Malpractice Insurance Quote
malpractice insurance quote
Why in 2004 did democrats say malpractice tort reform “is unfair to injured patients”?
but now that democrats control the house, senate, and presidency, they say it is necessary. The quote in 2004 was as follows:
Democrats accuse Republicans of playing up to their donors in the medical and insurance lobbies and say that limiting damages is unfair to injured patients and their families.
“I’ve never seen such special-interest legislation,” said Sen. Patrick Leahy, D-Vt. “Instead of going about doing the people’s business, we seem to be going about the political action committees’ business, and that’s why, of course, nothing is getting done.”
http://www.usatoday.com/news/washington/2004-04-07-malpractice_x.htm
Why the change? Isn’t the ability to have some dead beat that spills coffee on their lap and gets a $10 million award from McDonald’s fair? Why didn’t they support this in 2004 when they had a chance?
Just politics. The Association of Trial Lawyers is a heavy supporter of the democratic party. Cutting into tort suits and limiting damages would seriously hurt their business, especially if they work on contingency.
Now, they see it as an issue more politically valuable then the lawyer support.
Note: Obama does not support tort reform, so it will not happen (just heard his speech on the news).
Thank You
Tips on buying Malpractice Insurance
You know that there is a huge amount of risk that you undertake in your career if you’re a doctor, lawyer, or other related professional. It doesn’t matter how good you are at what you do, there’s always a chance that a mistake could happen in your career. One of the important things that you can do for your hard earned profession and career is to protect yourself by getting a Malpractice Insurance.
It is very important when buying Malpractice insurance that you get the correct amount of liability coverage but it is also equally important that you purchase the insurance from an insurance agent or company that you can rely on.
Here are some tips on how to make purchasing of malpractice insurance more convenient and safe.
1. You will be giving your insurance broker private information so make sure you feel comfortable dealing with him or her. You need to find someone very thrustworthy and someone who is best in making client service.
2. Check out the background of your insurance broker, he or she should have a stable background and must have a record of paying out claims by previous or existing clients.
3. Find an insurance broker or agent that is willing to understand your needs and not someone who just wants to get the sale.
4. Study the policy when your broker recommends a specific type of coverage. Ask questions and make sure to read the fine print. You should understand what is and what is not covered in your policy. It is extremely important that you really know 100 % what you’re getting yourself into.
5. Don’t settle for less service and not enough coverage. Just because an insurance policy is cheap it doesn’t mean it’s worth buying.
Try also to go to browse the internet and look for insurance quotes and coverages before signing up for one. There’s a lot of insurance companies that are willing to spend just to get your business.
