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Confusing Malpractice Terms and What They Actually Mean!

Confusing Malpractice Terms and What They Actually Mean!

FromMalpractice Insights


Confusing Malpractice Terms and What They Actually Mean!

FromMalpractice Insights

ratings:
Length:
12 minutes
Released:
May 25, 2022
Format:
Podcast episode

Description

Like most industries, the medical malpractice insurance world consists of a lot of acronyms, confusing terms, and other jargon that can make even the smartest people’s eyes cross.  Today we’re going to simplify things a bit by breaking down 10 of the most common (and confusing) malpractice insurance terms. We’ll tell you what they mean and why they’re important so that you can read your policy… and actually know what you’re talking about.? For the BLOG on this topic, visit: https://www.aegismalpractice.com/malpractice-insights/confusing-malpractice-terms-amp-what-they-actually-mean1:19 Earned, Unearned, and Minimum Earned Premium4:30 Experience Rating5:52 Vicarious Liability6:39 Retro Date Inception (RDI)8:07 Incurred But Not Reported (IBNR)9:07 Allocated Loss Adjustment Expenses (ALAE)9:50 Expense, Loss, and Combined Ratios11:12 Let Aegis Help!**********Contact us!**********?? aegismalpractice.com? 888.51AEGIS  [888.512.3447]**********Follow us on Social Media**********Facebook: https://www.facebook.com/AegisMalpractice/Twitter: https://twitter.com/AegisMedMalInstagram: https://www.instagram.com/aegismalpractice/0Linked In: https://www.linkedin.com/company/aegis-malpractice-solutions/YouTube: https://www.youtube.com/channel/UCyDVJQuU4ihcZl3gcL6L16A?? Produced by Grip Media Indiana.  For more information on how Grip Media can help produce your podcast or video work, visit https://www.gripmediaindiana.com
Released:
May 25, 2022
Format:
Podcast episode

Titles in the series (100)

Welcome to Malpractice Insights! A podcast dedicated to helping healthcare professionals navigate the world of medical malpractice insurance. Whether you’re a resident or fellow getting primed to start private practice or a veteran doctor looking to sharpen your skills, we’re covering the topics our clients are curious about — from need-to-know info on malpractice coverage in the COVID era to tips on improving bedside manner. Join host Jennifer Wiggins for new episodes every week and follow us on your favorite social media platform to join the conversation.