzHRchg
Malpractice Insurance for Telemedicine https://youtu.be/6RYvhmb6v3I
Malpractice Insurance for Employed Doctors https://youtu.be/AtKqKwFrdiA
Five Questions for New Grads to Ask Their Future Employers https://youtu.be/ULQRm_3N7bE

1:04 New Grads
3:34 Employed Doctors
5:48 Administrators
8:40 Telemedicine
11:22 Independent Doctors
12:30 Let Aegis help!

Four Things You Didn't Realize Your Malpractice Insurance (likely) Covers!

Wed, 28 Jun 2023 08:00:00 -0400

Why do doctors actually need malpractice insurance? And what does it even cover? Healthcare providers need malpractice insurance to protect them in the event of medical negligence, but this insurance policy is more robust than most doctors realize. Beyond simply paying for claims and compensating injured patients, your medical malpractice insurance policy actually provides defense and reimbursement for a number of other things.

Let’s dive into this topic more together.

1:00 What exactly IS medmal?
3:35 Compensatory vs. Punitive Damages
5:06 Defense Costs
5:46 The Four Things Your Medmal Policy (likely) Covers
8:22 One Thing Your Medmal DOESN'T Cover
9:31 Let Aegis help!

How to Break Up With Your Employer and GO SOLO!

Wed, 21 Jun 2023 08:00:00 -0400

If you’re considering leaving your current employer to go out on your own, there are a lot of things that you’ll need to get squared away before you take the leap. But when it comes to your malpractice insurance, we’ve got you covered. How soon should you notify them of your plans? Who’s going to buy your tail insurance? What kind of policy do you need going forward? And how soon should you start investigating new coverage options?

Today we’re going to give you the answers to these questions and more, so that you can step into the next chapter of your career with confidence.

1:30 Step 1: Read your employment contract
2:45 Step 2: Talk to an agent
3:44 Step 3: Put in your notice
7:28 Documents and information to collect
8:19 Step 4: Apply for new insurance
9:16 Let Aegis help!

Mail Bag: Accidentally Bare, Telemedicine Options, and Getting Started as a New Grad

Wed, 14 Jun 2023 08:00:00 -0400

Today we’re continuing our Mail Bag segment with some more “real life” scenarios to talk through. We’re going to talk about miscommunication with an employer on who buys the malpractice coverage, insurance options for a telemedicine group, and how to get up and running quickly for new grad practice owners.

0:50 How to get up and running quickly for new grad owners
3:54 Insurance options for a telemedicine group
7:43 "I thought my employer bought my tail, but they DIDN'T Now what?!"

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

**********Follow us on Social Media**********

Facebook: https://www.facebook.com/AegisMalpractice/

Twitter: https://twitter.com/AegisMedMal

Instagram: https://www.instagram.com/aegismalpractice/

Linked In: https://www.linkedin.com/company/aegis-malpractice-solutions/about/

YouTube: https://www.youtube.com/channel/UCyDVJQuU4ihcZl3gcL6L16A

🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit gripmediaindiana.com.

How is Your Medmal Premium Calculated? And How Can You REDUCE YOUR COST?

Wed, 07 Jun 2023 08:00:00 -0400

Malpractice insurance is one of the top expenses for a medical practice. But have you ever wondered WHY that is? Well, today we’re going to put on our underwriting hats and talk about the 5 main ingredients that go into calculating a malpractice premium… plus, I’m going to give you some tips and tricks on what you can do to help reduce your cost.

❗️❗️❗️FREE DOWNLOAD❗️❗️❗️
https://www.aegismalpractice.com/malpractice-insights/2019/4/18/whats-the-difference-between-claims-made-and-occurrence-malpractice-coverage

📱💻Related Episodes 📱💻
Claims-Made vs. Occurrence Coverage: What's the Difference? https://youtu.be/ziBmE9oUh2M

0:53 What does an underwriter look at?
1:33 Specialty
2:16 Practice Location
3:09 Policy Type
4:06 Policy Limits
4:34 Effective Date
5:50 Common Credits

Claims-Made or Occurrence: What Type Should I Buy?

Wed, 24 May 2023 08:00:00 -0400

Many healthcare providers struggle to understand the difference between Occurrence and Claims-Made malpractice insurance. How are they different and when would a doctor choose one over the other? If that’s you – you’re not alone and we’re here to help!

In today’s episode we’re going to talk about what type of malpractice insurance you should buy. There are a number of factors for you to consider as you’re comparing coverage options, but we’ll walk you through the thought process and help you gain a little more clarity on which policy type is right for you.

❗️❗️❗️FREE DOWNLOAD❗️❗️❗️
https://www.aegismalpractice.com/malpractice-insights/2019/4/18/whats-the-difference-between-claims-made-and-occurrence-malpractice-coverage

📱💻Related Episodes 📱💻
Claims-Made vs. Occurrence Coverage: What's the Difference? https://youtu.be/ziBmE9oUh2M

1:04 Claims-Made vs. Occurrence Refresher
4:10 Question 1
5:20 Question 2
6:34 Question 3
8:44 Question 4
9:42 Pricing Comparisons
11:43 Question 5
13:20 Let Aegis help!

Tail Insurance: What if I DON'T buy it?!

Wed, 17 May 2023 08:00:00 -0400

If you’ve been practicing medicine for any length of time, you’ve probably heard about tail insurance. It’s expensive. It’s a little confusing. And yet, you know that it’s a really important part of your malpractice protection. But what happens if something goes wrong and you don’t secure your tail insurance in time? What if an employer forgets to buy it for you? Or you accidentally let a policy lapse without buying it for yourself? Well today we’re going to dive into this topic and do a quick refresher on tail, explain why and how you should get it, and… what happens if you DON’T.

❗️❗️❗️FREE DOWNLOAD❗️❗️❗️
Tail Insurance FAQs:
https://www.aegismalpractice.com/malpractice-insights/2019/4/24/tail-insurance-faqs

📱💻Related Episodes

What is Tail Insurance? https://youtu.be/hVAwirHxI1g
Claims-Made vs. Occurrence Coverage: What's the Difference? https://youtu.be/ziBmE9oUh2M

1:09 Tail Insurance Refresher
3:27 Why You (probably) Want Tail Insurance
7:11 Statute of Limitations
9:34 What Happens if I Don't Get Tail Insurance?

Mail Bag: No Tail, Healthcare Franchises, and an Uncooperative Doctor?

Wed, 10 May 2023 08:00:00 -0400

Today we’re continuing our Mail Bag segment with some more “real life” scenarios to talk through. We’re going to talk about what to do if a new employer failed to secure tail insurance for you, coverage options for a healthcare franchise business, and what happens if a doctor doesn’t cooperate in a malpractice claim?

❗️❗️❗️FREE DOWNLOAD❗️❗️❗️
The Ultimate Guide to Understanding Claims-Made and Occurrence Coverage

0:55 What to do if a new employer fails to secure your tail insurance
4:20 Coverage options for healthcare franchise businesses
7:30 What happens if a doctor doesn't cooperate during a claim?

📱💻Related Episode: Understanding Consent to Settle https://youtu.be/NJx-nVStEM4

Occurrence vs. Claims-Made...IN 5 MINUTES!

Wed, 03 May 2023 08:00:00 -0400

Without a doubt, the #1 question that we’re asked is – What is the difference between Claims-Made and Occurrence malpractice coverage?

Many healthcare providers struggle to understand the difference between these 2 types of insurance. How are they different? And when would a doctor choose one over the other? If that’s you – you’re not alone and we’re here to help!

In today’s episode I’m going to give you a crash course on Occurrence vs. Claims-Made coverage and I’m going to teach it to you the SAME way that I teach it to medical students and residents… all in 5 minutes or less.

1:29 Occurrence Coverage
4:09 Claims-Made Coverage

Without a doubt, the #1 question that we’re asked is – What is the difference between Claims-Made and Occurrence malpractice coverage?

Many healthcare providers struggle to understand the difference between these 2 types of insurance. How are they different? And when would a doctor choose one over the other? If that’s you – you’re not alone and we’re here to help!

In today’s episode I’m going to give you a crash course on Occurrence vs. Claims-Made coverage and I’m going to teach it to you the SAME way that I teach it to medical students and residents… all in 5 minutes or less.

❗️❗️❗️FREE DOWNLOAD❗️❗️❗️
The Ultimate Guide to Understanding Claims-Made and Occurrence Coverage

https://www.aegismalpractice.com/malpractice-insights/2019/4/18/whats-the-difference-between-claims-made-and-occurrence-malpractice-coverage

📱💻RELATED EPISODES:

Claims-Made vs. Occurrence Coverage: What's the Difference? https://youtu.be/ziBmE9oUh2M

Claims-Made vs. Occurrence Case Studies: Real Life Examples https://youtu.be/9kWic4YXllA

Shopping for Malpractice Insurance WITHOUT Making the Carriers Mad!

Wed, 26 Apr 2023 08:00:00 -0400

Malpractice Insurance for Concierge and Cash-Based Practices

Wed, 19 Apr 2023 08:00:00 -0400

One of the biggest trends in healthcare is cash-based practices… Direct primary care, concierge medicine, and other types of medical practices that are opting OUT of the payor system. This approach allows healthcare providers to spend more time with their patients and less time dealing with red tape. So how does this affect your malpractice insurance? Are there any benefits to going cash-only? Are there any drawbacks from a medmal perspective? Well, in today’s episode we’re going to talk about malpractice insurance for cash-based medical practices. We’ll give you the information you need to get covered correctly AND make sure you’re taking advantage of all available discounts.

2:09 How rates are established
2:57 Factors that influence premiums
4:20 Tips for medmal and DPC
7:21 Let Aegis help!

🚨🚨🚨RELATED EPISODES🚨🚨🚨

📱How Are Premiums Calculated? https://youtu.be/TL3SyQMRmLw

Mail Bag: Moonlighting, New Grad Credits, and Shopping AFTER a free tail?!

Wed, 12 Apr 2023 08:00:00 -0400

Today we’re continuing our Mail Bag segment with some more “real life” scenarios to talk through. We’re going to talk about transitioning a moonlighting policy into a full time private practice policy, new to practice credits and discounts, and whether or not it makes sense to shop around if you’ve already earned a free tail.

0:49 Transitioning from moonlighting to private practice
3:13 Discounts and credits for new grads
5:47 Can you shop around if you've already earned free tail?

🚨🚨🚨RELATED EPISODES🚨🚨🚨

📱Malpractice Insurance for Moonlighting https://youtu.be/omiR-CUtrcY
📱New Grad? Five Questions to Ask Your Potential Employer! https://youtu.be/ULQRm_3N7bE

Switching Malpractice Insurance Agents? Here's HOW and WHEN to do it!

Wed, 05 Apr 2023 08:00:00 -0400

Using an agent to get your malpractice insurance up and running is a smart way to begin your practice. But what happens if you start the quotation process and you realize you've picked the wrong agent to begin with? In today's episode we're going to talk about how to switch agents even if you are in the middle of getting your insurance set up for the very first time. And at the end of this episode you'll have some templates and resources that you can use to make sure that you've got yourself aligned with the right strategic partner for the future.

🚨🚨🚨RELATED EPISODES🚨🚨🚨

📱How to Choose a Malpractice Insurance Agent: https://youtu.be/IxeFO8ALSSU
📱How to Fire Your Malpractice Insurance Agent: https://youtu.be/Vou0q0WTFe0

1:05 Direct vs. Independent Agents
3:28 How the Agent Selection Process Works
4:57 What if You Want to Switch Agents Mid-Quote Process?
7:06 Example Broker Of Record Change template
9:45 Let Aegis Help!

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

**********Follow us on Social Media**********

Facebook: https://www.facebook.com/AegisMalpractice/

Twitter: https://twitter.com/AegisMedMal

Instagram: https://www.instagram.com/aegismalpractice/

Linked In: https://www.linkedin.com/company/aegis-malpractice-solutions/about/

YouTube: https://www.youtube.com/channel/UCyDVJQuU4ihcZl3gcL6L16A

🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit gripmediaindiana.com.

What You NEED to know BEFORE You Get Malpractice Insurance Quotes

Tue, 28 Mar 2023 08:00:00 -0400

If you’re a healthcare provider who is just starting out, or you’re looking to make a career change and need to buy your own malpractice insurance, you might be wondering HOW LONG it takes to get malpractice quotes. When should you start the process to make sure you can get the proof of insurance you need?

In today’s episode, we’re going to talk about how long it takes to get malpractice insurance setup and what steps you should take to get yourself going quickly and easily. We’ve got an overview of the process for you and a HACK to get you credentialed right away, even if you’re still several months away from seeing your first patient.

