The Reality of Malpractice Insurance with Jason Shah, MD

Money Checkup with Anjali Jariwala

The U.S. sees six to eight medical malpractice claims per 100 doctors per year says Dr. Jason Shah, cofounder of Flagship Healthcare.

If a judge rules in favor of the patient, the average settlement or judgment is about $400,000 — although that can vary widely based on where the claim is filed and the physician’s specialty.

At the most basic level, physicians need to be insured for the potential of a malpractice suit. Check out the show with Jason as he walks us through the basics and nuances when pursuing this type of insurance.

Jason Shah, M.D. is cofounder of Flagship Healthcare, a medical malpractice insurance firm that was acquired by Alera Group in 2017. His business is now known as the Alera Healthcare Professional Liability Division and insures more than 5,000 physicians nationwide. Learn more about their services here. Contact Jason at [e-mail].