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Category: Business Insurance

NORCAL Mutual Medical Malpractice Rates Are Coming Down

NORCAL Mutual has been approved by the California Department of Insurance for an overall 7.07 percent rate decrease in Medical Malpractice Insurance rates, I would like to elaborate on a few points for you.

•The full implementation of the new Med Mal rates will be completed by July 1, 2012. The new malpractice rates apply to all new and renewed policies effective January 1, 2012 and later. All adjustments will be made by July 1, 2012.

ACO (Accountable Care Organization): Nothing New… It’s A Senior Capitated PHO/IPA Rebranded

There is one good idea in the healthcare reform, ACO’s are ( as proposed) integrated systems where providers and facilities work in tandem to minimize cost of healthcare for seniors while maintaining quality care. To accomplish this, the ACO will be given a defined budget, and will reap rewards if they spend less (ration healthcare) than the budget, or be punished (i.e. pay for it) if they exceed the budget.

How Does Employment Practices Liability Work?

Employment Practices Liability (EPL) or AKA Employment Practices Liability Insurance (EPLI) provides coverage for employment -related suits brought against Companies, Directors and Officers, as well as other employees arising from actual or alleged Discrimination, Wrongful Termination or Harassment.

Can the Feds Fix Health Insurance

The cure to long-term cost of health care is more cures for disease (cure cancer, diabetes, heart disease and health care costs will plummet Health insurance premiums will be the cost of auto insurance)