Health policy

Understanding professional liability insurance in physician employment contracts

An excerpt from Physician Employment Contracts, The Missing Module: A comprehensive introduction to physician agreements written for doctors. Professional liability or “malpractice” insurance protects a physician and the employer from claims related to the negligent practice of medicine. Two common…

An excerpt from Physician Employment Contracts, The Missing Module: A comprehensive introduction to physician agreements written for doctors.

Professional liability or “malpractice” insurance protects a physician and the employer from claims related to the negligent practice of medicine. Two common types of professional liability coverage carried by major insurance companies are “claims-made” and “occurrence” policies. Some large groups and hospitals have their own insurance trust, explained below, instead of using a major …

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Understanding professional liability insurance in physician employment contracts