Farm Insurance Online :: News
SHARE

Share this news item!

How Rising Malpractice Claims Are Influencing Insurance Costs for Health Care Professionals

Strategies to Mitigate the Impact of Increasing Premiums

How Rising Malpractice Claims Are Influencing Insurance Costs for Health Care Professionals?w=400

The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.

The Australian health care sector is witnessing a notable rise in malpractice claims, a trend that is directly impacting insurance premiums for practitioners.
This increase is attributed to several factors, including heightened patient awareness and a more litigious environment.

As a result, insurance providers are adjusting their risk assessments, leading to higher premiums for health care professionals. This development poses a challenge for practitioners striving to balance comprehensive coverage with cost-effectiveness.

To address this issue, health care professionals can implement several strategies:

  • Engage in continuous professional development to stay abreast of best practices and reduce the likelihood of errors.
  • Implement robust risk management protocols within your practice to identify and mitigate potential risks proactively.
  • Consider joining a group insurance plan through professional associations, which can offer more favourable rates due to collective bargaining power.

By adopting these measures, practitioners can not only enhance patient safety but also potentially reduce their insurance costs in the long term.

Published:Saturday, 20th Dec 2025
Source: Paige Estritori

Please Note: If this information affects you, seek advice from a licensed professional.

Share this news item:

Insurance News

Heightened Road Risks as Holiday Travel Meets Freight Surge
Heightened Road Risks as Holiday Travel Meets Freight Surge
23 Dec 2025: Paige Estritori
As the Australian summer holidays approach, a significant increase in road traffic is anticipated, coinciding with peak freight activity. This convergence raises concerns about heightened road risks, prompting insurers and transport specialists to issue warnings to motorists. - read more
Addressing the Surge in Collision Risks Among Australian Fleet Operators
Addressing the Surge in Collision Risks Among Australian Fleet Operators
23 Dec 2025: Paige Estritori
Australia's transport and haulage sector is currently navigating a period marked by an uptick in motor collision claims, posing significant challenges for fleet operators nationwide. This trend underscores the necessity for enhanced risk management and insurance strategies to safeguard operations and maintain profitability. - read more
Inattention and Speed: Primary Factors in Australian Truck Crashes
Inattention and Speed: Primary Factors in Australian Truck Crashes
23 Dec 2025: Paige Estritori
The National Truck Accident Research Centre (NTARC) has released its latest Major Incident Investigation Report, shedding light on the predominant causes of significant truck crashes across Australia. The findings underscore the critical need for targeted interventions to enhance road safety within the transport industry. - read more
Australian Insurers Urged to Strengthen Cyber Risk Defenses
Australian Insurers Urged to Strengthen Cyber Risk Defenses
23 Dec 2025: Paige Estritori
Recent findings from the PwC Insurance Banana Skins Survey indicate that Australian insurers are trailing behind their global counterparts in preparedness for cyber threats. The survey, which gathered insights from 698 insurance executives across 42 territories, revealed that Australian insurers scored 6.6% lower on the Preparedness Index compared to the global average. - read more
Australian General Insurers Report Record Profits Amid Premium Hikes
Australian General Insurers Report Record Profits Amid Premium Hikes
23 Dec 2025: Paige Estritori
Australia's general insurance industry has reported a 19% return on equity (ROE) for the 2025 financial year, marking the highest in a decade. This significant achievement is attributed to favourable weather conditions, strong investment gains, and the continued flow-through of premium increases, as detailed in the latest Optima Report by actuarial consultancy Finity. - read more


Farm Insurance Articles

How to Protect Your Farm Investments with the Right Insurance Plans
How to Protect Your Farm Investments with the Right Insurance Plans
If you are running a farm, you already know that it is more than just a business; it's a way of life. Your farm is a culmination of hard work, valuable resources, and significant financial investments. - read more
Custom Farm Insurance: Tailoring the Perfect Policy for Your Agricultural Needs
Custom Farm Insurance: Tailoring the Perfect Policy for Your Agricultural Needs
Welcome to the world of farm insurance, where no two policies are the same, just as no two farms mirror each other in operations and risks. As a farmer, you are acutely aware that your agricultural endeavors bring a unique set of challenges and needs. Recognizing this diversity is the first step in protecting your livelihood. - read more
Are You Covered? Common Insufficient Coverage Mistakes in Farm Insurance
Are You Covered? Common Insufficient Coverage Mistakes in Farm Insurance
Welcome to our discussion on farm insurance, a vital aspect for anyone involved in agriculture. Whether you run a smallholding or manage extensive agricultural operations, understanding your insurance coverage can make all the difference in safeguarding your livelihood. - read more
Safeguarding Your Harvest: The Importance of Crop Insurance
Safeguarding Your Harvest: The Importance of Crop Insurance
In the ever-unpredictable world of farming, crop insurance emerges as a pivotal ally for farmers, hedging against the myriad of risks that come with cultivating the land. As the first step to understanding this crucial safeguard, let's unfold the question: What is crop insurance, exactly? In essence, crop insurance is a type of cover designed to cushion farmers from financial losses due to unavoidable circumstances such as adverse weather conditions, pests, disease, or even market fluctuations. - read more
Adapting to Change: How Australian Farms Can Thrive Amidst Climate Shifts
Adapting to Change: How Australian Farms Can Thrive Amidst Climate Shifts
Australia's agricultural sector stands as a testament to the resilience and ingenuity of its farmers. Yet, this stalwart industry faces one of its greatest challenges: climate change. Rising temperatures, erratic weather patterns, and extreme events, from droughts to floods, are now common hurdles on the landscape of Australian farming. - read more


Farm Type:
Postcode:

Insurance quotes are provided free and without obligation by a specialist from our national broker referral network. See our privacy statement for more details.


Knowledgebase
Insurance Deductible:
That part of an insurance claim that must be paid by an insured person before the the balance is paid by the insurer.