It is always favorable to have more choices for Californian physicians in the standard market. Reimbursements continue to be low for physicians, and the economic pressures on California physicians are the greatest they have ever been.
Aliso Viejo, CA (PRWEB) June 07, 2011
William Dyer, vice president and cofounder of HCP National, announced today that a new California medical malpractice insurance product and existing New York medical malpractice insurance products for surgeons and OB/GYNs seeking insurance in those states. This new malpractice insurance company is an A+ rated standard insurer, which is new to California; it can be the most competitively priced for invasive specialties groups and solos (OBs, cosmetic surgeons, family practitioners and general surgeons). There are currently four admitted companies offering malpractice insurance in California: The Doctor’s Company, Medical Protective, NORCAL Mutual and PULIC. The new insurer will be the fifth admitted malpractice insurer for Californian Physicians.
Dyer stated, “It is always favorable to have more choices for Californian physicians in the standard market. Reimbursements continue to be low for physicians, and the economic pressures on California physicians are the greatest they have ever been. They need to save money on their medical malpractice insurance and all other areas of expense. The more malpractice insurance capacity, or competition, there is for the physician’s malpractice business the lower the pricing will be. Our company’s mission since 1994 has been to save physicians money on their medical malpractice insurance, and this new insurer advances that mission.”
HCP National, “The Healthcare Industry’s Insurance Broker,” has been providing solo medical malpractice insurance, group malpractice insurance, affordable stand-alone tail malpractice insurance, E&O and D&O, Managed Care Stop Loss and Benefits for over seventeen years. HCP provides medical malpractice insurance in California as well as New York.
HCP also offers workers compensation and property casualty insurance. HCP National has offices dealing with medical malpractice insurance in California Riverside and Aliso Viejo and in, New York, Manhattan.
For more information about California medical malpractice insurance or New York medical malpractice insurance, please contact, William Dyer at 888-478-6756 ext 101 or visit http://www.hcpnational.com/healthcare/medical-malpractice.php.