Ohio Medical Malpractice Insurance for Anesthesiologists.
Welcome to OH-MedMal.com. We Specialize in providing Ohio Anesthesiologists with cost-effective medical malpractice insurance coverage that they need. We have more carriers, top of the line service and can offer the most cost-effective rates, no matter what your specialty is.
There is no need to wait until your renewal date to start saving on your medical malpractice insurance, and it has never been easier to get free, no-obligation quote. Complete our simple quote form and an experienced medical malpractice insurance agent will contact you with an indication.
Welcome to OH-MedMal.com. We Specialize in providing Anesthesiologists in Ohio with
cost-effective medical malpractice insurance coverage that they need.
Choice
Through Diederich Healthcare’s network of the nations leading carriers in the medical malpractice insurance industry, we are able to offer you more choices than other malpractice insurance agencies. For over 40 years, we have made it a priority to continually move forward in order to provide Anesthesiologists with the most cost-effective options available. Complete the form above and see why over 13,000 physicians have placed their trust with Diederich Healthcare.
Service
Diederich Healthcare currently has offices in 13 states across the country and is constantly expanding in order to bring the very best service to it’s medical malpractice insurance clients. Rest assured that when Diederich Healthcare is your broker, you are consistently receiving outstanding and timely service. You will have someone that you know to call with questions and concerns.
Savings
Diederich Healthcare knows that medical malpractice insurance is one of the most costly expenses of any physician’s medical practice, and that is why we work tirelessly to get you the best rates possible. Know that when you place coverage with Diederich Healthcare, our experienced staff of med-mal agents will stay on top of the latest news in the industry so that when rates go down, you are not left behind.
Anesthesiology Medical Malpractice Insurance Information
Anesthesiologists are perioperative doctors who are responsible for administering anesthesia to patients before, during, and after a surgical procedure. The anesthesiologist must to a thorough evaluation prior to an operation. He will consult with a surgical physician or team of physicians. He will then create a through plan for anesthesia that will be specific to the individual patient. An anesthesiologist will normally work in a hospital, a medical center, an ambulatory surgical center or a physician’s office. Most physicians work long and irregular hours. It has been reported that 43% of all physicians work in excess of 50 hours per week. With all of this time devoted to patient care and practice development, Family Physicians benefit greatly from relying on the expertise of an Insurance Agent specialized in the area of Medical Malpractice Insurance. Board Certified Anesthesiologists voluntarily meet additional standards beyond basic licensing. They demonstrate their expertise by earning Board Certification through the American Society of Anesthesiologists (ASA). ASA Certified Anesthesiologists should ask Diederich Healthcare about eligibility for additional discounts/credits on their malpractice insurance premium. www.asahq.org
Ohio Medical Malpractice Insurance Market Summary
Ohio passed tort reform with a $350,000 non-economic damages cap in 2003. Tort reform in Ohio has reduced the number and size of malpractice cases. In 2005, 5,051 claims were filed against doctors and hospitals. By 2008, the number dropped by 39 percent, a decline that the Ohio State Medical Association attributes to lawsuit reforms. Malpractice insurance premiums vary by specialty, policy limits, and practice location. Typical policy limits Ohio physicians carry are $1 million per incident and $3 million annual aggregate.
Ohio Medical Malpractice Insurance Carriers
Medical malpractice insurance in Ohio is available from admitted insurers, surplus lines insurers, and risk retention groups. The number of companies offering medical malpractice insurance in Ohio has remained relatively stable over time. However, the market is highly concentrated with 3 companies providing about 58% of all medical malpractice insurance premiums in 2010.
