The last twenty years have seen rapid changes in the medical and healthcare industries. From multiplying regulations to increased costs to the ever-changing landscape of health insurance, health services providers face more avenues of potential risk. From medical malpractice to billing issues to data privacy, professional liability coverage from brokers such as Axis Insurance Services is an essential to safeguard your organization’s future and provide for your clients.
Who Needs Medical Professional Liability Coverage?
Medical professional liability insurance, or medical errors and omissions (E&O) coverage, is critical to address the unique types of risk pictures frequently faced by groups such as hospitals, physicians’ practices, accountable care organizations, allied health providers, medical billing firms, PPOs and other organizations. The complexities of the field ensure that no two firms’ indemnity protection options will look exactly alike. Advanced expertise is needed to craft an E&O solution that addresses a wide range of issues:
- Medical malpractice claims
- HIPAA compliance and fines
- Issues arising from outsourcing
- Telecommuting issues
- Data security and patient records
- Medical billing and transcription issues
The Best Health E&O Indemnity Solutions
The broker or agency you choose should craft a distinctive E&O protection strategy for your firm. Industry leaders such as Axis Insurance Services bring the skills and expertise to create flexible insurance solutions for your medical or healthcare services company.