Industry Expertise
Healthcare
For over eighty years, we have served the healthcare industry. From medical laboratories to hospitals, doctors’ offices to pharmaceutical companies, and third party administrators to healthcare software providers, we have the resources and expertise to protect your healthcare business. We recognize that each organization is unique, so we tailor programs for each of our clients.
We know the risk specific to the healthcare industry.
The healthcare industry has specific exposures to risk that must be adequately addressed. Because of our expertise and experience, we know the risks you face. Some of these risk exposures include:
- Professional Liability including Managed Care and Benefits Management
- Medical and Computer Equipment Breakdown
- Business Interruption
- Courier Liability
- Medical Records Protection
- Medical Billing Reimbursement
- Reimbursement of Medical Waste
- HIPPA / Privacy Issues
- Government Agency — Defense Protection Reimbursement Fiduciary Liability
Your patients are not the only ones that need checkups. To ensure your insurance program is in good health, we can review your insurance program for any unprotected exposures. Give us a call to learn how we can protect your business and give you confidence moving forward.
Success Story - Managed care organization avoids a violation from The Department of Insurance
A large managed care organization was undergoing an on-site regulatory examination by The Department of Insurance (DOI) when the examiner revealed that the organization had not met DOI's standards for compliance as it related to employee dishonesty coverage for a period of three years. In order to avoid being found non-compliant and the associated penalty, our client immediately alerted us to see if we could find a solution. A short window existed before examiners would leave and the violation would be officially documented.
In less than forty-eight hours, our agency along with the insurance carrier modified the policy language, went back retroactively on coverage for three years, and processed the endorsement for the examiner's file. As a result, our client avoided having the violation documented.
