By Eric Lowenstein 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
By Eric Lowenstein 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
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
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
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