For decades, the claims-made policy form has been the leading choice for physicians’ medical malpractice insurance. Most individual doctors, group practices, and hospitals will someday feel the sticker shock associated with an expensive tail quote from their insurance carrier. “The good news is that they now have choices,” says Diederich Healthcare CEO and Chairman Jeff Diederich. “Our team of experts proudly brings a multitude of options to the table.” Not only do healthcare providers now…
Purchasing a tail insurance policy can prove to be a burden to healthcare providers when retiring, changing employers or under other circumstances which might require the termination of a claims-made policy. Gone are the days when the only options were to “go bare” or purchase tail insurance for the significant premium offered by the incumbent carrier. Diederich Healthcare equips physicians with multiple options for standalone tail insurance policies. Extended reporting period (better known as “tail”)…
Physicians across the country are now able to secure affordable stand-alone tail coverage. In an effort to contain the costs of tail coverage for physicians, Diederich has taken the steps necessary in order to be able to provide cost-effective stand-alone tail coverage for physicians. More frequent than ever, physicians have begun closing their private practices to seek stability as an employed medical provider with a large integrated health system. Many medical experts consider this “an…
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