Innovative Option Now Available For Ob-Gyn Group Medical Malpractice Insurance

Diederich Healthcare is proud to present an innovative and cost-effective option now available to Obstetrics/Gynecology groups for their medical professional liability insurance.  Working with a National “A-Rated Insurance Carrier—participating groups can save 25% or more on their malpractice insurance premiums. The program includes the following activities and resources: In-depth Medical

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Lower Medical Malpractice Insurance Premiums in the Southeast

Doctors have seen the premiums for their professional liability insurance policies decrease for several years in a row throughout the Southeast.  Physicians have enjoyed decreases since 2004 in many states and now often pay less that 50% for their policies than they did six or seven years ago.  Many states

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Tort Reform, Medical Malpractice Caps and Options for Physicians in Oklahoma

Responding to continually increasing premiums in the 1990’s and early 2000’s, many stated enacted tort reform laws imposing limits on non-economic damages believing that exorbitant jury awards were the cause of increasing insurance premiums for physicians, and the imposition of caps on awards would thwart the growing medical malpractice insurance crisis. By

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California Physicians: Know Your Policy Form (Claims Made vs. Claims Paid)

California physicians have a number of options when it comes to shopping for their professional medical liability insurance. A common question from medical physicians is, “Why are claims paid insurance policies less expensive than claims made insurance policies?” A policy that has continued to attract California medical providers is the

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2012 Medical Malpractice Insurance Payout Analysis

The 2015 Medical Malpractice Payout Analysis has been released and is available here. As a service to our clients and all physicians nation-wide, Diederich Healthcare has done an analysis of the medical malpractice payouts in 2011 as recorded by the National Practitioner Data Bank.  Taking the data from the NPDB’s

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Alabama Medical Malpractice Market Update

Multiple events in 2011 have continued to lower medical malpractice premiums in Alabama. Carrier competition has created an Alabama marketplace where the physicians can benefit from lower costs of professional liability coverage. The following changes contributed to the rate decreases many physicians are now seeing in their practices: Medicus Insurance

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Congress OKs Measure Averting 27.4% Physician Pay Cut

The US Senate and House approved a payroll tax package which includes a provision to stave off a 27.4% cut in physician Medicare payments that was scheduled to be effective tomorrow—March 1,2012.   The bill also freezes physicians Medicare payment rates at their existing level until December 31, 2012. To learn

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New York Medical Malpractice Insurance Environment Stabilizes

The US Senate and House approved a payroll tax package which includes a provision to stave off a 27.4% cut in physician Medicare payments that was scheduled to be effective tomorrow—March 1,2012.   The bill also freezes physicians Medicare payment rates at their existing level until December 31, 2012. To learn

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Effects of Healthcare Reform on Medical Malpractice Insurance & Claims

According to the Insurance Information Institute (2011), although “premiums are now stable and the frequency and severity of claims has moderated, some observers see the beginning of a reversal”.  A 2010 study by Conning notes that “medical malpractice profitability cycle has peaked…a number of factors will challenge insurers and possibly

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Florida Medical Malpractice Insurance Market Update

Multiple events in 2011 have continued to lower Florida Medical Malpractice premiums. Carrier competition has created a Florida marketplace where the physicians can benefit from lower costs of professional liability coverage.  The following changes contributed to the rate decreases many physicians are now seeing in their practices: Medicus Insurance Company enters Florida

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