Danna-Gracey is proud to offer and recommend to you the following additional coverages:
Higher Limits on your Malpractice Coverage: As pricing has decreased in the last several years, we are seeing more doctors carrying higher limits so you might consider a quote. Limits available are:
• $500,000/$1.5 Million
• $1 Million/$3 Million
• Others upon request and underwriting approval
Regulatory and Investigatory Coverage: Your basic malpractice insurance policy may or may not include coverage for state, federal, and managed care audits and investigations, including RAC audits and their cousins on steroids! We have stand-alone investigatory coverage, or if your policy already has it, then you may be eligible to purchase higher limits.
Employment Practices Liability (EPLI): Provides liability insurance protection for employment-related claims made by current, former, and even prospective employees, such as:
• Wrongful dismissal, discharge, or termination of employment
• Employment-related misrepresentation
• Violation of employment discrimination laws
• Sexual and other harassment
• Wrongful failure to hire or grant tenure
• Negligent evaluation
• Invasion of privacy
• Employment-related defamation or infliction of emotional distress
Cyber Liability Protection Coverage: An aggressive, broad coverage that protects doctors against regulatory and liability claims arising from the theft, loss, or accidental transmission of confidential patient or financial information, as well as the cost of data recovery.
Medical Directorship Coverage: Medical liability insurance plans generally cover clinical issues as defined by hands-on care of patients, but do not cover medical director administrative activities and decisions, implementation of resident care policies, or coordination of medical care. Therefore it is necessary to have separate liability insurance that covers the administrative duties and role of the medical director.
Workers’ Compensation Insurance: The rates for workers’ compensation insurance are set by the State of Florida. Your practice will pay the same price no matter where you choose to secure coverage. However, under the OptaComp program, you may be eligible for a potential dividend of up to 24.8%.
If you would like more information on any of these products, or to discuss all available options and coverages, please contact the experts at Danna-Gracey at 800.966.2120.