Statute of Limitations (Quoted from McCullough, Campbell, & Lane, LLP)
A medical malpractice action must be commenced within one year after the cause of action accrues. Ohio Rev. Code Ann. § 2305.113(A) (Westlaw 2010). A cause of action for medical malpractice accrues when the claimant discovers or, in the exercise of reasonable care and diligence, should have discovered the resulting injury, or when the physician-patient relationship for that condition terminates, whichever occurs later. Frysinger v. Leech, 32 Ohio St. 3d 38, 512 N.E.2d 337 (1987). If a malpractice claimant gives written notice to the prospective defendant within the one-year limitation period, the claimant may bring an action at any time within 180 days of that notice. Ohio Rev. Code Ann. § 2305.113(B) (Westlaw 2010). A four-year statute of repose applies to claims arising out of acts or omissions on or after April 11, 2003. A claim must be brought within four years of the act or omission, except that a claimant has one full year from discovery, even if this exceeds four years, for claims discovered after three years or claims based on a foreign object left in the body. Ohio Rev. Code Ann. § 2305.113(C) and (D) (Westlaw 2010). Although there has been no published case to date addressing the constitutionality of this section, the Ohio Supreme Court has twice found medical malpractice statutes of repose to be unconstitutional. Hardy v. VerMeulen, 32 Ohio St. 3d 45, 512 N.E.2d 626, cert. denied, 484 U.S. 1066 (1987) (holding a four-year statute to be unconstitutional if "applied to bar the claims of medical malpractice plaintiffs who did not know or could not reasonably have known of their injuries"); State ex rel. Ohio Academy of Trial Lawyers v. Sheward, 86 Ohio St. 3d 451, 715 N.E.2d 1062 (1999) (holding a later statute unconstitutional in its entirety). If, at the time the cause of action accrues, the claimant is a minor or of unsound mind, both the one-year and four-year statutes are tolled until the disability is removed. Ohio Rev. Code Ann. § 2305.16 (Westlaw 2010). Malpractice that results in death gives rise to two distinct claims: a malpractice claim for personal loss and suffering prior to death, enforceable by the decedent's personal representative, and a wrongful death claim for pecuniary loss to the decedent's spouse and next of kin. Koler v. St. Joseph Hospital, 69 Ohio St. 2d 477, 432 N.E.2d 821 (1982). A wrongful death action may be brought even if the malpractice claim is time-barred Id.; Brosse v. Cumming, 20 Ohio App. 3d 260, 485 N.E.2d 803 (1984) (malpractice claim already barred at time of death). By statute, an action for wrongful death must be brought within two years after the decedent's death, Ohio Rev. Code Ann. § 2125.02(D) (Westlaw 2010), but the Ohio Supreme Court has adopted a discovery rule that can extend this time. Collins v. Sotka, 81 Ohio St. 3d 506, 692 N.E.2d 581 (1998).
Comparative Negligence (Quoted from McCullough, Campbell, & Lane, LLP)
Ohio recognizes a form of comparative negligence. A claimant's contributory fault only bars recovery if it exceeds the combined fault of all other persons, whether or not they have been sued. Otherwise, recovery is simply diminished in proportion to the claimant's fault. Ohio Rev. Code Ann. § 2315.33 (Westlaw 2010). The law is similar in cases arising prior to April 9, 2003, except that only the negligence of other parties is considered. Ohio Rev. Code Ann. § 2315.19 (Westlaw 2003) (repealed).
Damage Limits
Currently, Ohio's non-economic damages cap is set at $250,000 per plaintiff or three times the amount of economic damages, whichever is higher, up to a maximum of $350,000 per plaintiff and $500,000 per occurrence.
The cap is set higher for malpractice victims who have suffered catastrophic injury: $500,000 per individual and $1 million per occurrence. Under Ohio law, catastrophic injuries include the following:
- Permanent and substantial physicial deformity
- Loss of use of a limb
- Loss of a bodily organ system
- Permanent physical injury that prevents self-care
Ohio Medical Malpractice Insurance information
Most physicians work long and irregular hours. It has been reported that 43% of doctors work in excess of 50 hours per week. With all of this time devoted to patient care and practice development, Anesthesiologists benefit greatly from relying on the expertise of an Insurance Agent specialized in the area of Medical Malpractice Insurance.
It is difficult for physicians to remain knowledgeable about the ever-changing landscape of Malpractice Insurance coverage, law, and carrier options. Diederich Healthcare specializes in Medical Malpractice Insurance and we understand the need for a trusted “partner” who can assist Anesthesiologists in selecting the right Medical Malpractice Insurance protection for their practice.
Diederich Healthcare’s network of over 200 contracted insurance affiliates assures our physician clients greater portability, market accessibility, and effective consultation. We provide consultation on coverage options from the major carriers offering Professional Liability Insurance to physicians throughout the United States. We will provide malpractice insurance quotes from several carriers and make recommendations on coverage that best fits the physician’s particular needs at the most cost effective premium.
