The Importance of Medical Malpractice Insurance

The Importance of Medical Malpractice Insurance in Florida

Medical Malpractice Insurance MeetingIn July 2015, the court overturned a law in the state of Florida that put caps on how much an injured patient could receive from the courts. It all began with a dental assistant who went into surgery for carpal-tunnel syndrome but ended up with a perforated esophagus. The patient was injured so severely that she was induced in a coma for three weeks in an effort to save her life. Before all this, the patient, Susan Kalitan, complained of chest and back pain after her surgery. Her hospital still sent her home only to be discovered that she suffered an infection because tubes inserted to put her to sleep during her surgery tore into her esophagus.

A jury awarded Kalitan $4.7 million dollars in 2011, but that judgment was reduced to $2 million because a circuit judge added caps from the 2003 law that placed caps on awards. However, last year, the cap laws on awards called non-economic damaged was ruled unconstitutional. The courts found that these cost limits violated equal protection rights under the state constitution. The appeal court reinstated Kalitan original verdict of $4.7 million dollars. Susan Kalitan is an extreme case, but her case was one of the thousands in Florida. Florida has some of the highest rates in the country for settling medical malpractice, almost three times the national average. The costs are often high, averaging $8,190 in these cases.

It is imperative that doctors purchase medical malpractice insurance to protect their practice and their careers. Not only to protect their practice but also their patients. If doctors do make a mistake whether it a small claim or something as large Medical Malpractice XRAYas described in the Kalitan case, doctors should try to make it right, and medical malpractice will help protect both parties. Some doctors are afraid of malpractice insurance believing that it will be too costly to sustain that that isn’t always true. Insurance cost can depend on your location, types of medical care you provide among other things. Even if you do live in a state where insurance might be expensive, it is much more risky and costly to practice without insurance.

A person wouldn’t drive their car without insurance because they understand the risks of driving on the road and the likelihood that a person probably will be in a car accident sometime in their life. It’s the same with medical professionals; the odds are likely that a physician will get a claim filed against them. If a doctor is not adequately protected for their sake and the sake of their patients, the effects of not having insurance can be devastating. If a jury finds that you must pay for a claim, that is money you must pay out of your pocket. Depending on the verdict, the cost can bankrupt you and your entire practice. All the years of hard work drained a lack of responsible thinking and measures.

Medical Malpractice ConsequencesEven if you do live in a state where insurance might be expensive, it is much more risky and costly to practice without insurance. A person wouldn’t drive their car without insurance because they understand the risks of driving on the road and the likelihood that a person probably will be in a car accident sometime in their life. It’s the same with medical professionals; the odds are likely that a physician will get a claim filed against them. If a doctor is not adequately protected for their sake and the sake of their patients, the Gavel & Stethoscopeeffects of not having insurance can be devastating. If a jury finds that you must pay for a claim, that is money you must pay out of your pocket. Depending on the verdict, the cost can bankrupt you and your entire practice. All the years of hard work drained a lack of responsible thinking and measures.

If you drove a car and accidently hit someone or they accidently hit you, you automatically hope for insurance because you need to remedy the damages. It will be devastating if insurance is not available to help the situation. If someone hit you and don’t have car insurance, you would assume that person is irresponsible. The same for a physician that decides to practice “bare.” It is a myth that physician that practice bare do not experience claims. Most claims are legitimate, and if you do not have the funds to help your patient, you might ruin your reputation by risking being viewed as irresponsible. So consider Florida medical malpractice insurance and keep everything you worked so hard for protected against any claims in the future.

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