1:13 The process for securing malpractice insurance
1:56 The fastest way or the best way?
6:02 A quick credentialing hack
6:44 Let Aegis help!

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📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

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🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit gripmediaindiana.com.

What is Prior Acts Coverage and How Much Will it Cost?

Wed, 22 Mar 2023 08:00:00 -0400

When a doctor is considering making a change to his or her malpractice coverage, the issue of tail nearly always comes up. Unless you are insured on an Occurrence policy form, tail insurance is something you’ll need to consider as you modify your coverage year by year.

But, let’s say your current malpractice insurance just isn’t meeting your needs anymore and you want to shop around… Or, perhaps you’re leaving an employment arrangement or moving on from another job. What are your options going forward?

Well, today we’re going to talk about PRIOR ACTS coverage, which makes it easy and affordable for you to move to a new carrier without having to buy tail insurance. Let’s start the discussion.

RELATED EPISODE: Claims-Made vs. Occurrence Coverage: What's the Difference? https://youtu.be/ziBmE9oUh2M

1:36 What is prior acts coverage?
2:59 Understanding claims-made coverage
6:04 How to know how much prior acts coverage will cost
7:30 Examples
11:38 Let Aegis help!

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📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

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🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit gripmediaindiana.com.

Mail Bag 8: Your Malpractice Insurance Questions...ANSWERED!

Wed, 15 Mar 2023 08:00:00 -0400

Today we’re continuing our Mail Bag segment with some more “real life” scenarios to talk through. We’re going to talk about finding malpractice insurance options after a large claim payment, moonlighting during fellowship and transitioning to full time private practice, and switching agents mid-quote process.

0:53 What are my options if I've already had a large claim payout?
4:52 How do you transition your moonlighting policy into a full-time policy?
7:30 Can I switch agents during the quote process?
11:19 Let Aegis help!

🚨🚨🚨Related Episodes🚨🚨🚨
Understanding the Non-Standard Market https://youtu.be/Yuj-9MkmCmo
How to FIRE your Malpractice Insurance Agent https://youtu.be/Vou0q0WTFe0

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

**********Follow us on Social Media**********

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🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit gripmediaindiana.com.

How to Shop for Medical Malpractice Insurance Like a PRO!

Wed, 08 Mar 2023 08:00:00 -0500

If you’re buying your own malpractice insurance, you know how important it is to find a quality insurance policy WITHOUT breaking the bank. And, of course, the best way to do that is to shop around. But how many carriers should you get quotes from to ensure that you’ve got a good handle on the market? And does it matter what kind of carriers they are? In today’s episode we’re going to unpack this topic and give you tips on how to shop like a pro, so you can feel confident that you have the best malpractice coverage at the best price.

1:05 Types of malpractice insurance carriers
4:12 What type of carrier should YOU be looking at?
5:34 How many carriers should you look at?
6:30 What to know when comparing policy options
7:05 Let Aegis help!

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

**********Follow us on Social Media**********

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🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit gripmediaindiana.com.

How to FIRE Your Malpractice Insurance Agent

Wed, 01 Mar 2023 08:00:00 -0500

A solid malpractice insurance agent is an integral part of the business of medicine. These industry experts can help you shop around, understand your coverage options and manage your policy. They’ll save you time and bring their expertise to help you make sure you’ve got the RIGHT policy at the BEST price. But what happens when things start to sour? Maybe your agent used to do a good job, but they’re just not cutting it anymore. How do you fire your malpractice insurance agent? Today I’m going to give you the steps to take to untangle yourself from your current broker and switch to someone who can do a better job.

Related Episode: How to Select the Right Malpractice Insurance Agent https://youtu.be/IxeFO8ALSSU

1:19 Your agent hasn't shopped for you recently
2:34 Your agent doesn't specialize in malpractice insurance
4:19 Your agent only has access to a few carriers
5:49 Your agent isn't responsive
7:09 Your agent isn't helping you with risk prevention
8:12 Broker of Record Change
11:43 Let Aegis help!

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

**********Follow us on Social Media**********

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🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit gripmediaindiana.com.

What's the Difference Between Occurrence Coverage and Pre-Paid Tail Insurance?

Wed, 22 Feb 2023 08:00:00 -0500

We talk a lot about Occurrence vs. Claims-Made coverage on this podcast – and rightly so. It’s the #1 question that we get from doctors and it can take a little while to really understand the differences. But today we’re going to dive into a specific nuance of this discussion and that is… what is the difference between Occurrence and a Pre-Paid tail? Let’s unpack this topic together.

❗️❗️❗️FREE DOWNLOAD❗️❗️❗️
https://www.aegismalpractice.com/malpractice-insights/2019/4/18/whats-the-difference-between-claims-made-and-occurrence-malpractice-coverage

Related Episode: Claims-Made vs. Occurrence Coverage: What's the Difference?
https://youtu.be/TL3SyQMRmLw

0:59 The difference between occurrence and claims-made coverage
3:20 The difference between occurrence and pre-paid tail insurance
10:48 Let Aegis help!

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

**********Follow us on Social Media**********

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🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit gripmediaindiana.com.

Mailbag 7: Your Malpractice Insurance Questions...ANSWERED!

Wed, 15 Feb 2023 08:00:00 -0500

Today we’re continuing our Mail Bag segment with some more “real life” scenarios to talk through. We’re going to talk about leaving hospital employment and making sure you have tail, comparing rates for telemedicine states, and practicing bare – essentially without insurance.

0:52 Will the hospital really cover my tail insurance if I leave?
3:14 How does telemedicine coverage work if I'm practicing in multiple states?
5:34 Is it ok if I go uninsured on purpose?
9:13 Let Aegis help!

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

**********Follow us on Social Media**********

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🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit https://www.gripmediaindiana.com

Five Reasons CLAIMS-MADE COVERAGE Might Be Best For You!

Wed, 08 Feb 2023 08:00:00 -0500

So, your malpractice agent has brought you quotes for both Occurrence and Claims-Made coverage options. How do you know which one is right for you? This is Episode #2 of a 2-part series on how to choose the right type of malpractice insurance and today I’m going to give you 5 reasons why Claims-Made coverage might be right for you.

❗️❗️❗️FREE DOWNLOAD❗️❗️❗️
https://www.aegismalpractice.com/malpractice-insights/2019/4/18/whats-the-difference-between-claims-made-and-occurrence-malpractice-coverage

📱💻RELATED EPISODE: Claims-Made vs. Occurrence - What's the Difference? https://youtu.be/ziBmE9oUh2M

1:07 The Difference Between Claims-Made and Occurrence
3:55 Reason 1 - Lower initial price point
4:43 Reason 2 - Easier to find
5:29 Reason 3 - Prior acts
6:28 Reason 4 - Free tail (retirement)
7:06 Reason 5 - Portable
8:48 Let Aegis help!

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

**********Follow us on Social Media**********

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🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit https://www.gripmediaindiana.com

Five Reasons OCCURRENCE COVERAGE Might Be Best For You!

Wed, 01 Feb 2023 08:00:00 -0500

So, your malpractice agent has brought you quotes for both Occurrence and Claims-Made coverage options. How do you know which one is right for you? Well, this is going to be the first of a 2-part series on how to choose the right type of malpractice insurance and today I’m going to give you 5 reasons why Occurrence coverage might be right for you.

❗️❗️❗️FREE DOWNLOAD❗️❗️❗️
https://www.aegismalpractice.com/malpractice-insights/2019/4/18/whats-the-difference-between-claims-made-and-occurrence-malpractice-coverage

📱💻RELATED EPISODE: Claims-Made vs. Occurrence - What's the Difference? https://youtu.be/ziBmE9oUh2M

1:00 The Difference Between Claims-Made and Occurrence
4:13 Reason 1 - Flexibility
4:56 Reason 2 - More coverage for your premium dollar
5:47 Reason 3 - Easier to budget
6:23 Reason 4 - It's what you've always had
6:54 Reason 5 - Someone else is paying
7:58 Let Aegis help!

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

**********Follow us on Social Media**********

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🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit https://www.gripmediaindiana.com

What is Medical Malpractice and How Does Someone Prove It?

Wed, 18 Jan 2023 08:00:00 -0500

Today we’re talking basics… what exactly IS medical malpractice? And how does a judge and jury determine if you’re guilty of it? Today we’re going to answer 4 common questions that healthcare professionals have on this topic so that you can know what elements of proof need to be established in a case, what’s expected of you, and how you can protect yourself.

For the BLOG on this topic, visit: https://www.aegismalpractice.com/malpractice-insights/what-is-medical-malpractice-and-how-does-someone-prove-it

📱💻RELATED EPISODE: The Malpractice Claim Process https://youtu.be/EzUgmd7hFWg

0:57 What is medical malpractice and medmal?
2:28 What does a patient need to prove?
3:40 Causation
5:02 How do courts determine how much money is owed?
6:47 How can I protect myself?
7:42 Let Aegis help!

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

**********Follow us on Social Media**********

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🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit https://www.gripmediaindiana.com

Mailbag 6: Your Malpractice Questions...ANSWERED!

Wed, 18 Jan 2023 08:00:00 -0500

Today we’re continuing our Mail Bag segment with some more “real life” scenarios to talk through. We’re going to talk about tail insurance for advanced practitioners who are covered under a group, what kind of malpractice coverage you need when you’re taking over a practice, and coverage options for direct primary care.

0:54 Tail insurance when leaving a group policy
4:35 Coverage options when taking over a practice
6:24 Coverage for direct primary care physicians
8:34 Let Aegis help!

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

**********Follow us on Social Media**********

Facebook: https://www.facebook.com/AegisMalpractice/

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YouTube: https://www.youtube.com/channel/UCyDVJQuU4ihcZl3gcL6L16A

🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit https://www.gripmediaindiana.com

"I forgot to buy tail insurance! NOW WHAT?"

Wed, 11 Jan 2023 08:00:00 -0500

Tail insurance is that necessary evil that comes with having a Claims-Made malpractice insurance policy. It’s expensive, yet critically important to ensure your long-term protection against claims. But what happens if you forget to buy the tail? Or if you were promised a tail by a previous employer, and they dropped the ball? In today’s episode we’re going to tell you what to do IMMEDIATELY upon discovering that your tail has lapsed to help you minimize the damage and fix it, if at all possible.

1:07 What happens if you don't have tail insurance
2:52 What to do if you're accidentally bare
4:14 Stand alone tail
4:42 Getting a new backdated policy
5:54 No Known Loss Statement
6:54 Non-standard carriers
8:06 How to make sure you secure tail insurance
10:00 Let Aegis help!

📱💻RELATED EPISODE: Understanding the Non-Standard Market https://youtu.be/Yuj-9MkmCmo

📱💻RELATED EPISODE: How to Negotiate Tail Insurance https://youtu.be/q-tQe_ofRWI

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

**********Follow us on Social Media**********

Facebook: https://www.facebook.com/AegisMalpractice/

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🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit https://www.gripmediaindiana.com

Top 5 Tips for Buying Malpractice Insurance in 2023

Wed, 04 Jan 2023 08:00:00 -0500

Do you need to buy malpractice insurance in 2023? If you’re a resident or fellow who will be finishing up training this year OR you’re an established practitioner looking to make a possible change, we’ve got some tips for you as you start the process of shopping around for your medmal coverage. As the market continues to evolve, you need to be positioned to make the best choice so that you can get quick, affordable, yet comprehensive coverage for your job. And we’ve got some pointers for you.

1:07 Soft Markets and Hard Markets
2:24 Tip 1: Get a good agent
3:27 Tip 2: Get quotes from multiple carriers
4:09 Key considerations when comparing carriers
5:07 Tip 3: Get Claims-Made and Occurrence quotes
6:35 Tip 4: Get future rate projections
7:15 Future rate projection example
9:37 Tip 5: Start the application process early
11:34 Let Aegis help!

📱💻RELATED EPISODE: How to Choose a Malpractice Insurance Agent https://youtu.be/IxeFO8ALSSU

📱💻RELATED EPISODE: Which Malpractice Insurance Carrier is Best?
https://youtu.be/moMU94Hh3YA

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

**********Follow us on Social Media**********

Facebook: https://www.facebook.com/AegisMalpractice/

Twitter: https://twitter.com/AegisMedMal

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YouTube: https://www.youtube.com/channel/UCyDVJQuU4ihcZl3gcL6L16A

🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit https://www.gripmediaindiana.com

Trends, Carriers, and Markets: Looking Back at Malpractice Insurance in 2022

Wed, 28 Dec 2022 08:00:00 -0500

In today’s episode, we’re going to do a quick question and answer session and I’m going to share some reflections on the malpractice market in 2022. After 20 years in the industry, no 2 years have ever been the same. And this year is no exception.

