Quarterly Healthcare Advisory
Choose malpractice coverage wisely
All physicians must have malpractice insurance. But all policies aren’t alike. It’s critical to choose one that fits the practice’s needs. Otherwise, the practice could find itself in a tenuous financial and legal situation should someone be sued. This article describes different types of coverage, such as claims-made, tail and nose policies. It also looks at policy provisions that should be carefully examined and offers tips for selecting a carrier.
Choosing the appropriate malpractice insurance will help protect you and your practice. Your CPA and attorney can help lead you through the process. For more information on this topic, please contact your Edelstein healthcare partner today.