By Eric Lowenstein 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
By Eric Lowenstein 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
By Eric Lowenstein 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
By Eric Lowenstein on Tuesday, February 5th, 2019 in General.
What is Medical Malpractice in Australia Insurance Medical Malpractice Insurance protects licensed health care professionals from liability. Medical Malpractice Insurance protects health care and medical practitioners caused by wrongful practices that result in bodily injury, property damage, and medical expenses. The costs of defending these claims are covered as well. Medical Malpractice protects the business … Read more
By Eric Lowenstein on Thursday, January 31st, 2019 in General.
For any healthcare practitioner looking to rent office space from a medical practitioner with facilities, it is imperative that you mitigate the many risks with Medical Practice Insurance. Here are our suggestions to keep your practice safe and protected. Medical Indemnity Insurance for the room rental contract Of course you need a written contract, which … Read more
By Eric Lowenstein on Thursday, December 27th, 2018 in General.
The medical profession is very demanding and at times involves various risks. These risks are involved with the nature of work in the medical field. The medical professionals are exposed to various risks on the field and to cover the interests of these professionals; it’s essential to provide them security in their job so that … Read more
By Eric Lowenstein on Tuesday, December 18th, 2018 in General.
Medical Indemnity Insurance (also referred to as Doctors Indemnity Insurance, Medical Professional Indemnity Insurance and GP Medical Indemnity Insurance) refers to insurance which covers a ‘breach of professional duty.’ All professional service providers are legally responsible to their clients; from lawyers providing legal advice, accountants providing taxation advice, or a health clinic or a physician … Read more
By Eric Lowenstein on Tuesday, December 11th, 2018 in General.
Medical Practitioner’s Indemnity Insurance – Private Practice Registered healthcare professionals working in private practice in Australia are required to hold medical indemnity cover that complies with the ‘PII Registration Standard’ set by the relevant board. The standards can be found at ahpra.gov.au. Medical indemnity insurers must meet the minimum product standards that apply to all … Read more
By Eric Lowenstein on Tuesday, December 4th, 2018 in General.
In Australia, there is an increasing need for medical practitioners, medical centres and day clinics to have medical indemnity insurance. With the ever changing healthcare industry, doctors and health administrators need choice, innovation and greater flexibility in protecting their business. Doctors need Medical Indemnity Insurance An average of 11 Australian medical practitioners a day face … Read more
By Eric Lowenstein on Wednesday, October 31st, 2018 in General.
Starting or buying a practice can be one of the most exciting milestones of a doctor’s career. However, there’s so much to do that you might forget to think about the risks involved and how to manage them. That’s why it’s important to get tailored advice from an accountant and a lawyer well in advance … Read more
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