Navigation Links
OSMA Gives The Doctors Company Exclusive Endorsement
Date:4/23/2009

COLUMBUS, Ohio, April 23 /PRNewswire/ -- The Ohio State Medical Association (OSMA) has endorsed The Doctors Company, the largest national insurer of physician and surgeon medical liability, as the preferred medical liability insurer for its membership.

"While the medical liability marketplace has improved, with fewer claims and lower premiums, medical liability continues to be among the top concerns of physicians in Ohio," said OSMA President Roy H. Thomas, MD. "Our endorsement of The Doctors Company helps provide our members with affordable medical liability insurance."

Physicians must be current, active members of the OSMA to qualify for the professional liability program. Members who meet the requirements for all of the premium discounts and credits can receive up to an additional 10 percent premium reduction in their medical liability insurance. This includes several exclusive discounts: a 5 percent premium discount, a 2.5 percent credit for those members who use the OSMA EHR Standards of Excellence Program or the OSMA Patient Satisfaction Program, and a 2.5 percent claims-free credit.

The Doctors Company offers a combination of coverage features, aggressive claims handling, and educational resources. In addition to participation in its multiyear dividend program and free CME, members insured with The Doctors Company are eligible to participate in the Tribute(R) Plan, a financial award that rewards physicians for their loyalty to The Doctors Company and their dedication to practicing good medicine.

"We appreciate that the OSMA recognizes The Doctors Company's long-standing commitment to the Ohio physician marketplace. With the largest professional liability staff dedicated exclusively to the state's physicians, we deliver unparalleled service, aggressive legal defense, and member benefits no other insurer can match," said Thomas G. Luffy, regional vice president of underwriting for The Doctors Company.

The exclusive endorsement with The Doctors Company is the latest effort by the OSMA to provide its members with affordable medical liability insurance. In 2002, with premiums increasing nearly 30 percent, Ohio was in a state of medical liability crisis. Many doctors were eliminating high-risk procedures, while others contemplated leaving the practice of medicine altogether, putting access to care in jeopardy.

However, through the work of the OSMA, physicians rallied together to change the medical liability landscape in Ohio. The OSMA sponsored 20 sweeping tort reform measures, which were enacted in 2004. Since then, premiums are down nearly 20 percent in the last three years and there has been a 34 percent decrease in medical liability lawsuits during that same time frame.

For more on the OSMA's endorsement of The Doctors Company, go to www.osma.org.

About OSMA

The Ohio State Medical Association is a statewide association representing 20,000 Ohio physicians, residents, medical students and practice managers. It is dedicated to improving the practice of medicine for physicians, their staff and patients, by advocating their position, saving them time and money, and promoting the medical profession. The OSMA is affiliated with the American Medical Association on the national level and county medical societies on the local level.

lAbout The Doctors Company Founded by doctors for doctors in 1976, The Doctors Company (www.thedoctors.com) is relentlessly committed to advancing, protecting, and rewarding the practice of good medicine. The Doctors Company is the largest national insurer of physician and surgeon medical liability with 45,000 member physicians, $2.8 billion in assets, and an A rating by Fitch Ratings.


'/>"/>
SOURCE Ohio State Medical Association
Copyright©2009 PR Newswire.
All rights reserved

Related medicine news :

1. New oncogene gives valuable insight into hepatocellular tumors in humans
2. NY Times Best-Selling Author Brenda Novak Gives Annual Mothers Day Gift of Hope to Diabetic Son and Others
3. FDA Gives Clinical Trial Green Light on Drug to Treat Alzheimers Disease
4. Health Care Policy Analyst Gives SALGBA Attendees a Glimpse of the Future
5. ScheduleAnywhere.com Gives Managers New Tools to Create Employee Schedules and Reduce Overtime
6. Nevada Breast Augmentation Surgeon Gives Reno Patients a Glimpse of Likely Results with Portrait 3D Computer Imagery
7. The Marcus Foundation Gives $20 Million to Grady Health System
8. New Program Gives Guardian Dental Pre-Paid/DHMO Members Greater Access to Specialty Care
9. Entertainment Fusion Group Gives Back
10. Rhode Island Cigarette Tax Increase Delivers Victory for Kids and Taxpayers; $1 Increase Gives State Highest Cigarette Tax in the Nation
11. American Heart Association Statement Gives Guidance on Minimally Invasive Procedures to Treat Diseased Brain Vessels
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/26/2016)... ... June 26, 2016 , ... Pixel Film Studios Released ProSlice Levels, a Media ... give their videos a whole new perspective by using the title layers in ... Studios. , ProSlice Levels contains over 30 Different presets to choose from. ...
(Date:6/26/2016)... ... June 26, 2016 , ... Many women are ... with endometriosis. These women need a treatment plan to not only alleviate symptoms ... can help for preservation of fertility and ultimately achieving a pregnancy. The specialists ...
(Date:6/25/2016)... ... ... of Bruton Memorial Library on June 21 due to a possible lice infestation, as reported ... head lice: the parasite’s ability to live away from a human host, and to infest ... in the event that lice have simply gotten out of control. , As lice are ...
(Date:6/25/2016)... ... 25, 2016 , ... As a lifelong Southern Californian, Dr. Omkar Marathe earned ... the David Geffen School of Medicine at UCLA. He trained in Internal Medicine at ... fellowship in hematology/oncology at the UCLA-Olive View-Cedars Sinai program where he had the opportunity ...
(Date:6/25/2016)... ... June 25, 2016 , ... Conventional wisdom preaches the benefits of moderation, ... the latter, setting the bar too high can result in disappointment, perhaps even self-loathing. ... toward their goal. , Research from PsychTests.com reveals that behind the ...
Breaking Medicine News(10 mins):
(Date:6/24/2016)... Mass. , June 24, 2016   Pulmatrix, ... pharmaceutical company developing innovative inhaled drugs, announced today that ... Russell Investments reconstituted its comprehensive set of ... "This is an important milestone for Pulmatrix," ... will increase shareholder awareness of our progress in developing ...
(Date:6/24/2016)... 2016  Arkis BioSciences, a leading innovator in ... durable cerebrospinal fluid treatments, today announced it has ... is led by Innova Memphis, followed by Angel ... investors.  Arkis, new financing will accelerate the commercialization ... release of its in-licensed Endexo® technology. ...
(Date:6/23/2016)... Research and Markets has announced the addition of ... report to their offering. ... kidney failure, it replaces the function of kidneys by removing ... thus the treatment helps to keep the patient body,s electrolytes ... Increasing number of ESRD patients & substantial healthcare expenditure ...
Breaking Medicine Technology: