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Early Career Psychiatrists
Choosing a malpractice insurance policy is one of the first - and most
important - decisions you will face in your career. We understand
the needs of early career psychiatrists and provide specialized
services that ease the transition from residency to entering
a practice. Discounts
are as follows:
Up to
60% rate reduction for early career psychiatrists!
- First year of practice: immediately following completion of residency, fellowship or active discharge from military
- 60% discount on occurrence policies ( 50% discount in New York *)
-
60% discount on claims-made policies in California, Florida and Washington
- 50% discount on claims-made policies in all other states
- Second year of practice:
- 40% discount on occurrence policies (discount unavailable in New York for occurrence policies*)
- 40% discount on claims-made policies in California, Florida and Washington
- 25% discount on claims-made policies in all other states (including New York)
- Third year of practice:
- 35% discount on occurrence policies (discount unavailable in New York for occurrence policies*)
- 35% discount on claims-made policies in California, Florida and Washington
- 25% discount on claims-made policies in all other states (including New York)
(*As per New York State law)
In addition
to the early career premium discount, if you are a child and
adolescent psychiatrist and meet specific criteria, you are
eligible for a 15% rate reduction.*
Additionally The Program offers the same discounts to psychiatrists
following discharge from active military duty.**
Request
a complimentary CD-ROM from The Program! This resource
includes risk management articles and insurance information
created exclusively for early career psychiatrists. Request
CD-ROM.
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