Accidents and Mistakes Factor Into Nursing Home Insurance Rates

The main focus of nursing homes is to provide the highest quality of life for the residents living there. But from time to time situations arise where injuries, often unintentional, end up causing severe pain for the injured party and may require lengthy rehabilitation. The need for liability insurance for nursing homes is crucial, and preventing injuries from occurring can help to reduce nursing home insurance rates.

Attendants and nurses must be extra careful with regards to the services they perform for their residents. But when working with frail individuals, often in poor health, it can result in issues that will need to be addressed. Having this valuable coverage covers medical costs and any settlements brought against the doctors and staff. Here are a couple of the common claims normally associated with this industry that having a professional liability policy will help cover when purchased alongside other insurance policies.

Accidental injuries to residents

Many patients will require assistance getting in and of their beds or wheelchairs. Lifting a patient multiple times a day can easily result in accidents occurring, even though a patient may be receiving the utmost care. Even cautious staff members can have an occurrence where a resident winds up suffering an injury. An event of this type can spur lawsuits against a nursing home, and owners must be ready to defend the actions of their staff.

Medication errors are cause for alarm

Nurses operating within nursing homes usually have several patients that they care for daily, so there may be concerns when it comes time to dispense medication. Since each patient will more than likely require different medications, and at different dosages, nurses must be well organized. If the wrong medicine or wrong dosage is accidentally given to a patient, the results can have serious, even fatal, consequences.

These sorts of mistakes unfortunately do happen. For example, if a staff member at a nursing home mistakenly gives an Alzheimer’s patient the wrong drug for issues with their central nervous system, this could result in his or her blood pressure dropping so significantly that it results in the patient dying.

These are common risks and exposures that all medical personnel must be cognizant of, and are best handled by owners having liability insurance for nursing homes. Brokers who handle this line of business should look into ways that their clients can save on nursing home insurance rates.

Safety, Mistakes, and Miami Med Mal Insurance

Even during the most common medical procedures mistakes can be made. But just because they may be less likely to make headlines doesn’t mean they aren’t going to result in a Miami med mal lawsuit. Errors made by doctors or healthcare practitioners during treatment still impact the patients, and caregivers will often find themselves facing the consequences. The need for malpractice insurance is necessary due to the risks involved and the monetary exposures facilities and individuals may face.

While patient safety efforts have routinely focused on inpatient areas, for example, in the operating room, in the past couple of decades, however, medical procedures are frequently performed in settings outside of the hospital. This often results in an increased number of adverse events being identified cialis acheter. Doctors, nurses and other caregivers need to translate those lessons learned in hospital safety to these other settings of care in order to ensure that procedures are performed as safely as possible.

Florida’s statute of limitations for med mal cases

A Florida Statute commonly referred to as the “Statute of Limitations for Medical Malpractice” provides that claims for medical malpractice must be initiated within two years from the date that the incident is, or should have been discovered, and no more than four years from when the mistake happened. This doesn’t necessarily mean that a suit can’t be filed beyond that time frame. Extenuating circumstances allow up to seven years for a suit to be filed.

The lesson here is that, while doctors, nurses and other attendants are trained to perform their duties with the utmost care, medical procedures will not necessarily go as planned. Sometimes the health of the patient can have an adverse effect on a procedure being performed, or doctors who may be overworked and not performing at full capacity can also run the risk of making a costly error, even during a routine procedure.

Everyone in the healthcare industry needs to do his or her part to improve patient safety. Having Miami med mal insurance will protect doctors and their staff after an incident occurs, but the point is to put measures in place to help avoid those issues that can have such a devastating effect on everyone involved.