Coverage for Medical Directors
Insurance is usually one of the last things a healthcare provider thinks about when they take on a new role. We know it can be burdensome and tedious, but it can also be a make-or-break expense when considering becoming a medical director. So let us deal with it. We’re here to make sure you’ve got the right coverage, so you can focus on what matters, to revisit your malpractice insurance.
FAQs
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Most standard medical malpractice insurance policies specifically exclude coverage for medical directors. This can create large gaps in coverage that leave healthcare providers vulnerable. We know what language to look for and can determine whether coverage is in place under your current policy. If it’s excluded, we know just where to go to find medical director insurance for you.
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Premium varies widely for medical directorship coverage mostly depending on venue. We can help you determine if taking on a medical directorship role is financially feasible from an insurance perspective. There’s no need to buy medical directorship insurance if it costs more than what you’d be making. We do the homework so you can make a practical and informed decision.
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Possibly. Some facility policies automatically provide medical director malpractice insurance. Our first step is always to confirm if coverage is already in place. We don’t want you paying for something you don’t need. If it isn’t, then we’ll do the legwork to secure a policy that protects you in this role.
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Maybe not. Some insurance companies make an exception when you’re 100% owner of the practice. Medical director insurance is typically a must when you’re serving in this role for an outside organization. If you’re unsure, let us decipher the fine print for you so you can be certain.