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Strategies to Reduce Large Group Insurance Costs
Directors & Officers Insurance
This type of coverage protects managers of the corporation against personal
liability to investors, employees, vendors, participating physicians and
other provider organizations.
Errors & Omissions
Liability
Errors and omissions coverage addresses the largest area of exposure
claims arising from the day to day management of health care provided
to members.
E & O insurance covers the exposure areas that include vicarious
liability, credentialling and peer review, provider selection and utilization
review.
Large Group Malpractice Insurance Options providing specialized pricing,
risk sharing and coverage choices
• Fully insured large group coverage with discounts
• Fully operational Risk Retention Group (RRG) with discounted coverage
• Specialized MQI program with significant discounts for large
independent groups
• Full risk self insurance
• EMR Discounts
• Slot policies for part time physicians & nurses
Provider Stop Loss Insurance
Provider Stop-Loss Insurance protects the provider organization or medical clinic from catastrophic patient losses.
Data Breach Insurance
Organizations can and will be held liable in the case of a data breach. Data Breach Insurance will protect you.
a. Data Breach Claim Coverage – for claims from outside parties related to privacy issues and technology security breaches, as well as regulatory action against the practice
b. Data Breach Containment – covers costs of notification, crisis management expenses, credit monitoring costs, costs to investigate existence of a breach
c. Technology Extortion – expenses involved with an extortion attempt, “hacker” case
d. Data Restoration – cost to restore, recover or replicate data that is damaged or unrecoverable
Group Health Insurance
Group Life & Disability Insurance
Consolidated 401(k), 403(b) & 457 plans
For more information, please contact us at 800-522-7426.
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