6 Reasons Medical Professionals Need to Understand Cyber Liability
As a healthcare practitioner, you’ve likely heard of cyber liability. In short, this means you may be responsible for compensating patients and others who are victimized by a security breach or similar IT-related incident from your office. And if you’re thinking that as a counselor, therapist, or social worker the chances of such an event…
Read MoreFour Ways to Reduce Risk for Medical Labs in COVID Era
As the world continues to battle the COVID-19 global pandemic amidst new variants, vaccination programs and uncertainty in just about every aspect of life, medical labs remain on the front lines. It’s important for these entities to protect themselves as much as possible from the inevitable risks that come with a situation of such magnitude.…
Read MoreAm I Legally Required to Get Small Business Insurance?
You already know that having a comprehensive insurance plan in place is one of the most prudent investments you can make in your business. While it’s clearly a great idea, is it actually required by law? Having certain specific forms of small business insurance is in fact required in most states. Why Your Business Needs…
Read MoreWhat Are the Exclusions on a General Liability Insurance Policy?
Regardless of what type of business you’re in, having a general liability insurance plan in place is your first line of defense against many risks associated with owning a business. Even if you’re self-employed, this type of coverage simply makes sense. However, it does have certain limitations. It’s important to be educated about exactly what…
Read MoreFour Common Mistakes Lab Techs Make
Did you ever wonder who was handling the huge influx of COVID-19 diagnostic tests during the pandemic that started in Spring 2020? Professional lab technicians were already busy performing an estimated 13 billion lab tests per year for a host of other illnesses and conditions when the global pandemic began. Although typically in the background…
Read MoreIs Administrative Staff Covered by Medical Malpractice Insurance?
A spectrum of medical tasks can lead to negligence that causes patient harm, from a physician’s misdiagnosis to mislabeled medication. Administrative staff can even be found liable due to the diverse nature of their work. This makes malpractice insurance (also known as professional liability) a necessity for all team members, even if a patient lawsuit…
Read MoreGeneral Liability and Workers’ Comp: What’s the difference?
If you’re a business owner, you need to protect yourself against lawsuits and other professional liability issues. Taking out adequate insurance can ensure your financial wellbeing, no matter what happens. But what types of policies do you need, and what do they protect against? In today’s post, we’ll go over general liability insurance and workers’…
Read MoreHow Much Is Professional Liability Insurance? 6 Factors That Affect Price
Do you own a small business, mental health practice, or other type of company? If so, you could benefit greatly from paying for professional liability insurance. Professional liability insurance—also known as medical malpractice insurance (for medical professions)—can help protect you in the face of a lawsuit. If you’re wondering, “How much is professional liability insurance?”…
Read More5 Situations Where Testing Labs May Be Legally at Risk
Laboratory testing is a crucial part of healthcare, and up to 80% of decisions made by doctors rely on such tests. Unfortunately, there are a number of legal risks associated with testing labs, which are regulated by CLIA and subject to penalties if they don’t conform. Read on to find out whether you may be…
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