All Posts Written By Max Schloemann, Author at Diederich Healthcare

How physicians can obtain cost-effective medical malpractice tail insurance

Posted by | Uncategorized | No Comments

Purchasing a tail insurance policy can prove to be a burden to healthcare providers when retiring, changing employers or under other circumstances which might require the termination of a claims-made policy.  Gone are the days when the only options were to “go bare” or purchase tail insurance for the significant premium offered by the incumbent carrier.   Diederich Healthcare equips physicians with multiple options for standalone tail insurance policies. Extended reporting period (better known as “tail”)…

Read More

The secret of “slot coverage” every growing medical practice ought to know about

Posted by | Uncategorized | No Comments

Do you ever feel like your malpractice insurance policy overcharges for part-time medical providers sharing patients and hours with another provider?  Many group practices employ both full-time and part-time physicians.  When this is the case, arranging a slot policy for those physicians may be the most convenient and cost effective route for the practice’s medical professional liability insurance. The way slot coverage works is on a “full-time equivalency” (FTE) basis. This means that the premium…

Read More
baltimore-skyline

Maryland Physicians: Now you can reduce your medical malpractice insurance rates and keep “A” rated coverage

Posted by | Uncategorized | No Comments

In the years leading up to 2014, malpractice insurance rates have steadily decreased.  While many factors play into the cause of this premium decline, the effect is undeniable – Maryland physicians can now obtain comparable coverage at significantly lower rates. In Baltimore, the most expensive practice location in the state, obstetricians can obtain coverage for $49,400.  At nearly half the cost of another leading admitted carrier with an AM Best “A” rating, this particular example…

Read More
oklahoma

Change in 2014 – Oklahoma physicians can reduce practice costs with minimal effort

Posted by | Uncategorized | One Comment

Uncertainty surrounding the Affordable Care Act and continuing changes in the delivery of healthcare are of significant concern for physicians.  Doctors across the country are examining the healthcare environment and taking steps to prepare for the impact that this anticipated change will have on their practices.  As a result, many are looking for ways to reduce overhead costs while maintaining the core value of their practice – patient care.   Medical malpractice insurance represents a significant…

Read More
Quality, cost-effective medical professional liability insurance for medical professionals. Get A Quote Now!