Canceling Coverage: Before You Go, Let Us Know
Canceling Your Policy & Your Extended Reporting Options Whatever reason brings you to cancel your coverage (leaving the practice, moving...
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- May 17, 2018
- 1 min
Policy Management: How Do I Add and/or Remove Insureds?
Steps to updating your policy's named and additional insureds. Keeping your policy up-to-date with the most accurate coverage for your...
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- May 8, 2018
- 1 min
Data Breaches: Am I Carrying Adequate Limits For My Practice?
Typical medical professional liability policies include from $25,000 to $50,000 in limits for cyber-related exposures, including response...
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- Apr 22, 2018
- 3 min
Tail Coverage: What is it, how does it work, and when am I eligible?
Tail coverage is also known as an "Extended Reporting Endorsement," and it can be purchased (or earned) when terminating a claims-made...
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- Apr 3, 2018
- 2 min
Navigating Your Risks in the 21st Century
In this issue you will read about:
Telemedicine
Cyber Security
Patient Safety
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- Mar 15, 2018
- 1 min
ThinkHR: A Free Service Saving You Thousands
We’re doing more than ever before in making a difference in your practice: we’ve expanded our coverage options and-as of 2017-we...
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- Feb 6, 2018
- 1 min
I'm Ready to Retire, What Do I Do?
Retiring as a physician is not as easy as giving two-week's notice. Physician retirement takes planning, and there are many things to...
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- Jan 16, 2018
- 2 min
Ending the Physcian Relationship: Thing to Know Before Letting Patients Go
You are not alone if you wonder how best to terminate the physician-patient relationship. Patient termination is a frequent issue for our...
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- Jan 3, 2018
- 1 min
We Closed 2017 By Saving You Thousands...Here's How
In this issue you will read about:
ThinkHR Savings
Safely Prescribing Opioids
EMR: Managing Your Risks
PRA Making a Difference
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- Dec 22, 2017
- 2 min
83% Of Physicians Suffer Cyber Attacks
Over 1,300 physicians were polled in a recent study conducted by Accenture and the American Medical Association on cyber security and how...
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- Dec 11, 2017
- 1 min
I Am Disabled, and Can No Longer Work. What Do I Do?
Physician Disability: Coverage Options and Re-Entry Opportunities If you are disabled and can no longer work due to injury or sickness,...
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- Dec 1, 2017
- 1 min
Covered Entities And Business Associates Beware
On November 28, the Office for Civil Rights (OCR) released a statement that a phishing email is being distributed on fake HHS letterhead...
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- Nov 30, 2017
- 2 min
Should I Be Concerned About Vicarious Liability?
The answer is YES if you or your practice employ, contract with, supervise, or share space with other medical professionals that see or...
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- Nov 28, 2017
- 1 min
The MACRA Muddle: Managing Your Risk
What is MACRA? How can it impact my practice? Am I eligible for MIPS and APMs under it? How can I manage my risk? Are you asking these...
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- Oct 25, 2017
- 1 min
Policy Types: What's the Difference Between Claims-Made & Occurence?
Claims-Made Policies: Covers claims that are “made” and reported to the Company while the policy is active The medical incident must have...
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- Sep 8, 2017
- 1 min
Hospital Employment: How Do I Blanace Work/Life and Keeping Professional Autonomy?
What Should I Consider Before Joining a Hospital? According to recent American Hospital Association statistics, 25% of all active...
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- Apr 15, 2017
- 1 min
New Partnership: WVSMA Insurance Program
WVSMA and Professional Risk Associates, Inc., have partnered to continue the benefit of providing insurance services to WVSMA members by...
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- Feb 23, 2017
- 2 min
Workers' Compensation: What You Might Not Know
Medical practices both large and small have a specific focus on safety. While safety can mean life or death for healthcare providers and...
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- Jan 23, 2017
- 1 min
What Is Business Insurance
We recently worked with a client to review their business insurance - aka Business Office Policy - as well as their workers' compensation...
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- Oct 27, 2016
- 1 min
Telemedicine:Risk & Reward
The demand for Telemedicine is on the rise. As demands grow on the consumer side, it's important to implement a plan for how to respond.
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Our independent insurance agents are dedicated to providing you reliable answers for your questions related to medical professional liability insurance, professional liability insurance, healthcare risk management solutions, and tips for improving patient safety in the hospitals. You can subscribe to our blog to receive up-to-the-minute updates on your insurance carriers and our other valuable clients services.