What is medical malpractice insurance?
Medical malpractice insurance is typically made up of professional indemnity and public liability insurance. It is designed to offer protection to you and your business in the event that you find yourself being sued for medical error or neglect, even if the claims are ultimately proven to be untrue.
The cover typically includes allegations and events of bodily injury, mental injury, illness, disease or death of any patient where the cause is considered to be any negligent act, error, or omission committed by you or a member of your staff in the performance of your business activities.
Medical malpractice insurance will pay both the legal costs of defending an action and any subsequent damages awarded subject to policy terms and conditions.
Who needs medical malpractice insurance?
Healthcare legislation that came into effect in 2013 means that the GMC has the right and ability to check that all medical healthcare professionals and organisations have the correct medical malpractice insurance in place.
If you exclusively work in an National Health Service (NHS), Health and Social Care (HSC) trust, health board or in local government, the organisation you work for will provide cover through a clinical negligence scheme. You should consider, however, any work that you do outside of NHS, HSC and local government work. This could include paperwork tasks such as completing cremation forms, filling out insurance claims or medico legal work.
If you do any private, non NHS / HSC work – even if you do so on NHS /HSC premises – you must ensure you have medical malpractice insurance cover in place. Your employer should check that you have adequate provision in place, but its worth checking yourself.
If you are practicing in the UK but your cover has been provided from your home country as part of EU wide cover, you need to ensure that the cover is valid and adequate for the work you are doing in the UK.
For a no obligation discussion about your circumstances, and to fully understand whether you need cover, simply get in touch.