If you are a group practice hiring a new physician(s) or acquiring other groups We just add the incoming physicians to our insurance coverage at mature rates including prior acts. Why – because it has always been more cost effective? Not the case anymore, and when you include coverage with full prior-acts you are inviting claims from past practice activities to become part of your group’s claims experience.

Group practice obligated to purchase tail coverage for a departing physician(s) Whether the departure is on good terms or bad terms, the departing physician is no longer part of your group. Consider segregating the departing physician’s liabilities and potential future malpractice claims from your group’s experience by purchasing tail coverage from an A.M. Best “A” rated carrier – who is not your current insurance company. If the group is paying for the departing physician’s tail insurance cost the bonus is you’ve minimize the expense.

We have made it through the long process of winding down our private practice. We are now much more educated about malpractice insurance and the business of medicine. We appreciate your patience over these past few months addressing all of our many issues even the trivial ones - the same way we believe our patients perceive us. Keep up the good work and thank you.
President of Orthopaedic Group
President of Orthopaedic Group