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NJ PURE Launches Free Video Network to Give Physicians a Stronger Understanding of Medical Malpracti |
| Written by Gary Taffet | |
| Wednesday, 02 July 2008 | |
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Website Provides Tools to Help Research the Financial Strength of Insurance Companies
For Immediate Release Media Contact:Jonathan JaffeJaffe Communications908-789-0700 NJ PURE Launches Free Video Network to Give Physicians a Stronger Understanding of Medical Malpractice Insurance Website Provides Tools to Help Research the Financial Strength of Insurance Companies PRINCETON, NJ – July 2, 2008 – NJ PURE, a not-for-profit medical malpractice insurance provider based in Princeton, N.J., today launched a free online network to help physicians and practice managers gain a stronger understanding of the complex landscape of medical malpractice insurance. “In light of the recent insolvency of MIIX, New Jersey’s former largest medical malpractice company, that left hundreds of physicians personally at risk for claims, we created these video presentations to address difficult questions raised by physicians and practice managers,” said Eric S. Poe, an executive with NJ PURE. “The videos also provide tools for them to conduct their own independent financial research of insurance companies to protect themselves against personal financial risk.” NJ PURE, the only direct writer of medical malpractice insurance in New Jersey, has launched this educational series with six online videos; more are in development. The videos can be accessed at www.puremedmal.com. “Although physicians spend countless hours in medical school learning to diagnose and treat illness, they are rarely taught the basic fundamentals of medical malpractice, which may ultimately determine their success or failure,” Poe said. “Physicians often rely on agents and brokers for advice, but the fact is, these individuals are only required to attend 40 hours of classroom time covering general insurance topics in order to be licensed to sell medical malpractice insurance.” Poe said the online videos provide direct, independent information to physicians and practice managers to help them make informed decisions about the insurance they need, as well as how to gauge the fiscal solvency of the companies that sell medical malpractice insurance.Here is a synopsis of the video series:
Will you receive a free tail? The most common mistake made by physicians is their lack of information regarding the qualifications to receive a “free tail” in a claims-made policy. Is it true that the higher insurance limit that physicians buy to protect themselves can actually put them at a higher risk during a malpractice claim? This video tackles the subject.
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