�The Doctors Company, the
largest national insurer of physician and surgeon medical liability
in the U.S., has filed a request with the California Department of
Insurance for an average rate reduction of 18.2 percent for its
California member physicians.
Depending on medical specialism and practice location, most California
physicians will see premium reductions ranging from 10 to 30 percentage.
In addition to the rate reduction, the company has besides requested
increasing its claims-free discount from 12.5 percent to 17.5 percent
for a numeral of surgical specialties -- including cosmopolitan surgery,
neurosurgery, orthopedic surgery, plastic surgery, and
thoracic/cardiovascular surgery.
In June The Doctors Company acquired The SCPIE Companies, a major
provider of health guardianship liability insurance policy, increasing its California
market share to 19,000 physicians.
"The financial strength and increased synergies of the newly combined
organization enable The Doctors Company to reduce premiums while
continuing to provide industry-leading member benefits, such as the
Tribute(R) Plan," said Richard E. Anderson, MD, FACP, president and
CEO of The Doctors Company. "This proposed rate reduction further
demonstrates our committal to California physicians wHO advance the
practice of good medicine."
The premium reduction is in addition to the Tribute Plan, a unequaled
financial benefit program that rewards physician members for their
loyalty and allegiance to superior patient guardianship. The Doctors Company
besides offers comprehensive patient base hit programs, including
opportunities to earn CME credits, and a wide of the mark array of tools,
support, and fantabulous customer servicing to make practicing medicine
easier and more rewarding for members.
About The Doctors Company
Founded by doctors for doctors in 1976, The Doctors Company
is relentlessly committed to forward,
protecting, and rewarding the practice of good medical specialty. The Doctors
Company is the largest national insurer of medico and operating surgeon
medical liability in the U.S. with 43,000 member physicians, $3
1000000000000 in assets, an A rating by Fitch Ratings, and an A- rating by
A.M. Best Company.
The Doctors Company
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