Medical Malpractice Insurance

Now more than ever, physicians need to make sure that they have the right professional liability insurance coverage and carrier. The challenges presented by the legal environment and the insurance marketplace combine to make this a key practice issue. However getting the facts and making the right decision is difficult, costly and time-consuming. There are many factors to consider in reaching a decision and it’s almost impossible to do effectively without the help of an expert.

McDonald Insurance Group is a locally owned and managed insurance broker. We have specialized in working with Northwest physicians to find their Best Option for professional liability insurance since 1972. Our mission is to find our clients the best company, price and option for their particular needs, to support them with timely and quality service, and to become their partner, advisor and advocate on all practice insurance issues.

We represent all insurers of standard physicians in Washington State. We are one of only a very small number of brokers statewide who are authorized to represent all the standard carriers offering preferred rates; Physicians Insurance, Medical Protective, and The Doctors Company. This makes us uniquely qualified to provide you with a comprehensive report on the options available to you.

Benefits include competitive rates, broad innovative medical malpractice coverage, superlative claim handling, risk management credits, credits for part time practice and more. In most cases prior acts coverage is generally available so you won’t need to buy a tail coverage if you decide to change carrier.

Non-Standard or Hard-to-Place physicians are also our specialty. We have many top-rated insurance markets available for those physicians who have experienced problems in their practice, who recently have had a large claim, or who have just been cancelled or non-renewed by their carrier. If you are in this situation you will benefit greatly from our expertise; this is a complex marketplace in which pricing, coverage and other policy features vary widely between insurers. We charge no fees, there’s no obligation to buy, and your information is completely confidential.

Our Healthcare Team is staffed by seasoned insurance professionals who have an average of 10 years hands on experience in the medical malpractice insurance specialty. We will provide you with the excellent support and customer service your practice deserves.

So whether you just want to check your current policy terms against the marketplace, need a formal quote, or have an urgent coverage problem needing immediate solutions, we invite you to contact us by phone, fax or email today. We’ll respond to your request within 2 business days. Click here to contact us or call 1(888) 827-7400.

Our Products

We offer a complete range of insurance policies to protect our healthcare clients. Below are the common policies that we write. We look forward to discussing your unique situation and developing recommendations tailored to your specific needs.

MEDICAL PROFESSIONAL LIABILITY (MALPRACTICE) INSURANCE

Who it protects: Healthcare providers and entities

What it covers: Claims brought by patients or patient’s family for rendering or failure to render health care services. Provides funding for the payment of defense and indemnity costs. We represent standard companies for our clients who are relatively problem free, and surplus companies for clients who have higher current or past issues. Claims-Made or Occurrence forms available.

Alternatives: For large groups, we can arrange market alternatives such as self-funding and group captives.

DIRECTORS & OFFICERS LIABILITY INSURANCE

Who it protects: Directors and Officers

What it covers: Claims brought by creditors, shareholders, employees, competitors and others for allegations of breach of duty, neglect, error, misstatement, and similar causes whether or not the allegations are groundless; or false “patient care”, whether or not the allegations are groundless. Provides funding for the payment of defense and indemnity costs incurred by the insured.

BUSINESS OWNERS POLICY

Who it protects: Small business owners

What it covers: Property loss from fire, smoke, lightning and other perils. Claims for damages brought by third parties due to bodily injury and property damage sustained, generally, on the insured's premises or arising out of the insured's operations whether or not such claims are groundless or false. Provides funding for the replacement costs of property and for the payment of defense and indemnity costs.

ERRORS & OMISSIONS INSURANCE

Who it protects: Medical groups and clinics

What it covers: Claims arising out of failure to properly: screen provider credentials, conduct peer reviews, perform utilization reviews, and monitor provider competence whether or not the allegations are groundless or false. Provides funding for the payment of defense and indemnity costs.

EMPLOYMENT PRACTICES LIABILITY INSURANCE

Who it protects: Employers

What it covers: Claims for damages brought by employees due to the insured's violation of the laws and regulations governing employment practices such as sexual harassment, discrimination, and wrongful termination, whether or not the allegations are groundless or false. Provides funding for the payment of defense and indemnity costs.

EMPLOYEE BENEFITS LIABILITY

Who it protects: Employers providing employee benefits

What it covers: Negligent acts, errors or omissions in the administration of the insured's employee benefits programs, such as group accident and health insurance, profit sharing plans, and pensions. Claims can arise from counseling employees on plans, interpreting benefits, record keeping, enrollments and changes in elections. Provides funding for the payment of defense and indemnity costs.

FRAUD & ABUSE/BILLING ERRORS AND OMISSIONS

Who it protects: Healthcare entities and providers billing Medicare and Medicaid

What it covers: Governmental investigations stemming from Medicare and Medicaid billing. Provides funding for the payment the cost of audits, investigations, legal defense, judgments, settlements, civil fines and penalties.

EQUIPMENT MAINTENANCE PROGRAM

Who it protects: Hospitals, medical clinics and research facilities operating medical equipment such as radiology/X-Ray, laboratory, functional labs/respiratory therapy, surgery, cardiology/stress test/ICU/CCU/EKG, radiation oncology, ultrasound, nuclear medicine.

What it covers: Consolidates existing vendor maintenance contracts into one comprehensive program, eliminating high costs and inefficiencies assuring 10-25% immediate hard dollar savings. Provides annual program savings from $5,000 to $19,000,000 plus:

q Reimbursement for the costs of repair and maintenance;

q Reimbursement for training programs for hospital maintenance staff to increase the range of equipment maintained in-house;

q Assistance to client's biomedical staff in identifying sources for replacement parts;

q Sophisticated online equipment performance management reports;

q Engineering support services; and

q You control who performs the service.