Diederich Healthcare reviews each account and policy prior to each policy renewal, and more frequently based on market/situational changes, to determine options for renewal coverage. These options are then presented to the physician with our recommendation prior to renewal in order to avert last-minute decision making.
All Specialties save on Medical Malpractice Insurance with Diederich Healthcare
- On average, Physician clients that switch to Diederich Healthcare save 46% on their Med-Mal insurance.
- We compare the major companies for your specialty in order to recommend the best coverage at the lowest premium for your practice.
- Our access to multiple carriers in each state allows us to offer many practice discount programs…
- New Doctor Discount
- Part-Time Discount
- Board Certification Discount (ABFM)
- Claims Free Credit
- Risk Management Credit
- No need to purchase Tail Coverage when changing to Diederich Healthcare with Prior Acts Coverage Included.
Medical Malpractice Insurance Coverage also available for:
- Medical Groups
- Clinics
- Medi-Spa Facilities and Procedures
- Weight Loss Procedures
- Ancillary Healthcare Professionals
- Physician Assistant
- Nurse Practitioner
- Surgical Assistant
- Nurse Midwife
- CRNA
- Optometrist
Diederich Healthcare is able to offer medical malpractice insurance to the following counties in Ohio:
Cook, Lake, Knox, McDonough, Adams, Washington, DuPage, Wayne, Hancock, Franklin, Henry, Whiteside, Clinton, Edwards, Clark, McHenry, Mercer, Morgan, Madison, Wabash, Tazewell, Moultrie, Vermilion, McLean, Lawrence, Marion, Saint Clair, Scott, Cook, Peoria, Effingham, Union, Lee, Pulaski, Livingston, Rock Island, Sangamon, Crawford, Jo Daviess, Douglas, Cass, Macon, Boone, Bureau, Kankakee, Gallatin, Iroquois, Coles, Christian, Fulton, Menard, Greene, Logan, Pike, Williamson, Macoupin, Montgomery, Fayette, Will, Kane, Jackson, Bond, Schuyler, Ogle, La Salle, Jefferson, Randolph, Massac, Dewitt, Calhoun, Mason, Shelby, Marshall, Hamilton, Winnebago, Piatt, Woodford, Richland, Warren, Saline, Clay, Cumberland, Henderson, Jasper, Johnson, Champaign, Kendall, Grundy, Stark, Jersey, Edgar, Pope, White, Monroe, Alexander, Hardin, Stephenson, Carroll, DeKalb, Perry, Brown, Ford, Putnam
For information specific to your specialty, please follow one of the links below:
Anesthesiology, Family Practice, Obstetrics & Gynecology (Ob/Gyn), Plastic Surgery, Pediatrics, General Surgery, Psychiatry, Stand-Alone Tail
Most recent articles about Medical Malpractice Insurance in Ohio:
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 Practice Site Survey by a Risk Management Consultant Hospital Ob-Focused Risk Mapping (with hospital consent) Patient Safety Information Survey Basic Ob Tool Kit (including prenatal & postpartum documentation forms, diagnostic test & referral tracking form, office & after hors telephone documentations form, procedure-specific consent forms, screening tool for postpartum depression, & MUCH more!) Patient Education Materials & Pamphlets (nutrition, bleeding, smoking cessation, etc.) Practice Management Tools Ob Risk Management Guidelines Risk Resource Phone Consultations Future Activities and Resources Contact a Diederich Healthcare professional today at 800-457-7790 or complete our quick and easy quote form for further information about this exciting program!
2012 Medical Malpractice Payout Analysis Infographic Released
With the emergence of the National Practitioner Data Bank’s fourth quarter, 2011 which was released earlier this month (March, 2012), Diederich Healthcare has provided an insightful and informative Medical Malpractice Payout Analysis in the form of an infographic that will interest physicians nation-wide. By taking the raw, public data made available by the NPDB about medical malpractice payouts from 1992-2011, Diederich has created an easy to read graphic that will detail some interesting information gleaned by thorough analysis. The analysis takes a hard look at 2011’s medical malpractice payouts and charts that data in the form of bar graphs, pie charts and even a word cloud that creates an information-intense and visually appealing statistical representation. The analysis also compares 2011’s med-mal payouts with prior years. The infographic can be found on Diederich Healthcare’s web site at http://www.diederichhealthcare.com/medical-malpractice-insurance/2012-medical-malpractice-payout-analysis/.
