Hospital Liability Insurance

Hospital Liability Insurance

An insurance policy protecting a hospital associated with the cost of a medical malpractice or other lawsuit. For example, if a doctor makes an error resulting in the death of a patient during surgery, hospital liability insurance would protect the hospital from the ensuing suit. As with all insurance, the hospital must pay a premium to receive coverage.
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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.
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