HCP National Announces a Lower Cost Tail Medical Malpractice Insurance Product for Solo MDs and Medical Groups at 30 to 40% Less Cost
Aliso Viejo, CA (PRWEB) March 09, 2016 -- William Dyer announced today that HCP National has alternatives for costly Tail Medical Malpractice Insurance for invasive specialties, groups, and solos (OBs, cosmetic surgeons, family practitioners who deliver babies, general surgeons and noninvasive specialties).
Dyer stated: With so much physician movement, physicians face a huge expense for Tail, or Prior Acts insurance. When a physician leaves a practice, they often have to purchase Tail Malpractice coverage for potential claims that could have occurred during the time their Claims-Made policy covered them. Typically, their current insurer will send them a bill for Tail, which is often a small fortune, which they have to pay all at once. We have alternatives that are 30 to 40% less costly, yet provide equivalent coverage from highly rated insurers. For example, we had a general surgeon with a $55K Tail bill, which we reduced to $32K. Further, an OB was billed $74K, which we decreased to $59K.
HCP National, “The Healthcare Industry’s Insurance Broker,” provides Tail, or Prior Acts, coverage for solo Medical Malpractice insurance, group Malpractice insurance, and also E&O and D&O, Cyber Breach E&O, ACO Stop Loss, HMO Reinsurance and Managed Care Stop Loss, for over seventeen years. HCP provides Tail/Prior Acts coverage nationwide.
HCP National has offices helping doctors with Medical Malpractice insurance in California (Riverside and Aliso Viejo).
For more information about our standalone Tail Malpractice Coverage, please contact William Dyer at 888-478-6756 ext. 101 or visit http://www.hcpnational.com/medical-malpractice-insurance-quote/.
William Dyer, HCP National Insurance Services, Inc., +1 888-478-6756 Ext: 101, [email protected]
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