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Affordable Care Act: Tips to Prevent Malpractice Suits for Your Medical Practice

25. October 2013 09:30

With various provisions of the Affordable Care Act taking effect, trial lawyers like James A. Morris, Jr. fear that the increase in insured patients seeking treatment from doctors may translate to an increase in medical malpractice suits. After all, if more people have insurance, more people will seek medical care. And with a greater volume of patient-doctor interactions, there’s a chance for a greater number of medical malpractice lawsuits for a variety of professionals in allied health fields.

Though this logic has been disputed by the American Medical Association, the fear of malpractice suits will likely have a resounding effect on medical practices unsure of what to expect when previously uninsured patients seek medical attention in the coming years.

So how can you prevent a costly malpractice suit from financially devastating your practice? Read on to find out.

3 Tips to Prevent Medical Malpractice Suits at Your Medical or Healthcare Practice

Chances are you’re currently covered by Medical Malpractice Insurance – as a healthcare professional, it’s a huge risk to operate without this protection, and may be illegal in your state. But even if you have a plan capable of protecting you financially from legal bills and settlements, you’ll still have to pour time and energy into defending yourself if you’re hit with a malpractice claim.

Here are three tips to help you avoid wasting your most valuable resources on fighting malpractice suits.

Of course, no matter how much effort you put into preventing malpractice suits, some factors are simply out of your control. And with new healthcare insurance requirements going into effect in the coming months, the effect on Malpractice coverage will be unclear for some time.

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Tags:

Allied Health Insurance | Errors & Omissions | Malpractice Insurance | Small Business Risk Management

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