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 more, click here.
Cyber Liability Insurance Coverage
Are your computer records and patient information protected? A recent survey by research group Advisen found that despite increasing instances of cyber attacks, only about a third of companies that need cyber liability insurance coverage are protected. Most companies need cyber insurance but don’t realize they don’t have it until after a lawsuit is filed and it’s too late. It is estimated that more companies will purchase cyber liability policies in the near future due to new SEC requirements that publicly traded companies disclose a “description of relevant insurance coverage” to their shareholders. Cyber liability protection is just as crucial for independent medical practices. If you maintain computerized patient information then you have the responsibility to protect those records. Any unauthorized release of information or outside cyber attack could violate patient privacy laws and expose you and/or your medical practice to a lawsuit. Diederich Healthcare is cognizant of your cyber liability and can advise and direct you to the proper coverage. It is becoming more and more common for Medical Malpractice Insurance Carriers to include some form of Cyber Liability coverage in their basic policy form; however, coverage can vary from company to company. It is important to understand the depth of the coverage included to insure that coverage is in place to cover your company for potential indemnity regarding breach of privacy as well as attorney fees and costs to notify patients that their information was stolen. Insurance against cyber attacks is certainly becoming a necessity, but varying policy
Save Money on Tail Coverage
Physicians across the country are now able to secure affordable stand-alone tail coverage. In an effort to contain the costs of tail coverage for physicians, Diederich has taken the steps necessary in order to be able to provide cost-effective stand-alone tail coverage for physicians. More frequent than ever, physicians have begun closing their private practices to seek stability as an employed medical provider with a large integrated health system. Many medical experts consider this “an evolutionary step in the healthcare industry,” while others believe that this is only a cyclical trend that is linked to the weakened economic environment within the United States. This trend has remained stable over the past year and many medical practitioners have chosen to relinquish their independence to seek shelter under the umbrella of a hospital or integrative medical program. As one prepares to consolidate their practice, an important detail must be evaluated for those canceling a claims-made medical liability insurance policy. An extended reporting endorsement or “Tail Coverage” must be secured prior to cancelling a malpractice insurance policy to ensure that past patient exposure is still protected. One of the largest misconceptions with tail coverage is that “physicians are GUARANTEED free tail coverage if they are insured with a carrier for five (5) years or more.” This is a very inaccurate assumption that can either leave a physician with an unexpected last minute overhead expense or a gap in their professional medical liability insurance coverage. The majority of state admitted medical malpractice insurance carriers only
Moving from Private Practice to a Hospital or Regional Healthcare System
Giving up or selling your private practice to a hospital or regional healthcare system can involve unexpected expense and exposure. This alarming nationwide trend is luring private practice physicians with the expectation of a perceived safe-haven by being employed with an organization that “provides” the benefits of health and medical malpractice insurance, retirement benefits and an atmosphere free from the worries of employer related expenses, patient/government/insurance reimbursement collections and employee issues. For some physicians, and for a good number of reasons, this move can be the best decision; however, it could greatly benefit individual physicians both personally and financially to consult with a Medical Malpractice Insurance Professional/Agent before and during the negotiation process. Physicians tend to assume that their only option for Medical Professional Liability Insurance will be the new organization’s group malpractice insurance or “self-insured” policy, and that this coverage will provide the same or better protection at a lower cost than their own personal policy. In many cases, the coverage available with the new group will differ with respect to the protection (Liability Limits, Tail Coverage, Consent to Settle) and choices (Availability to choose Legal Counsel, Insurance Company and use of a Qualified Malpractice Insurance Agent) of the individual physician, taking into account the best interests of the “organization” over the physician. Additionally, many transitional agreements from private practice to a hospital or medical system will not provide for the physician’s prior acts to be covered. This will result in the need for the individual physician to purchase
Tail Coverage for your Medical Malpractice Insurance Policy
The following post was written by one of our Medical Malpractice Insurance experts. If you are interested in seeing what Diederich Healthcare can do for you, please complete our quick and easy quote form now! Excellent, cost-effective Med-Mal coverage is only a click away. Professional liability insurance should extend beyond the last date of the policy period of a policy on a “claims-made” basis. Claims can be made long after the medical treatment or occurrence that caused the injury. Most medical malpractice insurance policies are written on a claims-made basis, which means the insurance company pays only claims that are received during the policy period. In that case, a doctor needs tail coverage to protect against claims that are not known about at the end of the policy period. If a doctor retires, allows his malpractice insurance policy to lapse, and a claim comes in 2 years later, the physician will have to hire his own attorney to defend him against a claim or suit. He will also be responsible for any indemnity payment that is awarded to the patient or patient’s family. In order to protect himself from the nightmare, the doctor purchases tail coverage. Tail coverage will extend the policy that covers the physician even after he is no longer practicing medicine. Policies can range from 1 year to an indefinite time period. For more information about tail coverage, please contact one of our professional liability specialists to guide you on this very important aspect of your medical malpractice
What about physicians who are difficult to insure?
