Many doctors have through the Dade County Medical Association Workers’ Compensation Program.
Since the rates for workers’ compensation insurance are set by the state, prices are the same no matter where you secure coverage. But now, you are eligible for this 30% dividend, which effectively reduces the true cost of coverage. For example:
- $10K premium has returned an average dividend of 30%, or $3,000
- $5K premium has returned an average dividend of $1,500
- $2K premium has returned an average dividend of $600
Other programs may offer similar dividends on an individual basis, but our program is based on the group’s experience and not the individual’s experience. This provides a better chance to not only receive the dividend, but to receive a higher dividend.
AmTrust North America (formerly Comp Options) has been a true partner to the Dade County Medical Association for many years, and now, with the resources of AmTrust – rated “A” (Excellent) by A.M. Best – we are able to provide this exclusive enhanced dividend program that is like no other for Florida physicians and medical practices. To date, these programs have returned a dividend for 12 straight years, with over $5 million over the past five years to Florida medical associations’ members: $600,000 of that went to DCMA members.