Medical professionals in today’s society are sued for many reasons. Some reasons, such as negligence or failure to diagnose, have a medical basis, but other times a meritless suit is filed even when the medical treatment met the standard of care. Regardless of the basis or merit of a claim, all it takes is one lawsuit to place your career and your financial future in danger. As a result, healthcare providers need medical professional liability insurance, commonly referred to as medical malpractice (medmal) insurance.
Medical professional liability insurance protects physicians and other healthcare providers against potential negligence claims made by their patients. With the potential high costs of a lawsuit, professional liability insurance is a must for all medical professionals.
