MDAdvantage Launches Supreme Advantage(TM), Offering Physicians Insurance Protection for the 'Business' of Medicine
First NJ medical professional liability carrier to offer critical business coverage -- beyond the practice of medicine -- for no additional cost
LAWRENCEVILLE, N.J., Sept. 30 /PRNewswire/ -- To help New Jersey physicians protect against the rising number of business risks beyond the practice of medicine, MDAdvantage (http://www.mdadvantageonline.com), a leading malpractice carrier, has introduced Supreme Advantage(TM), insurance for employment practices liability, privacy and data security and medical practice administration. All three coverages will be provided to MDAdvantage's existing clients for no additional cost.
"Doctors today face unprecedented economic challenges, and need to protect not only how they practice medicine but how they operate their businesses," said Patricia Costante, CEO of the Lawrenceville, N.J.-based MDAdvantage. "Supreme Advantage(TM) was developed to help physicians in all specialties -- ranging from solo practitioners to those in large groups -- afford the increasingly high cost of practicing medicine in New Jersey. We are proud to be the first New Jersey-based medical professional liability carrier to provide this supplemental coverage to its insured physicians at no additional cost."
Coverage highlights:
- Employment Practice Liability Insurance (EPLI): wrongful termination, employment discrimination, sexual harassment, invasion of privacy, and other activities
- Privacy and Data Security Insurance (PDS): network security and privacy violations involving HIPAA, data breaches and patient notification, data recovery and other activities
- Medical Practice Administration Insurance (MPAI): Medicaid audits, other types of audits and the resulting fines and penalties
Physicians whose medical professional liability insurance is through MDAdvantage will receive a complimentary level of all three coverages at no extra cost and will also have the option to purchase additional limits. Doctors not insured with MDAdvantage can purchase either all three coverages, a combination of PDSI and MPAI, or just EPLI.
As part of its service, MDAdvantage offers its physician insureds a secure Web account with access to risk management information and educational materials relating to each coverage option. Complete details on Supreme Advantage(TM), including coverage highlights and frequently asked questions, and a directory of qualified brokers, are available at http://www.MDAdvantageonline.com or by calling 888-355-5551.
Contact: Irene Maslowski, 973-226-1494 or [email protected]
or Janet Puro, 1-888-355-1551 or [email protected]
This press release was issued through eReleases(R). For more information, visit eReleases Press Release Distribution at http://www.ereleases.com.
SOURCE MDAdvantage
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