0:50 How does 2022 compare to years past?
3:39 Medmal trends in 2022
5:52 How are malpractice insurance carriers evolving?
8:18 Where does medmal need to improve?
10:03 What to expect in 2023

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

**********Follow us on Social Media**********

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YouTube: https://www.youtube.com/channel/UCyDVJQuU4ihcZl3gcL6L16A

🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit https://www.gripmediaindiana.com

Mail Bag 5: Your Malpractice Questions...ANSWERED!

Wed, 21 Dec 2022 08:00:00 -0500

Today we’re continuing our new Mail Bag segment with some more “real life” scenarios to talk through. We’re going to talk about what questions you should be asking potential employers regarding the type of malpractice coverage they’ll be offering you, how to find a more competitive policy option when you’ve had previous insurance lapse, and how to choose between Occurrence and Claims-Made coverage when you’re a solo provider.

📱💻 RELATED EPISODES 📱💻
Understanding Consent to Settle https://youtu.be/NJx-nVStEM4
Claims-Made vs. Occurrence Coverage https://youtu.be/ziBmE9oUh2M
What is Tail Insurance? https://youtu.be/3THm5jDd2eY

1:01 - What medmal questions should I ask potential employers?
6:45 - If my insurance lapsed, can I ever go back to my old carrier?
9:27 - Should solo providers get Claims-Made or Occurrence coverage?
13:06 - Let Aegis help!

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

**********Follow us on Social Media**********

Facebook: https://www.facebook.com/AegisMalpractice/

Twitter: https://twitter.com/AegisMedMal

Instagram: https://www.instagram.com/aegismalpractice/

Linked In: https://www.linkedin.com/company/aegis-malpractice-solutions/

YouTube: https://www.youtube.com/channel/UCyDVJQuU4ihcZl3gcL6L16A

🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit https://www.gripmediaindiana.com

What's the BEST malpractice policy for SELF-EMPLOYED doctors?

Wed, 14 Dec 2022 08:00:00 -0500

If you’re joining a practice or working for a hospital or large health network, your options for malpractice insurance will be limited… you’ll just get the same coverage as everyone else in the group. But if you’re practicing on your own, YOU get to call your own shots. This can be both empowering and a little intimidating. What kind of policy should you get? How do you make sure you pick the right coverage that will keep you protected, while also keeping your budget in mind? In today’s episode, we’ll give you some thoughts on the best type of malpractice policy for self-employed doctors. And the answer might surprise you!

💻 RELATED EPISODES
Claims-Made vs. Occurrence Coverage - What's the Difference? https://youtu.be/ziBmE9oUh2M
Claims-Made vs. Occurrence Coverage CASE STUDIES https://youtu.be/9kWic4YXllA

1:13 Claims-Made vs. Occurrence
4:53 Why Choose Occurrence?
6:41 Why Choose Claims-Made?
8:45 What Do Most Self-Employed Docs Choose?
9:41 Let Aegis Help!

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

**********Follow us on Social Media**********

Facebook: https://www.facebook.com/AegisMalpractice/

Twitter: https://twitter.com/AegisMedMal

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YouTube: https://www.youtube.com/channel/UCyDVJQuU4ihcZl3gcL6L16A

🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit https://www.gripmediaindiana.com

FIVE Things to Look for in a Quality Malpractice Policy

Wed, 07 Dec 2022 08:00:00 -0500

When you’re shopping around for malpractice insurance, price is always a key consideration. In fact, it’s usually the FIRST thing doctors look at when they’re given multiple quotes from different carriers. But beyond price, what ELSE should you be looking for in a quality malpractice insurance policy? If the rates are relatively similar, what makes one option better than another? And is there ever a time when it’s worth paying MORE for a policy? In today’s episode we’re going to give you a list of 5 key things to look at besides price to make sure that you’re getting the best protection for your hard-earned dollar.

💻For the BLOG on this topic, visit: https://www.aegismalpractice.com/malpractice-insights/five-things-to-look-for-in-a-quality-malpractice-policy

💻 RELATED EPISODES 💻
Understanding Consent to Settle https://youtu.be/NJx-nVStEM4

1:40 Who the carrier is
3:01 What policy types do they offer?
3:56 How experienced is the claims and defense team?
4:55 Do they offer pure consent to settle?
6:15 What other value-added services do they offer?
8:49 Let Aegis help!

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

**********Follow us on Social Media**********

Facebook: https://www.facebook.com/AegisMalpractice/

Twitter: https://twitter.com/AegisMedMal

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YouTube: https://www.youtube.com/channel/UCyDVJQuU4ihcZl3gcL6L16A

🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit https://www.gripmediaindiana.com

Should I Use MORE THAN ONE AGENT To Help Me Get Malpractice Insurance?

Wed, 30 Nov 2022 08:00:00 -0500

Buying medical malpractice insurance can be a time-consuming, frustrating process. There are many different companies to choose from, policy types to understand and coverage nuances that can make it difficult to really know if you’re getting the best coverage at the best price. So, often doctors will work with an agent to help them compare options in the market. And the more agents you work with, the more options you’ll get – right?

Well, in today’s episode we’re going to show you why this is actually NOT the best approach and show you the 4 problems with working with multiple agents. And by the end of this episode you’ll know how you can streamline your quote process to ensure you’re getting the best options as quickly as possible.

1:17 Direct vs. Independent Agents
2:44 Pricing
3:51 Why not use multiple agents?
5:03 Problem: Agents Blocking the Market
6:11 Problem: Agents with Misguided Intentions
7:46 Problem: Unnecessary Work (For You!)
8:56 Problem: Loss of Leverage
10:49 Let Aegis Help!

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🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit https://www.gripmediaindiana.com

Mail Bag 4: Your Malpractice Questions ANSWERED

Wed, 16 Nov 2022 08:00:00 -0500

Today we’re continuing our new Mail Bag segment with some more “real life” scenarios to talk through. We’re going to talk about a situation where a doctor got STUCK with an unexpected tail obligation, how to successfully hire self-employed providers, and key considerations when you’re just starting private practice after fellowship.

📱RELATED EPISODES📱
How to Successfully Negotiate Tail Insurance: https://youtu.be/q-tQe_ofRWI

0:54 Handling and unexpected tail bill
5:20 How to cover independent contractors and LLCs
8:32 Setting up a policy after fellowship

**********Contact us!**********

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📞 888.51AEGIS [888.512.3447]

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🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit https://www.gripmediaindiana.com

Malpractice Insurance During a Hard Market: WHAT TO DO

Wed, 09 Nov 2022 08:00:00 -0500

Across the country, malpractice insurance rates are starting to creep up little by little. And the reason for this (at least, in part) is due to a hardening market. So, what exactly is a hard market in malpractice insurance terms? And why does it matter to you? Today we’re going to unpack this topic and give you a simplified definition of a hard market PLUS give you some tips on how you can navigate it successfully – so that you can ensure that you’ll stay protected while keeping your rates as low as possible.

🖥️ For the BLOG on this topic, visit: www.aegismalpractice.com/malpractice-insights/malpractice-insurance-during-a-hard-market-what-to-do

1:08 The difference between soft and hard markets
3:57 The impact of a hard market
4:51 Preparing for success in a hard market
7:35 Let Aegis help!

**********Contact us!**********

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📞 888.51AEGIS [888.512.3447]

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🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit https://www.gripmediaindiana.com

How Long Do I Need to Carry Tail Insurance?

Wed, 02 Nov 2022 08:00:00 -0400

Tail insurance is that necessary evil that you need to take care of after you’ve cancelled a Claims-Made policy. But the problem with tail is that it’s expensive – sometimes VERY expensive. So, often doctors will ask us about reducing the terms of the tail to keep costs down. But, this can be a dangerous proposition. So today we’re going to answer the question “How long do I need to carry tail insurance?" And by the end of this episode, you’ll have all the facts lined up so that you can make a decision on how long of a tail YOU need to purchase.

📱RELATED EPISODES📱
Occurrence vs. Claims-Made - What's the Difference? https://youtu.be/ziBmE9oUh2M
Occurrence vs. Claims-Made Case Studies: Real Life Examples https://youtu.be/9kWic4YXllA

1:07 Tail Insurance Review
2:23 Unlimited vs. Limited Terms
4:57 Limited Tail Considerations
8:00 How Long Should I Carry Tail Insurance?
9:09 Let Aegis Help!

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

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YouTube: https://www.youtube.com/channel/UCyDVJQuU4ihcZl3gcL6L16A

🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit https://www.gripmediaindiana.com

How to Successfully Negotiate Tail Insurance

Wed, 26 Oct 2022 08:00:00 -0400

This week I’ve talked to 3 doctors who are leaving their medical group and their tail insurance is a mess – promises broken, obligations to buy ridiculously expensive tail policies, and overall a very unhappy parting of ways. So how do you avoid this kind of nightmare in your practice? Well, today I’m going to give you 5 tips on how to successfully negotiate your tail insurance terms with potential employers so that you can make sure YOU don’t end up frustrated, broke, or uninsured in the future.

📖 For the BLOG on this topic, visit: https://www.aegismalpractice.com/malpractice-insights/how-to-successfully-negotiate-tail-insurance

📱RELATED EPISODES📱
Occurrence vs. Claims-Made - What's the Difference? https://youtu.be/ziBmE9oUh2M
Occurrence vs. Claims-Made Case Studies: Real Life Examples https://youtu.be/9kWic4YXllA

1:24 Tip 1
5:15 Tip 2
6:24 Tip 3
9:08 Tip 4
10:18 Tip 5

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

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🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit https://www.gripmediaindiana.com

Malpractice Insights Mail Bag: Your Malpractice Questions ANSWERED!

Wed, 19 Oct 2022 08:00:00 -0400

Today we’re continuing our new Mail Bag segment with some more “real life” scenarios to talk through. We’re going to talk about alternatives to tail insurance, how many carriers to look at when you’re shopping around, and whether or not you should change insurance while you have an open claim.

▶️RELATED EPISODE: What is Tail Insurance? https://youtu.be/hVAwirHxI1g

▶️RELATED EPISODE: Do I Need to Purchase Tail Insurance Before I Switch Carriers? https://youtu.be/iOhmXwRprvI

▶️RELATED EPISODE: Which Carrier is Best? https://youtu.be/moMU94Hh3YA

0:54 Do I need to buy tail insurance if I'm starting my own practice?
3:39 How many carriers should I look at when shopping?
7:05 Can I switch carriers if I have an open claim?

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

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🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit https://www.gripmediaindiana.com

Risk Management Tips from Doctors Who Have ALREADY BEEN SUED!

Wed, 12 Oct 2022 08:00:00 -0400

You’ve likely taken some risk management courses or received some general information on how to avoid a malpractice claim – in fact, we’ve talked about that here on Malpractice Insights a number of times. But today, I’m going to give you 10 Tips on how to prevent a malpractice claim – but these tips are coming from your peers… doctors just like YOU that have lived through their own malpractice lawsuit and they have lessons to share. So, let’s go over them together.

📖 For the BLOG on this topic, visit: https://www.aegismalpractice.com/malpractice-insights/10-risk-management-tips-from-doctors-who-have-already-been-sued

▶️How to A.V.O.I.D. Malpractice Claims https://youtu.be/TAWWR-eD_4w

▶️What To Do After an Adverse Event https://youtu.be/9qtKFnLQp2A

1:04 Tip 1
2:00 Tip 2
2:47 Tip 3
3:33 Tip 4
4:02 Tip 5
4:02 Tip 6
4:54 Tip 7
5:58 Tip 8
6:31 Tip 9
7:00 Tip 10

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

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🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit https://www.gripmediaindiana.com

How to Know if You Need Supplemental Malpractice Insurance

Wed, 05 Oct 2022 08:00:00 -0400

Nobody wants to pay for malpractice insurance unnecessarily. But sometimes providers find themselves in a situation where they may want to have a supplemental insurance policy to go alongside the coverage that they have for their full-time jobs. So, how do YOU know if you might be a candidate for supplemental coverage? Today we’re going to give you 3 reasons what you might need this type of policy – and I’ll give you some rough numbers on how much it costs.

RELATED EPISODES

▶️Malpractice for Moonlighting https://youtu.be/omiR-CUtrcY

▶️How Much Malpractice Insurance Coverage Should I Have? https://youtu.be/PSWhT7WWCOw

1:00 Moonlighting
3:09 When your current policy doesn't cover you
4:20 When you're not happy with the insurance that's provided
5:47 How much does it cost? (Examples)
8:11 Let Aegis help!

