Malpractice Insights

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**********

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

Twitter: https://twitter.com/AegisMedMal

Instagram: https://www.instagram.com/aegismalpractice/0

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

**********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

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**********

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

Twitter: https://twitter.com/AegisMedMal

Instagram: https://www.instagram.com/aegismalpractice/0

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

**********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

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]

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

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

Twitter: https://twitter.com/AegisMedMal

Instagram: https://www.instagram.com/aegismalpractice/0

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

**********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

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**********

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

Twitter: https://twitter.com/AegisMedMal

Instagram: https://www.instagram.com/aegismalpractice/0

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

**********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

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]

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

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

Twitter: https://twitter.com/AegisMedMal

Instagram: https://www.instagram.com/aegismalpractice/0

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

**********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

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]

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

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

Twitter: https://twitter.com/AegisMedMal

Instagram: https://www.instagram.com/aegismalpractice/0

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

**********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

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 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]

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

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

Twitter: https://twitter.com/AegisMedMal

Instagram: https://www.instagram.com/aegismalpractice/0

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

**********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

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**********

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

Twitter: https://twitter.com/AegisMedMal

Instagram: https://www.instagram.com/aegismalpractice/0

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

**********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

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**********

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

Twitter: https://twitter.com/AegisMedMal

Instagram: https://www.instagram.com/aegismalpractice/0

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

**********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

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/

Twitter: https://twitter.com/AegisMedMal

Instagram: https://www.instagram.com/aegismalpractice/0

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

**********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