As a large healthcare organization purchasing physician practices, you also may be taking on considerable tail exposure that you wish to insure. ProAssurance provides coverage on both an admitted and excess basis—through an annual reporting policy or a prior acts reporting policy.
Your organization receives coverage for this exposure through a ProAssurance claims-made policy that excludes future exposures and covers those from the past. You also may add a deductible, incorporate aspects of a retrospective plan, or use another option to personalize coverage; this approach will help you meet your organization’s risk tolerance and needs.
You can cover your hired physicians’ tail exposure through one easy policy and invoice, updated annually to reflect physicians leaving and other changes. Address your organization’s unique needs while covering this tail exposure through ProAssurance.