Q. What type of policies does EMPAC RRG write?
A. EMPAC RRG offers medical professional liability insurance coverage with various limits of liability under a “claims-made” policy featuring an incident trigger. The policy provides coverage for claims made against policyholders arising out of the performance of professional services rendered, or that should have been rendered, by the insured during a coverage period specified in the policy. Claims asserted against an insured are only covered when they relate to an incident that took place during the term when the policyholder had coverage with the Company and only if such claim is reported to the Company during the period of coverage.
Multiple locations can be covered through one EMPAC RRG policy and prior acts coverage is available to include terminated locations. EMPAC RRG’s policy provides a “run off” option for terminated locations.
Q. What types of services does EMPAC RRG insure?
A. As well as traditional ED locations, EMPAC RRG will also insure fast-track, urgent care on campus or off, hospitals, Pediatric Emergency so long as it is associated with adult EM exposure, admitting orders, air ambulance attending, death certificates, admitting orders, EMS system medical directorships and codes.
Q. Is the policy form specifically manuscripted for Emergency Medicine Physicians?
A. Yes. EMPAC RRG’s policy is emergency department specific and offers a single policy issued in the legal name of the group with premium determined by annual patient visits. All practitioners (FT, PT and midlevels) working for the named group are insured via this one single policy. Exiting physicians, due to retirement, career change or PT turnover are not required to obtain a “tail” as they will continue to be insured so long as the group policy remains in force.
Q. Is EMPAC RRG assessable?
A. No. EMPAC RRG offers only non-assessable policies. There are no Nevada laws or judicial decisions that would result in the imposition of assessments on members of the company.
Q. Are there mandatory deductibles?
A. No. There are no mandatory deductibles.
Q. What limits are available?
A. Various limits are available to members from $100,000 per claim to $1,000,000 per claim. Individual policy aggregates are three times the per claim limit and physician group policy aggregates determined on a case by case basis.
In states where the statutory maximum limits are lower than set forth above, the maximum limits of coverage will be those allowed by statute
Q. Can additional locations/insureds be added once the group has signed the policy?
A. A group opening a new location may add that exposure to their existing coverage or start a new and separate EMPAC RRG policy.
New practitioners can be added once the physician has submitted an individual physician application which has been approved by the underwriting team of EMPAC RRG. Insureds are encouraged to adopt EMPAC RRG’s standards for training and practice history into their criteria for recruiting.
Q. Will EMPAC RRG expand its geographical coverage to all 50 states?
A. EMPAC RRG is licensed by the state of Nevada and in the process of expanding throughout the U.S. Please refer to the EMPAC RRG website to learn if EMPAC RRG is already registered to offer insurance in your state. As a RRG the process of registering in a new state is straightforward and can be accomplished quickly. If your state is not listed, feel free to call us and inquire as to how soon that process might be completed.
Q. Will an extended reporting period or “tail” coverage be offered?
A. Yes, tail coverage will be offered. The cost and structure of tail end policies will be under the governance of the board of directors as is beneficial to the long term success of the company and its physician members.
As stated elsewhere, tails are not necessary for individuals departing our group coverage program.
Terminated locations can be placed into a run-off position.