Medical Malpractice Insurance

Understanding VAT & How To Save On Your MedMal Insurance Premium

VAT explained Value Added Tax (VAT) is a secondary tax that is charged on the consumption of goods and services in the economy. In the context of medical practitioners, VAT is charged on the consumption of your services (the provision of healthcare). This means that a portion of your revenue is paid to SARS as…

What is a reportable circumstance and what is a claim?

A reportable circumstance is any occasion when the Insured first becomes aware of any of the following: an intimation of a possible claim for damages, including correspondence intimating that the Insured was at fault in relation to performing any service or is liable for costs incurred or losses suffered by a third party; or the…

What is Medical Negligence?

Medical means science, the practice of medicine or medical examination to assess a person’s state of physical health or fitness. Negligence means failure to take proper care or breach of a duty of care which results in damages When you put these terms together medical negligence – it is the act or omission by a medical professional that deviates from…