Episode 6: Medical Malpractice Insurance

Bio on Roger Bonds -

Roger G. Bonds, MBA, FMSD, CMSR has advised physicians on their careers for over two decades and has reviewed over 3,000 physician employment contracts and also physician partnership agreements with private practices, hospitals, academia, medical, and pharmaceutical companies. These contracts have represented over 1,300 employers throughout the U.S. and abroad. He is President and CEO of PhysicianCareerAdvisor.com, headquartered in Atlanta, Georgia, where his primary work includes offering expert advice for physicians in private practice and academia, including job search and comparison, CV review, interview skills, non-compete agreements, compensation, and buy-in/buy-out options.

Bio on Heroes of Healthcare -

This podcast is dedicated to highlighting bold, selfless professionals in the healthcare industry who are focusing on transforming lives in their communities.

Malpractice Insurance – how does it work?
How does malpractice insurance work and how long do I need it?
Explain the difference between occurrence and claims made policies. Which is better?
What is the ‘extended reporting period’ or ‘tail’?
Are there different tail periods for different specialties (i.e., obgyn vs. psych)
What is the event vs. annual aggregate limits on the policy?
If the agency drops the policy, will the tail automatically be covered?
Are there any Red Flags when looking at coverage?