PriMed Consulting - Medical Malpractice Brokers NY, NJ

MDAdvantage Insurance Company of New Jersey

MDAdvantage Insurance Company of New Jersey

MD Advantage Insurance Company in NJ

MDAdvantage is a medical malpractice insurance carrier built by physicians, for physicians. MDAdvantage’s primary focus is to deliver medical professional liability insurance products based on sound financial and market strategies. MDAdvantage provides a full range of services to help reduce their NJ physician insureds liability exposure. Their comprehensive risk-management program includes CME-accredited seminars and workshops, home study courses and on site practice assessments. MDAdvantage is a forward thinking carrier who will reward you with reduced premiums as you in turn reduce your risk. The MDA team of claim professionals has earned a reputation for their superior clinical and legal expertise.

October 24, 2012 A. M. Best, the nation’s most recognized insurance rating organization, assigned MDAdvantage an initial financial strength rating of, A- (Excellent) with a stable outlook.

Below, please find the discounts offered to MDA Insureds

  1. Electronic Medical Records 3%
  2. Electronic Prescription Writer2%
  3. Education Credits3%
  4. Completion of Self Assessment3%
  5. Participation in a Practice Assessmentup up to 3.5%

New Practice discounts are as follows:

  1. Year 1 75%
  2. Year 2 20%
  3. Year 3 10%

 

Specialty Specific discounts are as follows:

OBGYN:
  1. CALM Shoulder Dystocia Screen 5%
  2. Advanced Practice Strategies (APS) Fetal Monitoring 5%
  3. Synergy Discount 5%

 

Radiology:
  1. Computer Aided Detection 5%

 

Orthopedic Surgery:
  1. New Jersey Orthopedic Society Purchasing Alliance 7.5% or 12.5% (spine or no spine)

 

Pediatrics:
  1. Pediatric Purchasing Alliance 20%

 

Dermatology:
  1. Dermatology Purchasing Alliance 25%

 

If you would like assistance with your medical malpractice coverage, or want to review your options, contact PriMed Consulting at 800.528.3758. Email: info@primedconsulting.com

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