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

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YouTube: https://www.youtube.com/channel/UCyDVJQuU4ihcZl3gcL6L16A

🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit https://www.gripmediaindiana.com

Transitioning Your Malpractice Insurance from W2 to 1099

Wed, 28 Sep 2022 08:00:00 -0400

One of the most common coverage requests that we’re getting these days is malpractice insurance for 1099 providers – folks who have decided to transition away from being a W2 employee and who want to work on their own. So, what are the coverage options for 1099 providers? How do you switch your malpractice insurance from employee to contractor? We’ve got answers for you today.

RELATED EPISODES

▶️Claims-Made vs. Occurrence Coverage: CASE STUDIES https://youtu.be/9kWic4YXllA

▶️Quitting Your Medical Job? Be Sure to Follow These Steps! https://youtu.be/li0ZVBw0vwc

1:15 Figuring Out Your Current Policy Details
2:38 Carrying Over Tail Insurance
4:03 Considerations When Setting Up Your 1099

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

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YouTube: https://www.youtube.com/channel/UCyDVJQuU4ihcZl3gcL6L16A

🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit https://www.gripmediaindiana.com

Mailbox 2: Your Malpractice Questions ANSWERED!

Wed, 21 Sep 2022 08:00:00 -0400

Today we’re continuing our new Mail Bag segment with some more “real life” scenarios to talk through. We’re going to talk about how to get credentialed when you’re not planning on working for several more months, the best options for malpractice coverage when you’re launching a new partnership practice straight out of residency, and how to cover ancillary staff within your practice.

0:36 How do I show proof of insurance BEFORE I start working?
2:56 How do I cover my medical assistant and RN at my new practice?
7:31 How do I cover nurse practitioners at my practice?
9:24 Let Aegis help!

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

**********Follow us on Social Media**********

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YouTube: https://www.youtube.com/channel/UCyDVJQuU4ihcZl3gcL6L16A

🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit https://www.gripmediaindiana.com

How to Add Virtual Care to Your Malpractice Coverage

Wed, 14 Sep 2022 08:00:00 -0400

Virtual care and telemedicine were trending in healthcare even before the pandemic. But now, in this post-COVID world, nearly half of all medical practices have either implemented some form of telehealth or are considering doing so in the months ahead. So… how do you add virtual care to your malpractice coverage? How do you ensure that you are covered for this new type of medicine? We’ve got the answers for you in today’s episode.

1:36 How to make sure you're covered for virtual care
3:31 What to do if your carrier doesn't cover your new territory
4:16 Questions to ask your agent
5:18 How telemedicine rates are calculated
7:42 Let Aegis help!

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

**********Follow us on Social Media**********

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🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit https://www.gripmediaindiana.com

Five Signs You're Working With The WRONG Malpractice Agent

Wed, 07 Sep 2022 08:00:00 -0400

A solid malpractice insurance agent is an integral part of the business of medicine. These industry experts can help you understand your coverage options and manage your policy… IF you find the right one. So, what should you look out for? Today we’re going to give you 5 signs that you MIGHT be working with the wrong malpractice agent… and how to pivot, if you need to make a change.

1:24 Sign 1
2:44 Sign 2
4:28 Sign 3
5:52 Sign 4
7:12 Sign 5
8:01 How to Change Your Agent If Needed

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

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🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit https://www.gripmediaindiana.com

How to A.V.O.I.D. Malpractice Claims!

Wed, 31 Aug 2022 08:00:00 -0400

We do a lot of education on malpractice insurance itself – the different policy types, understanding tail insurance, what goes into making a rate and much more.

But for most of you listening, one of the most important things to know is how to AVOID a malpractice claim altogether. So, in today’s episode, we’re going to unpack this topic and give you the foundational elements of how to AVOID being sued for malpractice.

1:42 Attitude
3:40 Value the Patient's Perspective
4:28 Operate in Systems
5:30 Initiate Self-Care
6:30 Document
8:09 Let Aegis Help!

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

**********Follow us on Social Media**********

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🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit https://www.gripmediaindiana.com

Mailbag 1: Your Malpractice Questions ANSWERED!

Wed, 24 Aug 2022 08:00:00 -0400

How should you manage insuring short term opportunities? What is the best way to be covered for virtual work out-of-state? And how should I get insurance if I'm doing something part-time at a different practice?

Today we answer these questions as we dive into the Aegis Malpractice Solutions Mailbag!

***

To submit a question for the mailbag, visit https://www.aegismalpractice.com/

***

0:35 Short term fellowship coverage
2:32 Coverage for virtual work in other states
5:01 Insuring side gigs for other employers

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

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🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit https://www.gripmediaindiana.com

Why Did My Malpractice Insurance Rates INCREASE?

Wed, 17 Aug 2022 08:00:00 -0400

So, your malpractice insurance policy is coming up for renewal, but for some reason, the price is much higher this year than it was last year. Why is that? Did something change?

Today we’re going to talk about the 3 reasons why your malpractice premium may have gone up. We’ll dig into the specifics of each case so that you can figure out what factors are IN your control and which ones are not. And by the end of this episode, you’ll be more comfortable each time your policy comes up for renewal and able to manage your malpractice coverage like a pro.

1:27 Reason 1 - Claims-made step increases
4:05 Reason 2 - Changes to your credit structure
6:13 Reason 3 - Carrier rate changes

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

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🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit https://www.gripmediaindiana.com

Tail Insurance: What is it and how much will it cost?

Wed, 10 Aug 2022 08:00:00 -0400

You’ve probably heard a colleague or two talk about tail insurance. What exactly is it and how much does it cost? Is it something you really need to be concerned with?

In today’s episode we’re diving into tail insurance in a bit more detail. We’ll go over what it is, what factors go into the cost of tail insurance, and what you need to know before you buy it. Plus we have a cheat sheet for you to walk away with today, so stay tuned.

❗️❗️❗️FREE RESOURCE ❗️❗️❗️ Easy-to-Access Answers About Tail Insurance - CLICK HERE:
https://www.aegismalpractice.com/malpractice-insights/tail-insurance-what-is-it-and-how-much-will-it-cost

⬇️ FREE DOWNLOAD: Tail Insurance FAQs https://www.aegismalpractice.com/malpractice-insights/2019/4/24/tail-insurance-faqs

RELATED EPISODES
🖥️ Claims-Made vs. Occurrence Coverage: What's the difference? - https://youtu.be/ziBmE9oUh2M
🖥️ Claims-Made vs. Occurrence Coverage Case Studies - https://youtu.be/9kWic4YXllA
🖥️ What is Tail Insurance? - https://youtu.be/hVAwirHxI1g

0:58 - What is tail insurance?
2:08 - Factors that impact tail insurance costs
6:27 - Tail insurance quotes
7:41 - Let Aegis help!

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

**********Follow us on Social Media**********

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🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit https://www.gripmediaindiana.com

What Exactly Does My Malpractice Insurance Pay For?

Wed, 03 Aug 2022 08:00:00 -0400

Healthcare providers need malpractice insurance to protect them in the event of medical negligence, but this insurance policy is more robust than most doctors realize. Beyond simply paying for claims and compensating injured patients, your medical malpractice insurance policy actually provides defense and reimbursement for a number of other things.

In today’s episode we’re going to talk about what your malpractice insurance policy pays for so that you can make sure you’re taking advantage of every single benefit.

📖 For the BLOG on this topic, visit: https://www.aegismalpractice.com/malpractice-insights/how-much-does-tail-insurance-cost

1:20 Compensatory vs. Punitive Damages
2:56 Malpractice lawsuit costs
3:46 Four OTHER things your policy (likely) covers
6:58 Let Aegis help!

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

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🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit https://www.gripmediaindiana.com

Doctor Returning from Retirement? What You NEED TO KNOW About Your Malpractice Insurance.

Wed, 27 Jul 2022 08:00:00 -0400

So, you’ve retired from the practice of medicine… but now you’re interested in coming back – either to fill in for a friend, to work part-time, or maybe to return to full time practice again. What are your options for malpractice insurance? What should you be looking for in a new policy? And what happens to the free tail that you earned before? In today’s episode we’re going to talk about how to return to medicine after retirement and what you should do about your medmal coverage.

📖 For the BLOG on this topic, visit: https://www.aegismalpractice.com/malpractice-insights/returning-to-medicine-after-retirement-heres-your-medmal-cheat-sheet

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

**********Follow us on Social Media**********

Facebook: https://www.facebook.com/AegisMalpractice/

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YouTube: https://www.youtube.com/channel/UCyDVJQuU4ihcZl3gcL6L16A

🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit https://www.gripmediaindiana.com

Does My Malpractice Insurance Cover My Legal Fees?

Wed, 20 Jul 2022 08:00:00 -0400

Malpractice insurance lawsuits can be expensive. Paying for attorneys, expert witnesses, court fees, and the actual damages for any losses against you can really add up. So, what is included in your policy? Does malpractice insurance cover legal fees? There’s one key question that you need to ask in order to ensure that your policy is covering you adequately. Curious to know what it is? Let’s go over together.

📖 For the BLOG on this topic, visit: https://www.aegismalpractice.com/malpractice-insights/does-malpractice-insurance-cover-my-legal-fees

1:06 Compensatory vs. Punitive Damages
3:16 Legal Fees
3:47 How do legal fees affect your coverage?
5:07 Example of defense costs OUTSIDE and INSIDE your limits
6:30 Let Aegis help!

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🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit https://www.gripmediaindiana.com

How to Fill Out Your Medical Malpractice Insurance Application

Wed, 13 Jul 2022 10:00:00 -0400

Malpractice insurance applications are long and complicated, but today we’re going to walk you through it step by step. We're going to show you how to fill out an application, what sections are most important, and what the underwriter is really looking for when they’re reviewing your information.

📖 For the BLOG on this topic, visit: https://www.aegismalpractice.com/malpractice-insights/how-to-fill-out-a-malpractice-insurance-application

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

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🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit https://www.gripmediaindiana.com

A Crash Course on Buying Your Own Medical Malpractice Insurance

Wed, 06 Jul 2022 08:00:00 -0400

If you’re an employed provider working for a hospital, network, or other medical group, you’ve likely never had to buy your own malpractice insurance before. But if you decide that you want to start moonlighting, doing some locums or contract work, or perhaps you want to explore going off on your own, now you’ve got to buy your own coverage and figure it out FAST.

In today’s episode we’re going to give you a crash course on malpractice insurance and give you the 4 KEY THINGS you need to know so that you can buy your own insurance policy with confidence.

📖 For the BLOG on this topic, visit: https://www.aegismalpractie.com/malpractice-insights/never-had-to-buy-your-own-medmal-heres-your-crash-course

Related Episode Links:

▶️Claims-Made vs. Occurrence Coverage: What's the Difference? https://youtu.be/ziBmE9oUh2M
▶️Claims-Made vs. Occurrence Coverage: Case Studies https://youtu.be/9kWic4YXllA
▶️What is Tail Insurance? https://youtu.be/hVAwirHxI1g

1:20 What type of policy should I get?
2:04 Occurrence Coverage
3:28 Claims-Made Coverage
5:14 How much coverage should I get?
7:00 How to shop around for the right carrier
8:10 Working with a knowledgeable malpractice insurance agent
8:52 Let Aegis help!

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

**********Follow us on Social Media**********

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YouTube: https://www.youtube.com/channel/UCyDVJQuU4ihcZl3gcL6L16A

🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit https://www.gripmediaindiana.com

Quitting Your Medical Job? Be Sure to Follow These Steps!

Wed, 29 Jun 2022 08:00:00 -0400

Considering making a career change? If so, today’s episode is for you. When it comes to medical malpractice insurance for healthcare providers, one of the most critical times for decision-making comes as you prepare to leave your employer. Who’s going to buy your tail insurance? What kind of policy do you need going forward? And how soon should you start investigating new coverage options?

Today we’re going to give you the answers to these questions and more, so that you can step into the next chapter of your career with confidence.

📖 For the BLOG on this topic, visit: https://www.aegismalpractice.com/malpractice-insights/steps-to-take-before-you-quit-your-job-malpractice-edition-nbsp

1:41 Step 1: Read Your Employment Contract
3:00 Step 2: Talk to an Agent
4:01 Step 3: Put in Your Notice
4:39 Documents to Collect From Your Employer Before You Leave
5:27 Step 4: Apply for New Insurance
6:26 Let Aegis Help!

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

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🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit https://www.gripmediaindiana.com

Applying for Malpractice Insurance? How to Manage the Timing PERFECTLY!

