In December 2004 the MAOFP created an Ad Hoc Committee on Medical Liability which has compiled the following
suggestions when seeking to choose the best malpractice insurer to meet your needs. We have also compiled a list of the
largest insurers in Michigan to assist you in contacting them.
If you have any suggestions on ways in which our committee can work to assist our members in this process please contact our office at: maofp@mi-osteopathic.org.
It will take two to three months to research companies. Collect the necessary historical data and submit applications (which are getting disgustingly detailed). Present this information to company underwriters and get a true quote back.
We are spending a great deal of money for malpractice insurance, we have the right to have information presented to us in a professional manner in which we can compare other programs. Look for hidden extra costs.
Consider the company’s fiscal health, on shore versus off shore companies, hospital or group policies, common council requirements, rights to settle a physicians or companies choice? Look at portability and regional differences (what works in rural areas will not always work in metro areas).
Minor surgery rates cost you between $4,000 and $10,000 in premiums. Look at what those procedures generate in income and evaluate whether they are profitable to you or not.
If you have claims made insurance and are one or two years from retirement and have been with a company for greater than five years, the tail is likely to be covered. If you leave you will be stuck practicing for five more years or have to pay for a tail.
Claims made, modified claims made or occurrence.
Too long physicians have been private about what they pay for malpractice, but communication with your friends can save you thousands of dollars.
Following is a list to assist you with contacting the various malpractice insurers.
1301 N. Hagadorn Rd.
East Lansing, MI 48826-1471
800-748-0465
www.apassurance.com
P.O. Box 221109
1531 Ormsby Station Court
Louisville, Kentucky 40252
502-895-6404
Fax – 502-895-6406
866-797-2273
www.care-ins.com
17 State St. 29th Floor
New York, NY 10004
212-978-2828
www.hudsoninsurancecompany.com
5814 Reed Rd.
Ft. Wayne, IN 41835
260-485-9622
800-463-3776
www.gemedicalprotective.com
6215 W. St. Joseph Highway
Lansing, MI 48917
800-777-6428 ext. 8224
Fax – 517-323-0973
www.mha.org
2600 Professional Drive
P.O. Box 150
Okemos, MI 48805-0150
800-292-1036
www.pronational.com
14001 University Ave.
Clive, Iowa 50325-8258
800-864-8026
Fax – 866-852-8522
www.psic-insurance.com
This list may not be a complete list.
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