Many doctors have through the Palm Beach County Medical Society 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 Palm Beach County Medical Society 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: $1 million of that went to PBCMS members.
For more information on the workers’ compensation insurance program, please contact Tom Murphy at 800.966.2120.