The following post was written by one of our Medical Malpractice Insurance experts. If you are interested in seeing what Diederich Healthcare can do for you, please complete our quick and easy quote form now! Excellent, cost-effective Med-Mal coverage is only a click away. I recently assisted a local OB/Gyn with obtaining high quality, affordable medical malpractice insurance coverage with an “A-rated” carrier when she believed that no standard, admitted carrier would be willing to cover her. Until her one-and-only claim was settled for $750,000, this physician had been practicing obstetrics and gynecology for 20 years without ever having a malpractice insurance claim filed against her. In fact—her record was spotless for those 20 years. While she had done nothing wrong—the situation was that the patient was a child who simply experienced a rare but known risk “bad outcome.” This physician settled the claim last summer to avoid the risk of a jury verdict which could possibly have exceeded her policy’s limits. The Medical Protective Company then decided to non-renew this physician’s policy. I worked with her and presented her case to the other carriers as an excellent physician with one unfortunate “shock claim” in an otherwise impeccable 20-year medical career. Several carriers agreed with us. We replaced this physician’s MedPro policy with coverage from ProAssurance at approximately the same premium. We provided her with full prior acts coverage so she did not need to purchase expensive “tail” coverage from Medical Protective. Note, that no matter how dire you believe your
Med Mal Insurance Coverage in Ohio
- AM Best “A-Rated” Coverage at Affordable Rates
- Coverage options for all Medical Specialties, Groups and Healthcare Facilities
- Compare Premiums and Choose Malpractice Coverage that best suits your needs
- Maximum Discounts available to Anesthesiologists in Ohio
- Guidance regarding Risk Management at your practice
- Access to “Specialty Lines” of Insurance for your Unique Practice needs
- Easily Transfer Your Malpractice Insurance at any time
Providing cost-effective Medical Professional Liability Insurance to Healthcare Providers located in Ohio…
Get your FREE QUOTES now…compare multiple companies providing Malpractice Insurance to Anesthesiologists in Ohio. (including AM Best A-Rated carriers)
Covering all Physician Specialties, including Groups and Facilities in Ohio, and all Types of Procedures…
Your “one-stop-shop” to obtaining affordable coverage to meet your needs. Representing a large number of quality insurance companies; giving you the confidence of having an advocate in your corner who has already “shopped” the marketplace for the best Malpractice Insurance Value available in Ohio.
Accessing all Discounts available to each Physician’s Medical Practice…
Multiple Physician/Group Discounts, Medical Board Certification Discounts, Claims Free Discounts, Practice Longevity Discounts, Risk Management Discounts, Part-Time and New Practitioner Discounts.
Guiding Medical Practitioners toward improved Risk Management…
Ask about FREE access to Risk Management assessments and training for your practice. Offering access to Insurance for Anesthesiologists and Risks/Procedures that are more difficult to cover…
Obtain coverage options for High Risk Anesthesiologists and/or Procedures and Specialty Practices such as:
- Medi-Spas (including Botox/Fillers)
- Weight Loss/Weight Management (including HCG and Bariatric Surgery)
- Others available upon request
