MagMutual Implements Novel Patient Safety Tools to Assist Physician Liability Insurance Policyholders
Online, July 25, 2012 (Newswire.com) - The firm recently announced sweeping changes intended to help physicians improve their ability to provide quality patient care.
The physicians who founded MagMutual say that it was their commitment to improving physician liability insurance that led them to create their own firm. While the industry did offer numerous options, they found it surprising that none were expressly tailored to the unique changes modern practitioners face.
Foremost among the firm's new implementations available at magmutual.com are their educational strategy seminars. The firm's creation of an eLearning Center tailored towards promoting the best medical practices is intended to help doctors improve their chances of avoiding legal trouble. Up-to-date courtroom proceedings and RX recall listings should also help doctors avoid troublesome situations.
According to the firm's experts, most medical practice insurance provides an unacceptable bare minimum. By simply providing coverage instead of closed claim reviews and easily implementable risk management tools, these doctor liability insurance options fail to deal with major malpractice likelihood factors such as stress and new pharmaceutical safety data.
The MagMutual experts believe that medical liability lawsuits are more likely to occur when doctor liability insurance packages fail to educate doctors. By promoting a system that solely serves as a safety net instead of a gentle deterrent, many insurers actually put doctors in a distracting position. Focus is crucial in the medical theater, and learning how to minimize one's risk of patient incidents is the best way to attain top focus. By actively preparing physicians for their work, MagMutual hopes to decrease workplace stress and improve patient care standards.
As the largest medical professional liability insurer in the southeastern states we serve, and the eighth largest in the U.S., the business decisions we make are driven by the needs of our physician policyholder-owners - not by stockholders. And with a Board of Directors comprised of physicians, our commitment to providing unwavering defense of the personal and professional reputations of our policyholders, superior customer service and innovative business, financial and insurance solutions to help those in the medical community meet their professional, business and personal goals will never change.
MagM is pleased you learn more about physician liability insurance, medical practice insurance, medical liability and doctor liability insurance at www.magmutual.com