New Combined Medefense Plus/e-MD Policy* and Insurance Coverage for RAC Audits

Physicians and other healthcare entities are increasingly exposed to privacy-related claims and issues like a lost laptop, rogue employees.  Hacking and virus attacks can result in an embarrassing and costly loss.  e-MD* is insurance protection designed for the unique Network Security & Privacy related exposures faced by physicians and medical groups.  This can now be added to a MEDEFENSE Plus* policy for a reduced rate, or purchased separately.

Coverage includes:

Network Security & Privacy Insurance

Will defend and indemnify insured for any claims arising out of breach of privacy, virus attacks, denial of service, first party HIPAA violations, and Red Flag Regulations.  It includes coverage for both electronic and physical information.

Patient Notification & Credit Monitoring Costs Insurance

If your organization suffers an information breach, you might be required to notify all of the affected people that their information has been compromised.  e-MD* includes coverage for all necessary legal, PR, electronic forensics, advertising and postage expenses incurred by the insured to notify third persons of a breach of information.  Will also pay for one year of credit monitoring for the affected people, so they can monitor their accounts and be sure there aren't any new fraudulent accounts and/or transactions.

Media Liability Insurance

Coverage for both online & offline media. Including claims alleging copyright/trademark infringement, libel/slander, advertising, plagiarism, personal injury, and more.

Data Recovery Costs Insurance

Will reimburse the insured for all reasonable and necessary sums required to recover and/or replace data that is compromised, damaged, lost, erased or corrupted.  This also includes software costs.

HIPAA Protector*

Limits up to $1 million each claim/$5 million aggregate
Defense cost and civil fines and penalties coverage for governmental HIPPA proceedings.

MEDDEFENSE Plus*

Defense cost and civil fines and penalties coverage for Billing errors, HIPAA, EMTALA and Stark proceedings.

Full prior acts coverage

Broad definition of Billing errors to include both governmental and commercial payor audits and investigations, Qui Tam plantiffs, or voluntary self-disclosure.

Sub-limit available for Medical Board Proceedings Defense cost reimbursement Payment for approved shadow audit.

To obtain more information and specific quotes for these important policies to protect you and your practice please contact Keith Mathis at 800-543-1262 ext. 4422, or by email. *Trademark