Medical Malpractice Insurance – Slot

A narrow notch or opening, such as a keyway in machinery or a slit for coins in a machine. Also: A numbered position in a schedule or program. He slotted the appointment into his calendar.

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Slot medical malpractice insurance is a form of claims-made coverage that pays a claim only for services rendered by a physician during the policy period. It is commonly used for larger groups of part-time physicians and can help reduce costs in comparison to traditional full-time policies that include tail coverage.