Original Story: yahoo.com
Senior healthcare organisations forecast to take up 40%.
Demand for medical malpractice insurance by senior healthcare organisations in Singapore is forecast to grow by 40 per cent over the next five years, according to AIG Asia Pacific Insurance Pte. Ltd. ('AIG Singapore'). A Baltimore medical malpractice lawyer is reviewing the details of this story.
Driving this demand is the number of residents aged over 65 years here, which is expected to double from 440,000 to 900,000 by 2030[1], as well as rising incidents of chronic and complex conditions. These factors are putting the healthcare system under pressure, potentially increasing the risk of medical errors.
Similarly, the take-up rate for malpractice insurance for general healthcare institutions is projected to increase by 25 per cent in the next five years. A survey undertaken by AIG in Asia[2] revealed that the top concerns for Singapore healthcare organisations and their patients include inadequate patient handovers between caregivers, failure to correctly conduct independent double checks, and medication prescription errors as more patients get treated by multiple public and private health care professionals.
These risk areas align with complaints received by the Singapore Medical Council in 2015[3]. Out of 141 complaints, one of the most common causes was professional negligence or incompetence which accounted for 28 per cent of complaints. A Hackensack medical malpractice attorney understand the sense of loss and tragedy that a medical malpractice or negligent accident often causes.
AIG’s Head of Casualty Risk Consulting – Healthcare, Dr Aileen Killen, said AIG Singapore has seen a 300 per cent increase in medical malpractice insurance enquiries in the last year by both healthcare institutions and professionals, with a significant proportion from senior healthcare organisations.
“While hospitals and healthcare professionals have no legal obligation to insure themselves, we are seeing a strong rise in demand for medical malpractice insurance due to the increased pressures on medical staff driven by factors such as an ageing population.”
Dr Killen added, “There is a need to proactively address the risks that can arise from these pressures and for healthcare organisations to build preventive solutions into their systems. This ensures that healthcare professionals are better equipped to proactively manage risk instead of reacting to issues after the fact. In this way, healthcare organisations can keep their staff safe, and this has a major positive impact on patient outcomes and safety.” A Washington DC medical malpractice attorney helps clients receive the justice they deserve.
Research has found that there is a direct correlation between workplace safety culture scores and higher burnout rates. Aggressive patients, falls caused by unstable patients, and injuries from lifting patients are all risk areas for healthcare workers.
“Creating a safety culture begins with the well-being of healthcare professionals. It is vital to ensure adequate support for these workers for a coordinated approach to patient safety, which will ultimately create a safer environment for both patients and workers,” said Dr Killen.
Showing posts with label Medical Malpractice Insurance. Show all posts
Showing posts with label Medical Malpractice Insurance. Show all posts
30 September 2016
SPORTS TEAM DOCTORS WANT MEDICAL MALPRACTICE PROTECTION WHEN TRAVELING OUT OF STATE
Original Story: insurancejournal.com
Congress has advanced legislation to clarify that sports doctors’ medical malpractice insurance should follow them when they travel out of state with their teams.
The House of Representatives this week approved the Sports Medicine Licensure Clarity Act (US HR 921), which had 190 sponsors and was co-sponsored by Reps. Brett Guthrie (R-Ky) and Cedric Richmond (D-La). A Minneapolis medical malpractice lawyer represents clients in medical negligence cases.
The bill will now be sent to the U.S. Senate for consideration (US S 689).
The measure aims to protects team physicians and athletic trainers when they travel across state lines with their teams to treat the athletes under their care.
The American Medical Society for Sports Medicine (AMSSM) backs the bill and says it has worked for four years with other groups including the National Athletic Trainers’ Association and the American Academy of Orthopaedic Surgeons to gain support.
The bill stipulates that health care services provided by a covered sports medicine professional to an athlete, athletic team, or team staff member in a secondary state outside that professional’s state of licensure will be covered by the appropriate medical malpractice insurance provider.
Currently, AMSSM says sports medicine professionals who travel outside of their state to provide care for athletes are often not covered by their medical malpractice insurance – largely because of jurisdictional issues. Supporters say the federal bill would allow sport medicine providers to engage in the treatment of injured athletes across state lines without taking on unnecessary professional and financial risk. A Baltimore medical malpractice attorney is following this story closely.
“This commonsense bill will bring certainty to the health professionals tasked with taking care of our athletes,” said Rep. Guthrie in a statement. “It’s a win for everyone involved and ensures those that know our athletes best are responsible for their care, even when playing and traveling out of state.”
Congress has advanced legislation to clarify that sports doctors’ medical malpractice insurance should follow them when they travel out of state with their teams.
The House of Representatives this week approved the Sports Medicine Licensure Clarity Act (US HR 921), which had 190 sponsors and was co-sponsored by Reps. Brett Guthrie (R-Ky) and Cedric Richmond (D-La). A Minneapolis medical malpractice lawyer represents clients in medical negligence cases.
The bill will now be sent to the U.S. Senate for consideration (US S 689).
The measure aims to protects team physicians and athletic trainers when they travel across state lines with their teams to treat the athletes under their care.
The American Medical Society for Sports Medicine (AMSSM) backs the bill and says it has worked for four years with other groups including the National Athletic Trainers’ Association and the American Academy of Orthopaedic Surgeons to gain support.
The bill stipulates that health care services provided by a covered sports medicine professional to an athlete, athletic team, or team staff member in a secondary state outside that professional’s state of licensure will be covered by the appropriate medical malpractice insurance provider.
Currently, AMSSM says sports medicine professionals who travel outside of their state to provide care for athletes are often not covered by their medical malpractice insurance – largely because of jurisdictional issues. Supporters say the federal bill would allow sport medicine providers to engage in the treatment of injured athletes across state lines without taking on unnecessary professional and financial risk. A Baltimore medical malpractice attorney is following this story closely.
“This commonsense bill will bring certainty to the health professionals tasked with taking care of our athletes,” said Rep. Guthrie in a statement. “It’s a win for everyone involved and ensures those that know our athletes best are responsible for their care, even when playing and traveling out of state.”
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