General

DO YOU NEED MEDICAL INDEMNITY COVER?

By Tego Insurance 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


9 Tips that will help you avoid a Medical Indemnity Insurance Claim

By Tego Insurance 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


Insurance: Eight things to do before starting your medical practice

By Tego Insurance 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


Medical indemnity insurance: 10 reasons not to worry when you retire or go on maternity leave

By Tego Insurance on Monday, September 24th, 2018 in General.

Medical Indemnity Insurance continues in perpetuity after Australian doctors retire from private practice, thanks to the government’s Run-off Cover Scheme (ROCs). This means that retired doctors and those on maternity leave are covered for any claims arising from any act or omission that occurred at any stage of their career in private practice. To qualify  … Read more


Protecting patients and practitioners: Talking with Tego CEO, Eric Lowenstein

By Tego Insurance on Tuesday, May 22nd, 2018 in General.

The reality of protecting your patients’ privacy is about preparing for when, not if, the next risk will emerge. The rate of data breaches in Australia continues to affect businesses both large and small, with a 2017 IBM Security Report estimating the average total cost of data breach amounting to $2.51 million. Therefore, putting privacy  … Read more


If I change insurers, will I lose my tail cover? Retroactive cover explained

By Tego Insurance on Friday, May 4th, 2018 in General.

A number of doctors have mentioned that they worry about changing medical indemnity insurers because they’re concerned that if they switch insurers, they’ll lose their retroactive (‘tail’) cover. This post demystifies retroactive cover in medical indemnity insurance policies. What is retroactive (or ‘tail’) cover? Retroactive cover, also known as ‘tail’ cover, is insurance cover for  … Read more


Medical Indemnity Insurance: The Basics

By Tego Insurance on Friday, May 4th, 2018 in General.

Claims Made. Occurrence Based. Circumstances which could give rise to a claim. These terms are insurance jargon. And if you want to understand how medical indemnity insurance policies operate, you need to be familiar with these terms. So, what do they mean? Occurrence Based versus Claims Made policies An occurrence based policy is the most  … Read more


New Victorian Maternity eHandbook

By Tego Insurance on Saturday, April 7th, 2018 in General.

The Victorian Maternity and Newborn Clinical Network (VMNCN) of Safer Care Victoria launched a Maternity eHandbook on 22 August 2017 which offers readily available information on pathways of care, in the context of a range of obstetric presentations. It is the culmination of a project spanning over approximately 4 years, which involved drawing on existing  … Read more


The Wellbeing of Doctors

By Tego Insurance on Saturday, April 7th, 2018 in General.

As a doctor working in emergency departments, I can vouch for the stress and fatigue to which medical practitioners may be exposed in an average day’s work. In addition, the challenges faced by doctors who are new or transient (such as locums like myself), or doctors-in-training rotating through different departments, can be augmented by having  … Read more