To adapt to this trend, we at the Mutual now have the capability to provide hospital liability insurance
for virtually any size hospital in the Mountain State in addition to medical liability insurance for those hospitals' employed physicians, and there are a number of state hospitals already enjoying the benefits of this program.
This runs up the cost of hospital liability insurance
. A single adverse judgment for negligence will cost the hospital much more than the cost of an EMR implementation.
Fourth, hospital liability insurance
premiums are adjusted each year to reflect their payout experience in the prior years.
In response to the demand, some surgeons are taking advantage of hospital privileges that allow them to do general abdominal surgery by claiming that hospital liability insurance
covers them to perform much more complex bariatric procedures without having to prove their competence, she said.
The only medical professional or hospital liability insurance
company that closely monitors West Virginia and regional politics and legislative affairs on an ongoing basis is the West Virginia Mutual Insurance Company.