Wed, 22 Jun 2022 08:00:00 -0400

In today’s episode, we’re going to talk about how long it takes to get malpractice insurance setup and what steps you should take to get yourself going quickly and easily. We’ve got an overview of the process for you and a HACK to get you credentialed right away, even if you’re still several months away from seeing your first patient.

📖 For the BLOG on this topic, visit: https://www.aegismalpractice.com/malpractice-insights/how-long-does-it-take-to-get-malpractice-insurance-setup

2:00 Selecting an agent
3:37 Obtaining quotes and reviewing coverage options
4:08 Completing your application
4:47 Reviewing your offers and binding coverage
5:20 Paying your premium
6:20 Let Aegis help!

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

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🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit https://www.gripmediaindiana.com

How Much Commission Does My Malpractice Insurance Agent Make? And Does That Affect MY COST?

Wed, 15 Jun 2022 08:00:00 -0400

While it doesn’t cost you anything to work with an agent, they must get paid somehow, right? Of course. And the answer is that they get paid a commission by the insurance carriers. So, how much commission does your malpractice insurance agent really make? And does it affect the cost of your coverage?

In today’s episode, we’re going to give you all the inside information on how malpractice insurance agents make money – and we’ll give you 3 ways to check to make sure you’re working with a good one.

📖 For the BLOG on this topic, visit: https://www.aegismalpractice.com/malpractice-insights/how-much-commission-does-my-malpractice-insurance-agent-make

1:43 Why doctors use malpractice insurance agents
2:03 Differences between independent agents and direct agents
3:09 Rates with agents/carriers
3:58 Agent commissions and variables
6:09 How to know if you're working with the right agent
8:02 Let Aegis help!

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

**********Follow us on Social Media**********

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🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit https://www.gripmediaindiana.com

Do I Need Malpractice Insurance For My Corporation?

Wed, 08 Jun 2022 08:00:00 -0400

Interacting with patients on a daily basis exposes you, your employees, and your practice to professional liability. And, while it’s pretty well-known that doctors and healthcare providers need to carry malpractice insurance, one of the most common mistakes that we see is forgetting to cover your medical corporation.

In today’s episode we’re going to talk about malpractice coverage for medical corporations – why they need to be covered, how to get them covered, and what’s the best (and most cost-effective) way to do so.

📖 For the BLOG on this topic, visit: https://www.aegismalpractice.com/malpractice-insights/do-i-need-malpractice-insurance-for-my-corporation

1:24 Why does my corporation need malpractice insurance?
2:30 How do you obtain malpractice insurance for a business entity or corporation?
3:13 Shared Limits Option
4:19 Separate Limits Option
5:40 Corporate Malpractice Insurance Costs
6:59 Let Aegis Help!

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

**********Follow us on Social Media**********

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🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit https://www.gripmediaindiana.com

How Often Are Doctors Sued? What EVERY Doctor Should Know!

Wed, 01 Jun 2022 08:00:00 -0400

To err is human… and yet, healthcare providers can still be blindsided when they’re hit with a malpractice claim or have an unexpected outcome after a case. It’s the last thing you want to deal with and it can certainly be a blow emotionally, physically, and sometimes financially.

But, how often are doctors really sued? Is there a certain specialty or gender that is sued more often? Does age or practice location have any affect on the likelihood of being named in a malpractice claim? In today’s episode we’re going to answer these questions and help unpack this topic in a bit more detail so that you can have a better understanding of your personal exposure and then take the appropriate steps to educate and protect yourself.

📖 For the BLOG on this topic, visit: https://www.aegismalpractice.com/malpractice-insights/how-often-are-doctors-sued-and-why

1:49 Statistics About Doctors and Claims
3:28 Top Reasons Patients Sue
4:41 Which Specialties are Sued the Most?
5:36 Practice Location and Claim Probability
6:26 Age and Claim Probability
7:21 Gender and Claim Probability
7:59 Key Takeaways
9:15 Let Aegis Help!

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

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🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit https://www.gripmediaindiana.com

Confusing Malpractice Terms and What They Actually Mean!

Wed, 25 May 2022 08:00:00 -0400

Like most industries, the medical malpractice insurance world consists of a lot of acronyms, confusing terms, and other jargon that can make even the smartest people’s eyes cross.

Today we’re going to simplify things a bit by breaking down 10 of the most common (and confusing) malpractice insurance terms. We’ll tell you what they mean and why they’re important so that you can read your policy… and actually know what you’re talking about.

📖 For the BLOG on this topic, visit: https://www.aegismalpractice.com/malpractice-insights/confusing-malpractice-terms-amp-what-they-actually-mean

1:19 Earned, Unearned, and Minimum Earned Premium
4:30 Experience Rating
5:52 Vicarious Liability
6:39 Retro Date Inception (RDI)
8:07 Incurred But Not Reported (IBNR)
9:07 Allocated Loss Adjustment Expenses (ALAE)
9:50 Expense, Loss, and Combined Ratios
11:12 Let Aegis Help!

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

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🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit https://www.gripmediaindiana.com

WHEN and HOW Should You Shop for Malpractice Insurance?

Wed, 18 May 2022 08:00:00 -0400

If you’re buying your own malpractice insurance, you know first-hand how important it is to find a quality insurance policy WITHOUT breaking the bank. And once you’ve secured your coverage for the first time, it’s easy to just put things on autopilot… and set it & forget it.

In today’s episode we’re going to talk about how OFTEN you should be shopping around for malpractice insurance – and why it’s important that you do. There’s a delicate balance between being a savvy consumer and be an overly aggressive shopper. We’re going to show you how to strike the perfect balance and give you the resources you need to go to market, so you can feel confident that you have the best malpractice coverage at the best price.

📖 For the BLOG on this topic, visit: https://www.aegismalpractice.com/malpractice-insights/how-often-should-i-shop-around-for-malpractice-insurance-quotes

2:01 WHY you should shop around
5:56 HOW you should shop around
6:55 Pitfalls to avoid
9:38 Let Aegis help!

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

**********Follow us on Social Media**********

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🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit https://www.gripmediaindiana.com

RETIRING MEDICAL PROFESSIONAL? What you need to know about your malpractice insurance

Wed, 11 May 2022 08:00:00 -0400

As a doctor approaches retirement, there are a variety of things on his “to-do” list to ensure that everything is wrapped up before he hangs up his white coat for the last time. Malpractice insurance is one of the most important things to consider in these later years.

In today’s episode we’re going to give you a check-list of the KEY things you need to be considering BEFORE you retire, AT your retirement, and AFTER your retirement. Armed with this information, you’ll be setup for success to begin your conversations on how best to proceed as you wind down your medical malpractice coverage… saving you a little money and ensuring your long-term protection.

📖 For the BLOG on this topic, visit: https://www.aegismalpractice.com/malpractice-insights/malpractice-insurance-amp-retirement-what-you-need-to-know-as-you-enter-your-final-years-in-practice

1:31 Key Considerations BEFORE Retirement
4:41 Key Considerations AT Retirement
8:00 Key Considerations AFTER Retirement
9:53 Let Aegis Help!

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

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🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit https://www.gripmediaindiana.com

Understanding Your Certificate of Insurance and Declaration Page

Wed, 04 May 2022 08:00:00 -0400

If you’re looking for proof of your medical malpractice insurance, there are 2 key documents that you’ll want to be familiar with in order to show that you’re covered – your Certificate of Insurance and your policy Declaration Page. But what exactly are these documents? How do you read them? And why are they important?

In today’s episode we’re going to teach you all about these important forms so that you can easily understand your malpractice insurance policy details… AND supply your credentialing information to the necessary parties so that you can ensure smooth sailing in your medical practice.

📖 For the BLOG on this topic, visit: https://www.aegismalpractice.com/malpractice-insights/what-is-a-malpractice-declaration-page-or-certificate-of-insurance

1:53 Certificate of Insurance
4:59 Declaration Page
7:13 When and Why You Need These Documents
8:32 Let Aegis Help!

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

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🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit https://www.gripmediaindiana.com

FIVE Ways to Earn FREE TAIL INSURANCE

Wed, 27 Apr 2022 08:00:00 -0400

Tail insurance can be a huge financial burden for healthcare providers when they cancel their malpractice coverage. But did you know that you can earn FREE tail insurance with most carriers? In today’s episode we’re going to give you 5 ways to earn free tail insurance on your malpractice policy.

We’ll go over the most common reasons that carriers issue free tail and I’ll give you 2 lesser-known ways to avoid the hefty tail cost.

🚨🚨🚨FREE DOWNLOAD 🚨🚨🚨
Guide to Understanding the Differences Between Claims-Made and Occurrence Coverage: https://www.aegismalpractice.com/malpractice-insights/2019/4/18/whats-the-difference-between-claims-made-and-occurrence-malpractice-coverage

📖 For the BLOG on this topic, visit: https://www.aegismalpractice.com/malpractice-insights/how-to-earn-free-tail-insurance-2

1:24 What exactly is tail insurance?
2:36 Tail Insurance Example
4:00 Death or Disability
4:47 Retirement
6:23 Many Consecutive Years of Coverage
7:34 Enhanced or Convertible Claims-Made Policy

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

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🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit https://www.gripmediaindiana.com

Why Malpractice Insurance Policies Can Get Non-Renewed

Wed, 20 Apr 2022 08:00:00 -0400

Receiving a letter of non-renewal from your malpractice insurance company can be incredibly stressful and frustrating. And often it comes out of nowhere. So why do malpractice policies get non-renewed? What factors does an underwriter consider when determining whether or not to keep a risk on the books?

In today’s episode we’re going to give you the 6 reasons why a malpractice insurance policy may get non-renewed, what you can do to avoid it, and what steps you should take immediately after receiving a non-renewal notice so that you can ensure your coverage for the years to come.

For the BLOG on this topic, visit: https://www.aegismalpractice.com/malpractice-insights/why-do-malpractice-policies-get-non-renewed

0:00 Intro
1:25 What does the non-renewal process look like?
3:55 Reason 1 - Claim activity
5:54 Reason 2 - Increased risk exposure
7:38 Reason 3 - Consistent late payment
9:00 Reason 4 - Licensure issues or board action
10:05 Reason 5 - Fraud
10:50 Reason 6 - Carrier is exiting the market
12:05 What to do after receiving a non-renewal notification
13:49 Let Aegis help!

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

**********Follow us on Social Media**********

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🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit https://www.gripmediaindiana.com

Which Doctors Have the Highest and Lowest Malpractice Insurance Premiums?

Wed, 13 Apr 2022 08:00:00 -0400

Malpractice insurance is one of the top expenses for a healthcare provider. And it’s one of the most important things they can buy to protect their good name... and their bank account. But you might be curious to know - which doctors pay the most for their insurance and which ones pay less?

In today’s episode, we’re going to talk about how doctors’ malpractice insurance premiums are calculated and the various tiers by specialty to better understand – who pays the most and who pays the least when it comes to medical malpractice insurance.

📖 For the BLOG on this topic, visit: https://www.aegismalpractice.com/malpractice-insights/which-doctors-have-the-highest-and-lowest-malpractice-insurance-premiums

💻Understanding Medical Specialty Rating - https://youtu.be/aZjjhHBGx18
💻Malpractice Rates and Trends by State - https://youtu.be/Uwxv8t1j7zw
💻How are Malpractice Premiums Calculated? - https://youtu.be/TL3SyQMRmLw

0:00 Intro
1:25 Medical Specialties and Pricing
2:53 Classes and Pricing
3:44 General Pricing Tiers - By Specialty
7:12 Key Drivers of Your Malpractice Ins. Price
8:38 Let Aegis Help!

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

**********Follow us on Social Media**********

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🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit https://www.gripmediaindiana.com

Do I need to purchase tail insurance before switching malpractice carriers?

Wed, 06 Apr 2022 08:00:00 -0400

Sometimes tail insurance can feel like a ball and chain for a healthcare provider – and for good reason. It’s an expensive, yet critical part of ensuring your long-term protection against malpractice claims.

Many times tail can feel like a huge hurdle for doctors who are considering making a change with their malpractice coverage. In fact, some doctors feel handcuffed to their current insurance because they’re just too worried about their tail to even consider making a change to their coverage. We often get the question – Do I need to purchase tail insurance before I switch malpractice companies?

In today’s episode we’re going to answer this question for you and give an example of what this might look like in real life. Plus we’ll educate you on the 2 exceptions that you need to be aware of, so that you can confidently consider your malpractice alternatives in the years ahead.

📖 For the BLOG on this topic, visit: https://www.aegismalpractice.com/malpractice-insights/do-i-need-to-purchase-tail-insurance-before-i-switch-malpractice-companies

0:00 Intro
1:44 What is Prior Acts Coverage?
3:11 Example of Prior Acts Coverage
6:40 When You WOULD Have to Get Tail Insurance
8:49 Let Aegis Help!

