Target classes
- Medical billers, coders and other revenue cycle management professionals in the Healthcare Industry who are providing services to unrelated third-party clients.
Highlights:
- Limits up to:
- E&O: $5 million
- Cyber Secure: $1 million
- MEDEFENSE® Plus: $1 million
- Minimum premium: $3,000
- Minimum deductible: $2,500
- Claims-made policy
- Duty to defend (not for MEDEFENSE® Plus)
- Prior acts available
- Policy form provides personal and advertising injury coverage
Bills, Bills, Bills. Your client provides medical billing services to a third party for setting up and processing medical claims to a national health insurer. Your client inadvertently submitted their client’s claim to the wrong insurance carrier, resulting in a loss of revenue. Does your client have the right protection in place for lawsuits like this?
Miscellaneous E&O for Medical Billers is a uniquely designed professional liability insurance for medical billers, coders and healthcare revenue cycle management professionals.
For product inquiries or submissions: [email protected]
Summary of coverage
Provides three insurance products in one policy:
- Miscellaneous E&O – coverage for third-party claims arising out of a wrongful act in the performance of or failure to perform medical billing and coding, revenue cycle management, credentialing and HIPAA compliance
- MEDEFENSE® Plus – reimbursement coverage for billing errors proceedings brought by government entities or private payers and HIPAA, EMTALA and Stark proceedings brought by medical regulatory authorities
- Cyber Secure – offered by endorsement, first-party and third-party coverage for losses resulting from a privacy breach or security breach
Documents & forms
Not all products, coverages, or features may be available in all states. Restrictions, exclusions, limitations, and conditions apply and you should see your agent for more information. Certain products and services are provided through non-admitted insurance carriers and are not subject to certain State Guaranty Funds.