EMR and Doctor Liability Insurance Discounts

Posted on January 7, 2011 I Written By

John Lynn is the Founder of the HealthcareScene.com blog network which currently consists of 10 blogs containing over 8000 articles with John having written over 4000 of the articles himself. These EMR and Healthcare IT related articles have been viewed over 16 million times. John also manages Healthcare IT Central and Healthcare IT Today, the leading career Health IT job board and blog. John is co-founder of InfluentialNetworks.com and Physia.com. John is highly involved in social media, and in addition to his blogs can also be found on Twitter: @techguy and @ehrandhit and LinkedIn.

A source just told me that an insurance company that does only professional liability insurance for doctors is providing a 5% discount to all doctors who implement EHR and use it in a meaningful manner.

This is really interesting news for me since I’ve seen a number of really interesting debates about whether use of an EHR would actually raise liability insurance for doctors or lower it. This is the first confirmed company I’ve found that has actually acted on a doctors use of an EMR in their liability insurance premiums (of course, maybe there are more I don’t know about).

Of course, there are a lot of details missing in the statement posted above. For example, how does the liability insurance company plan to measure if the doctor is using an EMR in a “meaningful manner”? Will they discriminate (not in a bad way, but in a good business way) against EMR software which isn’t up to snuff?

Lots of other issues that could be talked about, but I’m heading to the Digital Health Summit at CES. So, this should start a really interesting discussion and I’m sure I’ll do some follow up posts on this subject since I have plenty to say about it.

Also, looks like I’ll have to add liability insurance savings to my list of EMR benefits. I’m thinking it’s about time to do a series of posts on the “EMR Benefits.” One EMR benefit post a day would start a really interesting set of discussions I think.