When you are a medical professional it is quite easy to get exposed to a legal entanglement for a number of reasons. The sheer fact that you could be making decision direct affecting people health can sometimes have serious consequences if you get it wrong. This could lead to short or longer term health issues with the individual or in the worst case even death. It is very rare for medical professionals to make such mistakes but it does happen and ensuring you have the correct protection in place to represent you in this instance is vitally important. Here are some of the reasons why.
Personal or Company Claims
In the rare case that someone wants to make a claim against you, then ensuring that you have all the correct medical insurance to support you is crucial. Cases in these instances can become extremely expensive and you could even have multiple on the go. Even worse, if people know you are not covered and an “easy target” they are even more likely to target you. You can get more information about medical indemnity insurance online and there is clear explanations on what is and what is not covered. The exact amount of money that you are covered for is also dependent on your specific plan and how much you pay as there are many different unique elements to this. When starting up, you can contact these companies and they will tell you everything they have to offer and you can modify your plan to suit this.
It is a sad fact however there are many different people out there that may want to tarnish your reputation unfairly. Specifically for new surgeons this is something that is really difficult to swallow as the success of you relies a lot on your reputation. If there is a need for a libel case then these type of insurance plans will assist and cover this giving you the correct legal representation that is needed.
Removal of your License
If you do not have the adequate insurance cover and the GMC think that this poses a risk they actually have the power to remove your license immediately. This may seem harsh however they will be looking to ensure that for any patient that has a claim, there is insurance cover in place from the surgeon that will protect them. Without them taking sides, they are wanting to ensure that there is sufficient cover in place to cover the worst case scenario. Another consequence would be that if there is a claim and it is not covered in your insurance policy then you will personally be liable to pay the money! This could be money you do not have and get you into a spot of bother.
Technology has been awesome in terms of medical advancements however there are many gremlins out there that will look to cause harm to your business and maybe even steal data. You have seen in news items how sometimes people take control of company systems and hold people to ransom. You may think that this cannot happen to you but it is another sad fact in the world that this is becoming even more common. On top of that, if they get a hold of people’s sensitive information from your company it could hold you even more in trouble as compensation may be required to be paid to the people where the information leaked. The correct level of insurance will cover this.
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