MDAdvantage Insurance Company of New Jersey

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
- Electronic Medical Records 3%
- Electronic Prescription Writer2%
- Education Credits3%
- Completion of Self Assessment3%
- Participation in a Practice Assessmentup up to 3.5%
New Practice discounts are as follows:
- Year 1 75%
- Year 2 20%
- Year 3 10%
Specialty Specific discounts are as follows:
OBGYN:- CALM Shoulder Dystocia Screen 5%
- Advanced Practice Strategies (APS) Fetal Monitoring 5%
- Synergy Discount 5%
Radiology:
- Computer Aided Detection 5%
Orthopedic Surgery:
- New Jersey Orthopedic Society Purchasing Alliance 7.5% or 12.5% (spine or no spine)
Pediatrics:
- Pediatric Purchasing Alliance 20%
Dermatology:
- 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