But what if the treatment goes sour due to negligence of doctors?
What is Medical Malpractice Insurance?
Medical malpractice typically concerns the negligence of a healthcare professional. In order to prove, it usually requires evidence that the plaintiff suffered medical injuries due to a medical professional’s breach of conduct. Such examples include, prescribing wrong medicines, giving wrong medical advice, performing wrong surgery and reckless handling of a patient's body.
Hence, medical malpractice liability refers to when a person or multiple people should be held legally responsible for a patient’s injuries. Typically, it involves one party but it is not out of the ordinary to involve multiple parties. For example, a nurse may have followed a wrongful doctor instruction, both parties can be held liable. Nonetheless, in some cases, it may be challenging to determine who the liable parties are.
What does Medical Malpractice Insurance cover?
Medical malpractice insurance covers a wide range of expenses. The following are the basic coverage that are included in a Medical Malpractice policy:
- Attorney fees
- court costs
- Settlement costs
- Medical damages
- Arbitation costs
- Unintentional intellectual property infringement
- Reasonable and neccesary costs of replacing or restoring lost documents
Is Medical Malpractice Insurance important?
Who needs Medical Malpractice Insurance?
In Thailand, this policy is only available to businesses. Thus, medical personnel may not be able to purchase for themselves, however, it is the duty of hospitals, clinics and dentistries to purchase a medical malpractice solution and provide coverage for the aforementioned medical personnels.
How much does a Medical Malpractice Insurance policy cost?