Physicians and Surgeons who enter private practice (either solo or joining a group practice) immediately after completion of their training can qualify for New Doctor discounts on Their Medical Malpractice Insurance. In some cases, physicians who immediately after their training became hospital employees, but are now starting their private practice (solo or joining a group), may also qualify for the New Doctor discount.
Discounts for New to Practice physicians are for full-time practitioners. If you are working part-time hours, it would be best to review the part-time premiums and compare with the New Doctor discounted premiums to ascertain the best possible solution for your practice. New Doctor discounts and Part-time practice discounts cannot be combined or stacked. In addition, there are other discounts that may be available to you as well.
The New Doctor discounts are as follows:
- Claims-Made Policies – 50% first year; 25% second year; 25% third year;
- Occurrence Policies – 50% for the first year.
We can help :
The experienced professionals at PriMed Consulting can provide assistance with your
options and make it easy to apply for your medical malpractice coverage. PriMed has been working with physicians in NY since 1996. Our objective is to provide you with the most competitive premiums, without sacrificing value or stability.
PriMed Consulting: 800.528.3758. Email: info@primedconsulting.com
802 West Park Avenue, Bldg. 3, Suite 302, Ocean, NJ 07712
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