The NJ Medical Malpractice market has continued to soften over the last 4 years, resulting in decreasing premiums and better conditions for NJ Physicians. 2012 was a year in which we saw conditions stabilizing. With increased competition, relatively lenient underwriting, and more options, physicians are finding themselves with many solutions to their malpractice needs. This competition in the marketplace has unearthed many risk-management discounts for physicians and surgeons offering high quality medicine and those taking proactive measures to minimize their risk. These offerings make it even more important to ensure you are working with a malpractice insurance advisor who is familiar with your practice, is looking for ALL opportunities to reduce your annual premiums and ensure you have the best coverage to fit your needs.
A note of caution: While history seems to repeat itself, we do not have to necessarily repeat our mistakes. Premiums and discounts are important, however, more important is long-term stability and value. Our objective at PriMed Consulting is to provide you with the most viable options and competitive premiums, WITHOUT sacrificing long term value and stability.