Does your medical liability insurance cover your role as Medical Director? It might not.
Medical Directors generally are involved in credentialing, ensuring regulatory compliance, developing protocol and procedures, supervising ancillary personnel, coordinating medical care, providing patient care oversight, chart review, and other administrative duties. In this role, a physician takes on a great deal of responsibility; a Medical Director has greater risk of liability than one might realize which leads to the need of medical liability insurance. Often physicians are asked to serve as Medical Director of various medical facilities, such as Nursing Homes, Surgery Centers, Medical Spas (or Medi-spas), Weight Loss Centers, and Chiropractic Clinics. Most importantly, a Medical Director faces a much different risk than in his/her medical practice. Medical liability insurance policies generally answer claims arising from clinical incidents resulting from direct patient care provided, but will exclude the acts associated with the Medical Director’s acts, duties, or decisions. Since most Medical Directors duties do not include direct patient care the liability risk stems mostly from errors and omissions rather than medical care negligence. Protect yourself and your career with a coverage option designed strictly for Medical Directors available for one flat annual rate of just $1,000. For more information, contact Tom Murphy at 800.966.2120.