Medical professionals practicing medical aesthetics have to often deal with medical malpractice insurance. Failing to pay attention to the insurance policy specifics could mean having no coverage during a claim.
When underwriting medical aesthetics practice, one should consider every aspect of aesthetic insurance. Moreover, different insurers have different coverage rates and guidelines. Thus, one should be careful when hiring an underwriter for medical aesthetic malpractice insurance application.
Here are some of the mistakes you should avoid when making medical aesthetic malpractice insurance applications.
- Incorrect Treatment Counts
During the process of underwriting medical aesthetics practices, underwriters often take the number of treatments offered by the practitioner when determining the price. As a result, it is commonly seen that facilities offering more treatments are more likely to get sued for compensation.
A majority of insurers’ underwriting rules consider the number of patient visits as treatment counts. However, many medical aesthetic practitioners confuse it with the number of injections given. The facility should consider one treatment count for the patient, no matter how many units of injections have been given to him/her.
- Overestimating Revenue
When determining malpractice pricing, annual estimated gross revenue plays a critical factor. Since there is no way to accurately …
The fish farming business is thriving at over 6.5 percent rate every year all over the world. Catfish, tilapia, and rainbow trout are the most commonly reared variety. Many farmers are transforming their farm into an aquaculture business because of various benefits derived from it. Various farming tools are essential for all types of fish farming business.
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As an employer or business owner it is your duty to create a safe working environment for your employees that allows them to find full expression.
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Email marketing can be an extremely effective tool for any business in order to build trust with your customer base. Due to the nature of the healthcare business, it is essential to have a strong relationship and a sense of trust, as they are putting their health in your hands. Here are three different ways that email marketing can build trust to retain customers and give them the best possible experience with you.
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Useful Health Tips
Another way that you could build trust is to …
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