From a few thousand rands per month, medical indemnity cover has soared to over R1 million per annum for most health-care practitioners. But our medical specialists, specifically, should not be punished for making themselves available to deliver babies or perform other high-risk procedures.
Genoa Underwriting Managers have brought a Shariah compliant solution through to the under-served Muslim contingent market in South Africa who make up an incredibly valuable portion of the medical malpractice space.
While it is believed that the South African government has enough supply to vaccinate the entire adult population, there is still widespread vaccine hesitancy and a perception that the vaccine trials were rushed and a fear of possible side effects.
Many doctors complain that they don’t have sufficient time to keep accurate records, but assuming this attitude comes at a price. If a patient decides to sue, a lack of appropriate record-keeping will mean the practitioner involved does not have the evidence to back him- or herself up in court.
A key aspect of ensuring doctors have peace of mind with their medical malpractice renewal is to ensure that a timeous, effective and efficient renewal process is done professionally on an annual basis.