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

**********Follow us on Social Media**********

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YouTube: https://www.youtube.com/channel/UCyDVJQuU4ihcZl3gcL6L16A

🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit https://www.gripmediaindiana.com

What is a Claim History or Loss Run?

Wed, 30 Mar 2022 08:00:00 -0400

In order for a hospital or potential employer to get you credentialed, they need to know about your malpractice claim history. And a common way for them to pull this information is to request a claim history report or a loss run on your behalf.

But what exactly is a claim history report or a loss run? Where do you get them? What information is disclosed? And why is it important for a doctor? In today’s episode we’re going to teach you all about claim histories and loss run reports so that you can utilize them for credentialing, for your malpractice applications, and for your own personal records going forward.

📖 For the BLOG on this topic, visit: https://www.aegismalpractice.com/malpractice-insights/what-is-a-claim-history-or-loss-run

***For a copy of the CLAIM HISTORY / LOSS RUN REPORT, CLICK HERE ***

0:00 Intro
1:24 What is a loss run?
2:40 Examining a sample loss run
3:28 When and how are loss runs collected?
5:12 Let Aegis help!

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

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🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit https://www.gripmediaindiana.com

Who Pays for Malpractice Insurance?

Wed, 23 Mar 2022 08:00:00 -0400

Malpractice insurance is one of the top expenses for a practicing healthcare provider. But when it comes to actually paying for the coverage, there are a variety of ways that it can be done.

In today’s episode we’re going to talk about the 4 different individuals and/or entities that can be responsible for paying for malpractice insurance – along with the advantages and disadvantages of each. Armed with this information, you’ll be better equipped to negotiate terms with potential employers and be educated on the potential risks that you’ll be faced with as you decide which option is right for you.

📖 For the BLOG on this topic, visit: https://www.aegismalpractice.com/malpractice-insights/who-pays-for-malpractice-insurance

🖥️Malpractice Insurance for Employed Physicians https://www.youtube.com/watch?v=AtKqKwFrdiA

0:00 Intro
1:26 You Pay
3:16 Your Employer Pays
5:24 Third Party or Contracted Entity Pays
7:51 Combination of Payment Options
9:15 Let Aegis Help!

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

**********Follow us on Social Media**********

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YouTube: https://www.youtube.com/channel/UCyDVJQuU4ihcZl3gcL6L16A

🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit https://www.gripmediaindiana.com

Which Malpractice Carrier Is Best?

Wed, 16 Mar 2022 08:00:00 -0400

So, you need to get malpractice insurance. You get a few quotes for options, but how do you really know which malpractice carrier is best? Unless you’re an expert in the malpractice field, it can be difficult to know what carriers are even available… and which ones should you really be looking at for your personal protection.

In today’s episode, we’re going to give you the 10 key things to look at when you’re comparing malpractice carriers. It’s important that you not only find the right priced insurance, but also the best quality coverage so that your good name, assets, and reputation are protected for years to come.

📖 For the BLOG on this topic, visit: https://www.aegismalpractice.com/malpractice-insights/which-malpractice-carrier-is-best

🖥️Claims-Made vs. Occurrence Coverage Case Studies https://www.youtube.com/watch?v=9kWic4YXllA&t=8s

🖥️Consent to Settle https://www.youtube.com/watch?v=NJx-nVStEM4

0:00 Intro
1:58 Consideration 1 - Price
3:27 Consideration 2 - Available Policy Types
4:10 Consideration 3 - In What States Do They Write Policies?
4:43 Consideration 4 - How Long Have They Been In Business?
5:22 Consideration 5 - Trial Win Rate and Claim Experience
6:23 Consideration 6 - Experience Level In Your State
7:17 Consideration 7 - Consent To Settle
7:54 Consideration 8 - What Risk Management Services Are Offered?
8:33 Consideration 9 - Perks
9:37 Consideration 10 - Other Value-Added Services
10:18 Let Aegis Help!

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

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🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit https://www.gripmediaindiana.com

How to Cancel Your Malpractice Insurance Coverage

Wed, 09 Mar 2022 08:00:00 -0500

There can be a variety of reasons why a healthcare provider needs to cancel their malpractice insurance. But did you know that there’s a RIGHT way to make those requests? And a WRONG way?

In today’s episode we’re going to be talking about cancelling your
malpractice insurance. We’ll give you 3 tips on how to cancel your malpractice insurance the RIGHT way and how to avoid penalties.

PLUS we’ll talk about under what circumstances your malpractice carrier may cancel your malpractice insurance ON YOU.

📖 For our blog on this topic, visit: https://www.aegismalpractice.com/malpractice-insights/how-to-cancel-your-malpractice-insurance

0:00 Intro
1:18 Tip 1
3:03 Tip 2
3:52 Tip 3
5:43 When Your Malpractice Insurance Carrier Can Cancel on You
8:44 Let Aegis Help!

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

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YouTube: https://www.youtube.com/channel/UCyDVJQuU4ihcZl3gcL6L16A

🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit https://www.gripmediaindiana.com

Occurrence vs. Claims-Made Case Studies (Real Life Examples)

Wed, 02 Mar 2022 08:00:00 -0500

In today’s episode we’re going to show you 3 real-life examples of Claims-Made and Occurrence quote options for various healthcare providers across the country. We’ll look at the differences in rate, long-term cost comparisons, and ultimately which option each provider picked for his or her practice – and I’ll show you how they came to their decision.

And by the end of this episode you’ll have some tangible examples to help you make your own choice when it comes to the malpractice coverage that’s right for you.

📖 For our blog on this topic, visit: https://www.aegismalpractice.com/malpractice-insights/occurrence-vs-claims-made-real-life-examples

🖥️ Claims-Made vs. Occurrence Coverage https://youtu.be/ziBmE9oUh2M

0:00 Intro

1:19 How Doctors Accidentally Go Bare

2:09 The Differences Between Claims-Made and Occurrence Coverage

5:02 Case Study 1

7:18 Case Study 2

9:36 Case Study 3

12:12 Let Aegis Help!

**********Contact us!**********

📱💻 aegismalpractice.com

📞 888.51AEGIS [888.512.3447]

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YouTube: https://www.youtube.com/channel/UCyDVJQuU4ihcZl3gcL6L16A

🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit https://www.gripmediaindiana.com

Accidentally bare? What to do if you find out you don't have malpractice insurance

Wed, 23 Feb 2022 08:00:00 -0500

It can happen… you forget to pay your malpractice premium or your office manager makes a mistake, and all of a sudden it’s 6 months later and you realize that you have no malpractice coverage. You’re accidentally bare. Now what?

In today’s episode we’re going to talk about what you should do if you find that your malpractice insurance has lapsed and you’re uninsured. We’ll give you the immediate steps to take to try and secure new coverage and give you 4 tips on how to ensure this never happens to you again.

📖 For our blog on this topic, visit: https://www.aegismalpractice.com/malpractice-insights/accidentally-bare-what-to-do-if-you-find-that-you-have-no-malpractice-insurance

🖥️ Claims-Made vs. Occurrence Coverage https://youtu.be/ziBmE9oUh2M

🖥️ What Is Retroactive Date? https://youtu.be/f09JxdGKk2k

0:00 Intro
1:19 How Doctors Accidentally Go Bare
2:00 What Happens If You Go Bare?
3:10 What Should You Do If You Find Out You're Bare?
7:08 How to Make Sure You Don't Go Bare
8:36 Let Aegis Help!

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

**********Follow us on Social Media**********

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YouTube: https://www.youtube.com/channel/UCyDVJQuU4ihcZl3gcL6L16A

🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit https://www.gripmediaindiana.com

What Is a Retroactive Date?

Wed, 16 Feb 2022 08:00:00 -0500

The malpractice insurance market uses a lot of acronyms, confusing terms, and other lingo that can be hard to understand if you’re not an industry insider. One of the items that doctors frequently stumble over is the concept of retroactive coverage. So, what exactly is it? What is a policy retroactive date? And why do you need to know about it?

In today’s episode we’re going to explain what a malpractice policy retroactive date is, where you can find yours, and why it’s important.

📖 For our blog on this topic, visit: https://www.aegismalpractice.com/malpractice-insights/what-is-a-retroactive-date-or-retroactive-coverage

🖥️ Claims-Made vs. Occurrence Coverage https://youtu.be/ziBmE9oUh2M

🖥️ What Is Tail Insurance? https://youtu.be/hVAwirHxI1g

0:00 Intro
1:18 Claims Made vs. Occurrence Coverage
1:50 Occurrence Coverage Example
3:16 Claims-Made Example
4:43 How Retroactive Date Works
6:16 Prior Acts Coverage
7:00 Tail Insurance
8:07 Claims-Made Pricing
10:27 Where Do You Find Your Retroactive Date?
11:04 Let Aegis Help!

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

**********Follow us on Social Media**********

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YouTube: https://www.youtube.com/channel/UCyDVJQuU4ihcZl3gcL6L16A

🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit https://www.gripmediaindiana.com

Should I Have More Than One Malpractice Insurance Policy?

Wed, 09 Feb 2022 08:00:00 -0500

If you’re an employed physician, it’s likely that your malpractice insurance is being provided for you by your employer. But while it might seem convenient for your insurance to be taken care of, there may be limitations in your malpractice policy that you are not aware of. We often get questions from doctors who want to know – should I have more than 1 malpractice policy?

In today’s episode we’re going to talk about the reasons why you might want to consider having supplemental malpractice insurance – and what kind of insurance you should get.

📖 For our blog on this topic, visit:

0:00 Intro
1:30 Am I covered for "outside" work?
3:25 How much does supplemental insurance cost?
4:43 What kind of insurance is best for supplemental coverage?
6:00 Comparing Occurrence vs. Claims-Made coverage
8:52 Let Aegis help!

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

**********Follow us on Social Media**********

Facebook: https://www.facebook.com/AegisMalpractice/

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YouTube: https://www.youtube.com/channel/UCyDVJQuU4ihcZl3gcL6L16A

🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit https://www.gripmediaindiana.com

The Most Important Malpractice Insurance Documents to Keep

Wed, 02 Feb 2022 08:00:00 -0500

Like most insurance companies, malpractice carriers are known for their paperwork – applications, statutory notices, invoices, 100-page policies… it can be a lot and can easily overwhelm your filing cabinet. But when a claim hits or you need to go back and figure out which insurance carrier you had for “that one locums assignment” a few years ago, you’ll wish you kept your malpractice records in better order.

Today, we’re going to talk about the 6 things that every doctor needs to KEEP for their malpractice records.

📖 For our blog on this topic, visit: https://www.aegismalpractice.com/malpractice-insights/the-most-important-documents-for-you-to-keep-for-your-malpractice-records

0:00 Intro
1:38 Document 1: Your Employment Contract
3:11 Document 2: Your Certificate of Insurance
4:17 Document 3: Your Tail Endorsement
5:17 Document 4: Claim History Reports
6:15 Document 5: Documents Related to Claim Activity
6:41 Document 6: Contact Information for All Former Employers
7:30 How should I save these documents?
8:10 Let Aegis help!

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

**********Follow us on Social Media**********

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🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit https://www.gripmediaindiana.com

When Should I Get Malpractice Insurance?

Wed, 26 Jan 2022 08:00:00 -0500

We’re often asked by residents and fellows how soon should I start looking for malpractice insurance? While you don’t want to start the process too soon, there are advantages to kicking things off early to get an idea of how much it’s going to cost you, what kind of coverage you need, and how soon you can get your proof of insurance.

In today’s episode we’re going to give you an overview of the malpractice insurance application process – how long it takes, when you should get started, and what you need to know to ensure that you have the coverage you need to get credentialed and be on your way.

📖 For our blog on this topic, visit: https://www.aegismalpractice.com/malpractice-insights/how-soon-should-i-get-malpractice-insurance

0:00 Intro
1:24 What is the process for securing malpractice insurance?
2:05 Step 1: Selecting an agent
3:22 Step 2: Obtain quotes and review coverage options
4:17 Step 3: Complete your application
4:56 Step 4: Review your offers and bind coverage
5:33 Step 5: Pay your premium
6:56 Let Aegis help!

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

**********Follow us on Social Media**********

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YouTube: https://www.youtube.com/channel/UCyDVJQuU4ihcZl3gcL6L16A

🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit https://www.gripmediaindiana.com

What is the Best State to Practice Medicine In?

Wed, 19 Jan 2022 08:00:00 -0500

When it comes to medical liability laws and culture, where you live (and practice) does make a difference. But what is the best state to practice medicine in? And what states should you avoid?

