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The
Program |
Other
Carriers |
| Company
Reputation & Financial Strength |
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Endorsed by the American Psychiatric Association |
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| - Highly rated insurance carrier |
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Sponsored by the Psychiatrists' Purchasing Group |
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Features
& Benefits
(may vary by state)
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| · The Program offers both occurrence and claims-made coverage. |
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Administrative and
Governmental Billing Defense Costs Endorsement
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Coverage for forensic psychiatric services and administrative defense benefit included in the policy
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Policies issued require the insured's consent to settle -
no "hammer clause" (see policy
for details) |
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Prior acts coverage available
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Vicarious liability coverage available |
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Behavioral healthcare group coverage available
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Loss of earnings |
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Peer review and utilization review |
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ECT/EST coverage included at no additional charge |
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Extended reporting waiver period for death, disability,
retirement |
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| Risk
Management & Claims Services |
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Toll-free Risk Management Consultation Service |
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Free quarterly risk management newsletter |
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CME-accredited risk management seminars |
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Experienced psychiatric claims staff and defense counsel
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Risk management self-assessment tool |
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| · Online Education Center featuring multimedia risk management presentations |
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| Discounts
(may vary by state) |
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Up to 50% part-time practitioner discount |
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Up to 60% early career psychiatrist discount |
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50% member-in-training moonlighting discount |
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15% child/adolescent psychiatrist discount |
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5% psychoanalysis as majority of practice discount |
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5% risk management education |
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Up to 5% behavioral healthcare group discount |
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