Understanding your medical malpractice insurance policy
“Arguably one of the most overlooked yet incredibly important aspects of your malpractice insurance policy is the Consent to Settle Provision. You’re paying thousands of dollars a year for your malpractice insurance; you should have a say in how your claims are handled, don’t you think? Today we’re going to talk about the consent to settle provision – why it’s important, how carriers can limit you, and what you can do to ensure that you’re in the driver’s seat for the handling of your malpractice claims in the future.
One of the most important features of a malpractice insurance policy is the consent provision, which gives you the authority to settle (or not settle) a claim that you are involved in. While this may feel like it does not concern you now, it could make a huge difference if and when you are involved in a malpractice case in the future.”
Jennifer Wiggins is a health care executive.
She shares her story and discusses her KevinMD article, “Understanding consent-to-settle in your malpractice insurance policy.”
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