No matter how adept a physician is in their field, one key element to achieving and maintaining a successful career is investing in quality medical malpractice insurance. Physicians must do their due diligence when researching malpractice insurance options, as there are a variety of carriers, coverages, and policies in different states.
Aside from the fact that the law requires physicians to have malpractice insurance, President and CEO of EmPRO Insurance Company, Bruce Shulan, states that physicians need malpractice insurance for a number of additional reasons. For instance, medical malpractice insurance is required for hospital privileges. It also provides professional and personal protection to shield physicians from losing their medical licenses due to incidents occurring during treatment, surgery, and diagnosis.