Today we’re going to talk about malpractice environments across the United States and give you 5 key things to consider as you’re looking for a place to work or potential states to expand your practice into. And by the end of this episode, you’ll be equipped to navigate the malpractice landscape across America with confidence.

📖 For our blog on this topic, visit: https://www.aegismalpractice.com/malpractice-insights/2019/7/24/medical-malpractice-climates-across-the-us

0:00 Intro
1:19 What is Tort Reform?
2:08 Best States for Doctors
3:54 States with the "Right Culture"
4:42 States with the Highest Risk
6:18 What to Consider Before Expanding Into a New Area
7:23 Benefits of Healthy Tort Reform
8:12 Let Aegis Help!

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

**********Follow us on Social Media**********

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🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit https://www.gripmediaindiana.com

Medical Malpractice and Statute of Limitations: Two Frequently Overlooked Items

Wed, 12 Jan 2022 08:00:00 -0500

In every state, the "statute of limitations" sets a limit on the amount of time a patient has to file a malpractice claim against a healthcare provider. If the plaintiff does not file a lawsuit within this deadline, they lose the right to sue for medical malpractice relating to the incident in question. There are, however, a few exceptions to this rule that are often missed by doctors.

So today, we’re going to talk about TWO frequently overlooked items when it comes to malpractice statute of limitations and what you can do to ensure that you’re protected against claims for the long haul.

📖 For our blog on this topic, visit: https://www.aegismalpractice.com/malpractice-insights/2019/6/26/medical-malpractice-statute-of-limitations-2-frequently-overlooked-items

🩺 To watch our episode explaining TAIL INSURANCE, click here: https://youtu.be/hVAwirHxI1g

0:00 Intro
1:24 Statute of Limitations Variations
2:25 The Discovery Rule
4:13 The Minor Rule
5:34 What does this mean for me?
7:14 Let Aegis help!

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

**********Follow us on Social Media**********

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🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit https://www.gripmediaindiana.com

New Med Grad? Five Questions to Ask Potential Employers About Malpractice Insurance

Wed, 05 Jan 2022 08:00:00 -0500

A lot is happening when physicians are looking for their first professional position. They are finishing training, taking their boards, and trying to decide where they may want to live and practice medicine. But as overwhelming as that may be, it’s incredibly important that you do your due diligence as you decide which practice is the right fit for you - and make sure you know how you'll be protected from malpractice risks in the future.

In today’s episode we’re going to give you FIVE QUESTIONS to ask potential new employers to put you in the driver’s seat and make sure you get the RIGHT malpractice protection.

📄 For your CHEAT SHEET discussing what to ask potential employers about malpractice insurance, click here: https://documentcloud.adobe.com/link/track?uri=urn:aaid:scds:US:40f77b9c-9606-4bd4-b299-a240318b8ffa

🩺 To watch our episode discussing CLAIMS-MADE vs. OCCURRENCE COVERAGE, click here: https://youtu.be/ziBmE9oUh2M

🩺 To watch our episode explaining TAIL INSURANCE, click here: https://youtu.be/hVAwirHxI1g

📖 For our blog on this topic, visit: https://www.aegismalpractice.com/malpractice-insights/2019/3/27/new-grads-5-questions-to-ask-about-your-group-malpractice-coverage

0:00 Intro
2:08 Question 1: What type of policy is it?
4:53 Question 2: Who will be paying for your policy?
5:34 Question 3: Are you covered on a shared limits basis or do you have your own individual policy limit?
7:11 Question 4: Is coverage limited to your scope and duty as an employee of the medical group?
8:33 Question 5: Do you have consent to settle?
10:40 Let Aegis help!

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

**********Follow us on Social Media**********

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🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit https://www.gripmediaindiana.com

COVID-19: The Impact on the Malpractice Market and Claim Litigation 2021

Wed, 29 Dec 2021 08:00:00 -0500

Since the spring of 2020, as the world braced itself for the unknowns of a global pandemic, the Medical Professional Liability market has been holding its breath to see how COVID-19 will affect healthcare liability in America. Shortages of PPE, inadequate testing capabilities and overrun hospital emergency rooms painted a frightening picture for all of us.

So where are we now? What is the true impact of COVID-19 on the medical malpractice market? And what’s happening with COVID claims? Today we’re going to give you an update on the state of the market, nearly 2 years in.

📖 For our blog on this topic, visit: https://www.aegismalpractice.com/malpractice-insights/covid-19-the-impact-on-the-malpractice-market-and-claim-litigation-2021

📖 For the blog covering COVID-19 Q&A, visit: https://www.aegismalpractice.com/malpractice-insights/2020/3/23/covid-19-malpractice-coverage-questions-answers

0:00 Intro and Welcome
2:41 What COVID-19 trends are we seeing?
4:50 Available Immunity
6:13 Where are case levels now?
6:44 COVID-19 and telemedicine updates
7:32 How is COVID-19 affecting malpractice insurance costs?
8:23 Why you need a knowledgeable agent

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

**********Follow us on Social Media**********

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🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit https://www.gripmediaindiana.com

What is the Indiana Medical Malpractice Act and Patient Compensation Fund?

Wed, 22 Dec 2021 08:00:00 -0500

Medical malpractice laws can vary widely from state to state, particularly as it relates to statutes of limitations, the legal process, liability, and damages. And if you are a doctor practicing in the Hoosier state, you know that Indiana is one of the most doctor-friendly states to practice in – but it does have it’s complexities.

In this episode we’re going to talk about the Indiana Medical Malpractice Act, the Patient Compensation Fund, and we’re going to explain how the cap on damages works to protect Indiana doctors and keep malpractice rates low.

📖 For the BLOG covering this topic, visit: https://www.aegismalpractice.com/malpractice-insights/2019/5/22/understanding-the-indiana-medical-malpractice-act

0:00 Intro and Welcome
2:12 What makes Indiana's medical malpractice law unique?
3:28 What is the Indiana Patient Compensation Fund?
4:45 How do premiums work in Indiana compared to other states?
5:55 How does the Medical Malpractice Act and Patient Compensation Fund help prevent frivolous lawsuits?
7:25 Is participation in the Indiana Patient Compensation Fund mandatory?
8:21 Advice for doctors regarding the MMA and PCF
9:00 Let Aegis help!

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

**********Follow us on Social Media**********

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YouTube: https://www.youtube.com/channel/UCyDVJQuU4ihcZl3gcL6L16A

🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit https://www.gripmediaindiana.com

Taking a Leave of Absence - Key Malpractice Insurance Considerations

Wed, 15 Dec 2021 16:00:00 -0500

From time to time, it may become necessary for a physician to take a leave of absence from their medical practice. It could be due to an illness, maternity leave, military leave, going back for additional training, or simply taking an extended vacation. Regardless of the reason why, it’s important for you to plan ahead and make the necessary arrangements with your practice for your time away. So, what should you do with your malpractice insurance while you’re gone?

Today we’re going to talk about how to take a leave of absence and handle your malpractice insurance appropriately so that you can have peace of mind while you’re away from your practice.

📖 For the BLOG covering this topic, visit: https://www.aegismalpractice.com/malpractice-insights/2019/7/4/taking-a-leave-of-absence-key-malpractice-considerations

0:00 Intro and Welcome
1:53 Option 1: Suspending Your Coverage
3:01 Option 2: Cancellation
3:53 Option 3: Locum Tenens
4:49 Option 4: Part-time Adjustments
5:21 Next Steps for Physicians and Practice Administrators
5:53 Let Aegis help!

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

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🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit https://www.gripmediaindiana.com

Understanding the Non-Standard Malpractice Insurance Market

Wed, 08 Dec 2021 08:00:00 -0500

If you’ve ever had a malpractice application declined or had coverage non-renewed, it can be worrisome and frustrating. But, don’t worry... It happens. And in today’s market, there are coverage solutions for nearly every situation -whether it's rebuilding your practice after a licensure issue, recovering from several adverse claim events, or looking for insurance for a unique type of practice. The non-standard malpractice market has more options than ever.

In today’s episode we’re going to give you a crash course on the non-standard malpractice market, explain why doctors end up there, and discuss how you can move forward with confidence.

📖 For the BLOG covering this topic, visit: https://www.aegismalpractice.com/malpractice-insights/2019/7/10/w3iyme99xoyc4lq5xxcajbs1ynd3fo

0:00 Intro and Welcome
1:54 What is the difference between standard and non-standard coverage?
3:24 Why a physician may need non-standard coverage
5:43 Why providers need a knowledgeable malpractice insurance agent
6:21 Let Aegis help!

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

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🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit https://www.gripmediaindiana.com

Understanding Medical Rating and Procedure Changes with Your Malpractice Insurance

Wed, 01 Dec 2021 08:00:00 -0500

Today we're digging into medical specialties to help you understand how your rate is calculated and what you need to know before you ADD or REMOVE procedures from your practice so that you can scale your practice with confidence.

📖 For the BLOG covering this topic, visit: https://www.aegismalpractice.com/malpractice-insights/2019/7/31/understanding-medical-specialty-ratings-and-procedure-changes

❗❗❗To watch the episode about Claims-Made vs. Occurrence Coverage, click here: https://youtu.be/ziBmE9oUh2M

0:00 Intro and Welcome
1:18 Medical Specialty Malpractice Insurance Levels
4:12 Lowering Your Rating Classification
6:22 Raising Your Rating Classification
8:00 Let Aegis Help!

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

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🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit https://www.gripmediaindiana.com

Understanding Consent to Settle in your Malpractice Insurance Policy

Wed, 24 Nov 2021 08:00:00 -0500

Arguably one of the most over-looked yet incredibly important aspects of your malpractice insurance policy is the Consent to Settle Provision. You’re paying thousands of dollars a year for your malpractice insurance... you should have a say in how your claims are handled, don’t you think? In this episode, we're going to talk about the consent to settle provision –why it’s important, how carriers can limit you, and what you can do to ensure that you’re in the driver’s seat for the handling of your malpractice claims in the future.

0:00 Intro and Welcome
1:47 Understanding consent to settle
2:40 Why you may not want to settle a case
4:04 Hammer Clause
4:49 Pure Consent Clause
5:25 Standard Hammer Clause
6:43 Pounding Hammer Clause
7:15 Modified Hammer Clause
7:52 Consent to Settle Tips
9:09 Let Aegis help!

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

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🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit https://www.gripmediaindiana.com

What To Do When Your Malpractice Insurance Carrier Goes Out of Business

Wed, 17 Nov 2021 08:00:00 -0500

It’s the news you don’t want to hear –your malpractice insurance carrier is going out of business. So, what does that mean for you? Will you be covered in the event of a claim? How do you find new coverage quickly? In today’s episode, we’re giving you the 5 steps that you should take immediately after finding out that your malpractice insurance carrier is closing its doors so that you can take quick action to secure your coverage going forward.

📖 For the BLOG covering this topic, visit: https://www.aegismalpractice.com/malpractice-insights/2019/7/17/what-to-do-when-your-malpractice-carrier-goes-out-of-business

0:00 Intro
0:38 Welcome
1:39 What to do if your malpractice insurance carrier goes out of business
2:10 Tip 1: Contact a knowledgeable malpractice insurance agent
3:05 Tip 2: Review your coverage to determine your insurance needs
4:35 Tip 3: Shop the market
5:27 Tip 4: Thoroughly compare your coverage options
6:17 Tip 5: Consult with your agent and move promptly to your new company
7:05 Let Aegis help!

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

**********Follow us on Social Media**********

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YouTube: https://www.youtube.com/channel/UCyDVJQuU4ihcZl3gcL6L16A

🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit https://www.gripmediaindiana.com

Malpractice Insurance for NPs, PAs, CRNAs, and Other Advanced Practitioners

Wed, 10 Nov 2021 08:00:00 -0500

Today's healthcare liability landscape is changing and the risk for advanced practitioners is increasing more and more. And as the scope of practice for NPs, PAs, CRNAs, and other midlevel practitioners continues to expand, the liability grows, as well.

So, what’s the best way to insure your Nurse Practitioner, Physician's Assistant, CRNA, RN, Aesthetician, and the rest of your staff? And what options do you have if you're an advanced practitioner working independently?

In today’s episode, we’ll address these questions and more to help you understand malpractice insurance for advanced practitioners.

📖 For the BLOG covering this topic, visit: https://www.aegismalpractice.com/malpractice-insights/2019/6/5/malpractice-insurance-for-allied-providers

0:00 Intro
1:01 Welcome
2:04 Malpractice Insurance for Advanced Practitioners
2:26 Option 1: Coverage Under the Supervising Physician
4:32 Option 2: Coverage Under the Employer/Corporation
6:46 Option 3: Individual Coverage
8:18 How Do You Decide Which Option is Right for You?
9:51 Let Aegis Help!

