SA is experiencing an explosion in medical malpractice litigation claims in the public and private sector, where especially the following four medical specialities are continually, persistently, and mercilessly being targeted for litigation: Obstetrics/Gynaecology, Neurosurgery, Neonatology and Orthopaedics – which is detrimental to the healthcare system.
A contributing factor to the higher awards of many of these medical malpractice claims, is the fact that many relate to children or infants, where the repercussions and damages suffered are long-term.
If you are in the medical profession, Medical Malpractice Insurance is essential. Medical Malpractice Insurance ensures that medical professionals have full protection in place to respond to their potential liabilities, where it protects both the healthcare professional, as well as the patients they treat.
This requirement goes beyond doctors and specialists: Physiotherapists, Homeopaths, Nursing staff, Health care and elderly homes professionals, to name a few, should all consider having this cover. Remember medical malpractice is mandatory and may limit exposure to claims made by patients.
Cover should apply to both practitioners and establishments. This is to cover them if anything goes wrong as a result of perceived or actual negligence or malpractice. With the awareness of rights that grows under the Consumer Protection Act (CPA), together with the increased protection and stringent requirements of the Act, more and more consumers tend to litigate.
A medical practitioner without PI protection would be personally liable for these costs and would run the risk of having all their assets attached, facing financial ruin, and leaving their patients financially uncompensated.
A few product options and specialist insurers are offering cover for medical malpractice. These options may be confusing...
In fact, the smartest thing you can do is -- Get a specialist broker to do it for you!