Trusted Medical Indemnity Insurance for Specialists

Medical Malpractice Insurance Reduces Your Stress

By Tego Insurance on Monday, March 25th, 2019 in General.

The Emotional Stress of a Medical Malpractice lawsuit Let’s be clear- As a physician, it’s not a matter of if you will get sued, but when. About 35% of physicians in low-risk specialties and 88% of physicians in high-risk specialties are projected to face their first claims by the age of 45. By the age  … Read more

Medical Indemnity Insurance – Important Issues Facing Physicians

By Tego Insurance on Monday, March 18th, 2019 in General.

Being sued for malpractice is a major concern to most healthcare professionals.  But three are other insurance issues that must concern doctors: Medicare Investigations Coronial Inquests AHPRA / Medical Board Investigations. Medical Indemnity Insurance in Australia covers Medical Investigations, Coronial Inquests and Regulators – AHPRA / Medical Board Investigations Medicare Investigations Only a small percentage  … Read more

What surgeons can do if they receive a complaint

By Tego Insurance on Tuesday, March 12th, 2019 in General.

Surgeons who receive a complaint from a patient or another clinician via the Royal Australasian College of Surgeons (RACS) can seek support from the College or their medical indemnity insurance organisation. The college has produced a Complaints User Guide to explain how it deals with complaints against its Fellows, who include cardiothoracic surgeons, general surgeons,  … Read more

Why Health and Medical Professionals Need Medical Practice Insurance

By Tego Insurance on Tuesday, March 5th, 2019 in General.

Medical and Healthcare professionals truly face distinctive risks for a multitude of reasons, from a patient’s limited mobility to protecting sensitive patient information dealt with on a daily basis. And that’s in addition to the other risks faced, like property damage to your medical business office or loss of business records and patient files.    … Read more

Ten Things to Think About Before Leasing Sessional Space to Another Clinician

By Tego Insurance on Tuesday, February 26th, 2019 in General.

It is common for Australian medical practices to rent space to other doctors or allied health professionals. There are many benefits to this, including revenue, economies of scale from sharing resources such as practice staff and common areas and creating the impression that you are a large practice. However, there are also risks that the  … Read more

Run-Off Cover Scheme (ROCS) in your Medical Indemnity Policy

By Tego Insurance on Tuesday, February 19th, 2019 in General.

What is ROCS? ROCS is a Australian government scheme that provides eligible doctors with free of charge Medical Indemnity Insurance for their past private practice once they have ceased working   It is funded through a yearly 5% levy, the “ROCS support payment”, which is applied to all Medical Indemnity Premiums during a doctors practicing life.  … Read more

Why urological surgery is the perfect fit for this convivial doctor

By Tego Insurance on Friday, February 15th, 2019 in General.

Tego Profile: Dinesh Patel Specialty: Urological surgeon – private and public Medical School: University of New South Wales Internship, residencies and advanced training: Sutherland Hospital, St George Hospital, Prince of Wales Hospital, Concord Hospital, Gosford Hospital, Westmead Children’s, St Vincent’s Sydney Significant other: My supportive wife Enjoys: Music, travel, running, good food and wine Urological  … Read more

What business owners need to know when renting sessional space to Healthcare Practitioners?

By Tego Insurance on Tuesday, February 12th, 2019 in General.

If you are a Medical Professional you must have Have a Written Contract to manage and mitigate your risks. First, we recommend you have a written contract which details both parties’ obligations, agreed upon fees, the services provided, any termination conditions and your rights in regards to disputes, etc. This contract will clarify that the  … Read more

Medical Indemnity Insurance – Why it should be on your radar

By Tego Insurance on Tuesday, February 12th, 2019 in General.

Australia Medical Indemnity Insurance safeguards both practices and their professionals. Medical Indemnity Insurance safeguards both practices and their professionals in the allied health sectors from claims for property damage, financial loss, and bodily injury coming from omissions and errors in your medical practice. It is essential that practices or incorporated entities providing health care services  … Read more

Registrations Standard: Professional Indemnity Insurance Arrangements

By Tego Insurance on Tuesday, February 5th, 2019 in General.

This is the registration standard set out the Medical Board of Australia for Professional Indemnity Insurance (PII) arrangements for medical practitioners. It is is essential that you as a healthcare professional understand and comply with these standards. This standard applies to all registered health professionals except those with ‘non-practising registration’ or students.  What must you  … Read more