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

**********Follow us on Social Media**********

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YouTube: https://www.youtube.com/channel/UCyDVJQuU4ihcZl3gcL6L16A

🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit https://www.gripmediaindiana.com

Malpractice Insurance for Employed Physicians

Wed, 03 Nov 2021 08:00:00 -0400

Nearly 70% of physicians and surgeons are employed by hospitals, health systems, or other organizations. And for most of those doctors, their malpractice insurance is provided for them. But while it might seem convenient for your insurance to be taken careof by your employer, there may be limitations in your malpractice policy that you are not aware of.

In today’s episode, we’re going to talk about the 3 biggest areas of risk for employed physicians...and give you specific action items for each, so that youcan practice confidently in the years to come.

0:00 Intro
0:44 Welcome
1:47 Malpractice Insurance for Employed Physicians
2:18 Critical Issue #1: Limited Scope and Duty Coverage
4:14 Critical Issue #2: Individual Defense
7:13 Critical Issue #3: Consent to Settle
8:56 Let Aegis Help!

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

**********Follow us on Social Media**********

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YouTube: https://www.youtube.com/channel/UCyDVJQuU4ihcZl3gcL6L16A

🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit https://www.gripmediaindiana.com

Malpractice Insurance for Telemedicine

Wed, 27 Oct 2021 08:00:00 -0400

Telemedicine is on the rise and even traditional medical practices are looking to remote care as a way to expand their services to their patients. But telemedicine can bring new risks and intricacies to your practice that need to be addressed and covered appropriately. In today’s episode, we’re going to talk about malpractice insurance considerations for telemedicine and give you 5 tips to help you obtain the coverage you need to protect your practice in the years ahead.

📖 For the BLOG covering this topic, visit: https://www.aegismalpractice.com/malpractice-insights/2019/6/19/malpractice-insurance-considerations-for-telemedicine-providers-and-groups

0:00 Intro
0:40 Welcome
1:45 Malpractice Insurance for Telemedicine
2:40 Tip 1
3:37 Tip 2
4:28 Tip 3
5:22 Tip 4
8:15 Tip 5
9:15 Let Aegis help!

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

**********Follow us on Social Media**********

Facebook: https://www.facebook.com/AegisMalprac...

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YouTube: https://www.youtube.com/channel/UCyDV...

🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit https://www.gripmediaindiana.com

Malpractice Insurance for Fellows

Wed, 20 Oct 2021 08:00:00 -0400

In medical school and residency, you never really had to worry about malpractice insurance. But once you get to fellowship, you’re starting to tune in a bit more about coverage options– to ensure you’re covered now and explore what it might look like for you in the future. In today’s episode we’re going to talk about malpractice insurance for fellows– what you need to know NOW and what you need to know as you prepare to enter the real world of healthcare.

❗❗❗FREE DOWNLOAD ❗❗❗

📖 For the BLOG covering this topic, visit: https://www.aegismalpractice.com/malpractice-insights/2019/5/29/malpractice-insurance-considerations-for-fellows

0:00 Intro
0:38 Welcome
1:41 Malpractice Insurance for Fellows
2:21 What Fellows Should Know (1)
3:06 What Fellows Should Know (2)
4:44 What Fellows Should Know (3)
5:35 What Fellows Should Know (4)
6:41 What Fellows Should Know (5)
7:12 What Happens After Your Fellowship Program?
8:28 Let Aegis Help

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

**********Follow us on Social Media**********

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🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit https://www.gripmediaindiana.com

Malpractice Insurance for Locum Tenens Providers

Wed, 13 Oct 2021 08:00:00 -0400

In today’s busy and complex healthcare landscape, using locum tenens providers is becoming a standard part of staffing. And if you’re a physician that’s considering doing locum tennis either as a full-time job or as a supplement to your current work, you need to make sure your malpractice insurance is handled correctly. So, before you jump into your first locums assignment, we’re going to give you 3 things that you MUST know to ensure that you’re protected.

📖 For the BLOG covering this topic, visit: https://www.aegismalpractice.com/malpractice-insights/2019/5/15/malpractice-insurance-considerations-for-locum-tenens-providers

0:00 Intro
0:38 Welcome
1:41 What is locum tenens and when do physicians typically become locum tenens providers?
3:10 What to know if working with a locum tenens placement agency
4:34 What to know if you are filling in for a friend or colleague
6:08 What to know about locum tenens and hidden tail insurance risks
8:28 Let Aegis help!

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

**********Follow us on Social Media**********

Facebook: https://www.facebook.com/AegisMalprac...

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🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit https://www.gripmediaindiana.com

Malpractice Insurance for Moonlighting Physicians

Wed, 06 Oct 2021 08:00:00 -0400

Moonlighting is becoming more and more popular in today’s healthcare landscape. And if you’re a physician that’s considering a side-gig or work outside of your current employment, there are some critical things that you need to know about your malpractice insurance. Today we’re going to give you 4 must-know tips so that you can confidently step into a moonlighting opportunity and ensure that you’re protected.

📖 For the BLOG covering this topic, visit: https://www.aegismalpractice.com/malpractice-insights/2019/5/8/malpractice-insurance-tips-for-moonlighting-physicians

📱For a refresher on the difference between Claims-Made and Occurrence Coverage, click here: https://youtu.be/ziBmE9oUh2M

0:00 Intro
0:35 Welcome
1:38 Malpractice Insurance for Moonlighting Physicians
2:35 Tip #1
4:02 Tip #2
5:32 Tip #3
7:23 Tip #4
8:18 Let Aegis help!

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

**********Follow us on Social Media**********

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🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit https://www.gripmediaindiana.com

How to Improve Your Bedside Manner

Wed, 29 Sep 2021 08:00:00 -0400

Bedside manner plays a significant role in a patient’s overall healthcare experience. Good bedside manner can lead to higher satisfaction scores, a stronger patient-provider relationship and can lower the likelihood of a medical malpractice claim.

Today we’re going to give you five simple ways to strengthen your relationship with patients and improve your bedside manner.

📖 For the BLOG covering this topic, visit: https://www.aegismalpractice.com/malpractice-insights/2019/2/27/5-simple-ways-to-improve-bedside-manner

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

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🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit https://www.gripmediaindiana.com

Choosing a Malpractice Insurance Agent

Wed, 22 Sep 2021 08:00:00 -0400

Buying medical malpractice insurance can be a time-consuming, frustrating process. There are many different companies to choose from, policy types to understand and coverage nuances that can make it difficult to really know if you’re getting the best coverage at the best price. Today we’re going to talk about how to choose the RIGHT malpractice agent, so that you can lean on a trusted advisor to help you navigate the malpractice insurance waters.

📖 For the BLOG covering this topic, visit: https://www.aegismalpractice.com/malpractice-insights/2019/8/21/choosing-a-malpractice-insurance-agent

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

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🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit https://www.gripmediaindiana.com

What To Do After an Adverse Event

Wed, 15 Sep 2021 08:00:00 -0400

Adverse events are often unavoidable in the practice of medicine. And when it happens, you need to be equipped to know what to do to support your patient and their family, diffuse the situation, and handle it responsibly. Today we’re going to give you 5 tips on what you can do if you’re involved in an adverse outcome situation.

📖 For the BLOG covering this topic, visit: https://www.aegismalpractice.com/malpractice-insights/2019/2/20/5-tips-for-health-care-providers-after-an-adverse-event-occurs

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

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🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit https://www.gripmediaindiana.com

Who Needs Malpractice Insurance?

Wed, 08 Sep 2021 08:00:00 -0400

Interacting with patients on a daily basis exposes you, your employees, and your practice to professional liability. But who exactly needs medical malpractice insurance? And what’s the best way to cover them? Today we’re going to talk about the WHO, WHAT, WHEN, and HOW of malpractice insurance so that you can make sure that you, your practice, and your team are protected.

📖 For the BLOG covering this topic, visit: https://www.aegismalpractice.com/malpractice-insights/2019/3/6/who-needs-medical-malpractice-insurance

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

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🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit gripmediaindiana.com.

How Much Malpractice Coverage Should I Have?

Wed, 01 Sep 2021 08:00:00 -0400

It’s a delicate balance... making sure you have ENOUGH coverage, but not TOO much. And also making sure that you’re not overpaying or underpaying and putting yourself at risk. So how much medical malpractice coverage should you be carrying? Today we’re going to talk about how malpractice limits work and give you some tips on how to select the level of coverage that’s right for you.

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

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🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit gripmediaindiana.com.

What is Tail Insurance?

Wed, 25 Aug 2021 08:00:00 -0400

If you’ve been practicing medicine for any length of time, you’ve probably heard a colleague or two grumbling about tail insurance. But what exactly is it? And why is it such a big deal? Today we’re going to answer some Frequently Asked Questions about Tail Insurance to give you the answers you need so that you can make sure you’re protected in the years to come.

❗️❗️❗️FREE DOWNLOAD❗️❗️❗️
For a free summary of this episode, click here:
https://www.aegismalpractice.com/malpractice-insights/2019/4/24/tail-insurance-faqs

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

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🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit gripmediaindiana.com.

Claims-Made vs. Occurrence Coverage: What's the Difference?

Wed, 18 Aug 2021 08:00:00 -0400

Without a doubt, the #1 question that we’re asked is –What is the difference between Claims-Made and Occurrence malpractice coverage? If that’s a question that you’ve struggled with, you’re not alone! Today we’re going to give you the answers and provide some real-life examples of when you might choose one over the other. And by the end of this episode, you’ll be equipped to make the right choice for protecting your practice for the long haul.

❗️❗️❗️FREE DOWNLOAD❗️❗️❗️
https://www.aegismalpractice.com/malpractice-insights/2019/4/18/whats-the-difference-between-claims-made-and-occurrence-malpractice-coverage

Episode 2: How Are Malpractice Premiums Calculated?
https://youtu.be/TL3SyQMRmLw

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

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🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit gripmediaindiana.com.

Understanding the Malpractice Claim Process

Wed, 18 Aug 2021 08:00:00 -0400

Whether you are a new grad or a veteran healthcare provider, if you have never been involved in a malpractice lawsuit before, you may be curious as to what goes on in a typical claim. In today’s episode, we’re going to walk you through a malpractice claim...beginning to end...so that you can have a better idea of what to expect if it ever happens to you. And stick around to the end, where we’ll give you some GREAT tips on what you can do to make the claim process go as smoothly as possible.

❗️❗️❗️FREE DOWNLOAD❗️❗️❗️
https://www.aegismalpractice.com/malpractice-insights/2019/2/13/understanding-the-medical-malpractice-claim-process

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

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🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit gripmediaindiana.com.

How are Malpractice Premiums Calculated?

Wed, 18 Aug 2021 08:00:00 -0400

Malpractice insurance is one of the top expenses for a practice.
But what makes it so pricey? Today we’re going to look at the 5 main things that affect the cost of your malpractice insurance. By the end of this episode you’ll know the main factors that an underwriter looks at when calculating your rate –and how you can earn premium discounts to help save you money.

❗️❗️❗️FREE DOWNLOAD❗️❗️❗️
https://www.aegismalpractice.com/malpractice-insights/2019/4/11/how-malpractice-premiums-are-calculated

▶️ CLAIMS-MADE vs. OCCURRENCE COVERAGE: What's the Difference?
https://youtu.be/ziBmE9oUh2M

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📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

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YouTube: https://www.youtube.com/channel/UCyDVJQuU4ihcZl3gcL6L16A

🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit gripmediaindiana.com.

What Is Medical Malpractice?

Fri, 30 Jul 2021 14:00:00 -0400

What exactly is medical malpractice? Today we’re going to answer 4 common questions healthcare professionals have on this topic so that you can know what’s expected of you, the potential risks, and how you can protect yourself.

For a quick and easy overview of today's topics, click below!
https://www.aegismalpractice.com/malpractice-insights/2019/2/6/what-is-medical-malpractice

**********Contact us!**********

📱💻 aegismalpractice.com
📞 888.51AEGIS [888.512.3447]

**********Follow us on Social Media**********

Facebook: https://www.facebook.com/AegisMalpractice/

Twitter: https://twitter.com/AegisMedMal

Instagram: https://www.instagram.com/aegismalpractice/

Linked In: https://www.linkedin.com/company/aegis-malpractice-solutions/about/

YouTube: https://www.youtube.com/channel/UCyDVJQuU4ihcZl3gcL6L16A

🎙🎥 Produced by Grip Media Indiana. For more information on how Grip Media can help produce your podcast or video work, visit gripmediaindiana.com.