MEDPLI Now Offering Malpractice Insurance for Private Practice OB/GYNs
MEDPLI is now offering malpractice insurance to solo doctors and small groups of physicians that practice Obstetrics and Gynecology. The goal is to help more OB/GYN doctors secure affordable and comprehensive medical malpractice insurance so they can thrive in private practice.
CARBONDALE, Ill., June 22, 2020 /PRNewswire-PRWeb/ -- MEDPLI, the independent medical malpractice insurance provider, is now offering malpractice insurance to solo doctors and small groups of physicians that practice Obstetrics and Gynecology.
OB/GYNs are in demand across the country, but the risk of medical malpractice lawsuits hinders doctors from going into private practice. Reasons for this include the high expense of malpractice insurance for OB/GYNs and difficulty in navigating the insurance marketplace. To help solo doctors and small groups find comprehensive and affordable insurance, MEDPLI is expanding its insurance brokerage services to Private Practice OB/GYNs Reasons for this include the high expense of malpractice insurance for OB/GYNs and difficulty in navigating the insurance system. To help solo doctors and small groups find comprehensive and affordable insurance, MEDPLI is expanding its insurance brokerage services to Private Practice OB/GYNs.
"MEDPLI's focus is to help solo physicians and small groups, because these are the doctors that need the most guidance through the minefield of malpractice insurance," says Max Schloemann, CEO of MEDPLI. "OB/GYN medical malpractice insurance is so expensive that it can prevent a doctor, or a small group of doctors, from opening their own practice. My goal is to bring new opportunities to these physicians by offering them affordable malpractice insurance without compromising on coverage. We currently help OB/GYNs in more than 30 states."
A key aspect to helping solo OB/GYNs and small groups is making sure they obtain coverage from A-rated carriers. "We only recommend carriers that have an A-rating from A.M. Best," explains Max Schloemann. "A.M. Best vets insurance companies and gives an A-rating to those that are able to protect their policyholders, even during times of increased claim payouts and financial downturns."
OB/GYNs' long tail exposure make them more susceptible to a lawsuit. Even the most highly skilled and caring Obstetricians face uncertainty that can lead to claims, and legal defense costs can escalate into six figures. By offering insurance from A-rated carriers, MEDPLI is helping OB/GYNs be protected for the long-term in the event of failed tubal litigation, bowel perforation, shoulder dystocia, poorly performed cesarean sections, and maternal or fetal death. MEDPLI recommends getting a policy with defense costs in addition to the policy's stated limits of liability. For more tips on buying malpractice insurance, doctors can visit https://medpli.com/buying-malpractice-insurance-101-a-guide-for-physicians/.
MEDPLI is presently working with Private Practice OB/GYNs in most states. If you are an OB/GYN in search of medical malpractice insurance, contact MEDPLI for a quote tailored to your needs. Learn more at https://medpli.com/specialties/obgyn-medical-malpractice-insurance/
SOURCE MEDPLI
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