Category Archives: discounts

ATTN: DSNJ MEMBERS!

Don’t miss your chance to reduce your malpractice premium through the
Dermatological Society of New Jersey DSNJ Purchasing Alliance and MDAdvantage.
You could be saving 25% annually!

 

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Final Annual Premium: $5,027
     Discounts applied:
DSNJ Purchasing Alliance CreditPractice On-Site Assesment

Electronic Medical Record System

Practice Self-Assesment

Electronic Prescription Writer Credit

Educational Program Credit

 

MDAdvantage provides superior coverage for NJ Physicians including
Supreme Advantage Provided to policy holders at no additional cost for:

• Employment Practices Liability Insurance

• Privacy and Data Security Insurance

• Medical Practice Administration Insurance
And remember- MDAdvantage Insurance Company of New Jersey has been assigned
a financial strength rating of “A- (Excellent)” from A.M. Best!

Step up to a whole new level of protection with MDAdvantage in partnership with

the NJ Dermatological Society and DSNJ Purchasing Alliance.

Contact Geri Warick at 201-525-1100 (x18) or quote@protectivealliance.com and start saving!

This Premium Indication represents one premium possibility, and includes an array of product credits that are available through MDAdvantage® for your specialty.

Your final premium proposal may vary depending on your particular circumstances, and will be developed once all of your information has been submitted to MDAdvantage.

This Premium Indication does not extend any commitment of coverage or pricing on the part of MDAdvantage Insurance Company of New Jersey.

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ATTN: NJOS/OSNJ MEMBERS!

Don’t miss your chance to reduce your malpractice premium through the Orthopaedic Surgeons of New Jersey (OSNJ) Purchasing Alliance and and MDAdvantage.

The savings are significant!

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Final Annual Premium: $25,079 (excluding spine)
                                         $29,865 (including spine)

 Disounts applied:
Orthopedic Society Purchasing Alliance Credit
Practice On-Site Assesment
Electronic Medical Record System
Practice Self-Assesment
Electronic Prescription Writer Credit
Educational Program Credit

And remember- MDAdvantage Insurance Company of New Jersey has been assigned a financial strength rating of “A- (Excellent)” from A.M. Best!

Step up to a whole new level of protection with MDAdvantage in partnership with
NJOS/OSNJ Purchasing Alliance.

Contact Geri Warick at 201-525-1100 (x18) or quote@protectiveallaince.com and start saving!
This Premium Indication represents one premium possibility, and includes an array of product credits that are available through MDAdvantage® for your specialty.

Your final premium proposal may vary depending on your particular circumstances, and will be developed once all of your information has been submitted to MDAdvantage.

This Premium Indication does not extend any commitment of coverage or pricing on the part of MDAdvantage Insurance Company of New Jersey.

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ATTN: NJAAP MEMBERS

Don’t miss this opportunity to reduce your malpractice premium through the AAP/NJ Purchasing Alliance and MDAdvantage. You could be saving 20% annually!

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Final Annual Premium: $6,048 
Discounts applied:

     AAP NJ Purchasing Alliance Credit

     Practice On-Site Assesment

     Electronic Medical Record System

     Practice Self-Assesment

     Electronic Prescription Writer Credit

    Educational Program Credit

 

And remember- MDAdvantage Insurance Company of New Jersey has been assigned a financial strength rating of “A- (Excellent)” from A.M. Best!

Step up to a whole new level of protection with MDAdvantage in partnership with
the AAP NJ Chapter and AAP NJ Purchasing Alliance.

Contact Geri Warick at 201-525-1100 (x18) or quote@protectivealliance.com and start saving!

This Premium Indication represents one premium possibility, and includes an array of product credits that are available through MDAdvantage® for your specialty.

Your final premium proposal may vary depending on your particular circumstances, and will be developed once all of your information has been submitted to MDAdvantage.

This Premium Indication does not extend any commitment of coverage or pricing on the part of MDAdvantage Insurance Company of New Jersey.

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Orthopedics- Start Saving!

Don’t miss your chance to reduce your malpractice premium through the New Jersey Orthopedic Society/Orthopedic Surgeons of New Jersey (NJOS/OSNJ) Purchasing Alliance and and MDAdvantage.

The savings are significant!

Base Premium: $39,461 (including spine) $33,124 (excluding spine)

Premium Credits Available: $8,045 (excluding spine) $9,596 (including spine)
Orthopedic Society Purchasing Alliance Credit
Practice On-Site Assessment
Electronic Medical Record System
Practice Self-Assessment
Electronic Prescription Writer Credit
Educational Program Credit
Final Annual Premium: $25,079 (excluding spine)
$29,865 (including spine)

And remember- MDAdvantage Insurance Company of New Jersey has been assigned a financial strength rating of “A- (Excellent)” from A.M. Best!
Step up to a whole new level of protection with MDAdvantage in partnership with NJOS/OSNJ Purchasing Alliance.

Contact Geri Warick at 201-525-1100 (x18) or gwarick@icnj.com and start saving!

This Premium Indication represents one premium possibility, and includes an array of product credits that are available through MDAdvantage® for your specialty.

Your final premium proposal may vary depending on your particular circumstances, and will be developed once all of your information has been submitted to MDAdvantage.
This Premium Indication does not extend any commitment of coverage or pricing on the part of MDAdvantage Insurance Company of New Jersey.

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GREAT NEWS FOR DERMATOLOGISTS!

We recently saved a dermatologist over $3.5K by switching them to MDAdvantage NJ Dermatology Purchasing Alliance’s program from their current medical malpractice insurance provider.  Additionally, they were provided through MDAdvantage the Supreme Advantage coverages EPLI data breach and billing defense at no additional cost.

“Doctors today face unprecedented economic challenges, and need to protect not only how they practice medicine but how they operate their businesses, “said Patricia Costante, CEO of the Lawrenceville, N.J.-based MDAdvantage. “Supreme Advantage™ was developed to help physicians in all specialties—ranging from solo practitioners to those in large groups—afford the increasingly high cost of practicing medicine in New Jersey. We are proud to be the first New Jersey-based medical professional liability carrier to provide this supplemental coverage to its insured physicians at no additional cost.”

Would you like to lower you costs and reduce your medical malpractice premium? Would you also like to be protected for employment related suits and have defense coverage for HIPPA hi-tech violations and RAQ audits? If you answered yes, which we are sure you did, What are you waiting for? MDAdvantage Discount for members of Dermatological Society’s Risk Purchasing Alliance is 25%!!!

Coverage highlights:

• Employment Practice Liability Insurance (EPLI): wrongful termination, employment discrimination  sexual harassment, invasion of privacy, and other activities.

• Privacy and Data Security Insurance (PDSI): network security and privacy violations involving HIPAA, data breaches and patient notification, data recovery and other activities.

• Medical Practice Administration Insurance (MPAI) : Medicaid audits, other types of audits and the resulting fines and penalties.

Physicians whose medical professional liability insurance is through MDAdvantage will receive a complimentary level of all three coverages at no extra cost, and will also have the option to purchase additional limits. Doctors not insured with MDAdvantage can purchase either all three coverages, a combination of PDSI and MPAI, or just EPLI.

As an MDA broker we can acquire you a quote and assist you with the application process. Once you become an MDA insured, we’ll be there to service you policyholder needs. For more details please contact Steve Radespiel at 201-525-1100 ext. 12 or via email at sradespiel@icnj.com.

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Purchasing Alliance

logo-aapPA-1

NJAAP Members, we are pleased to offer you an exclusive membership benefit!

Receive a 20% discount on your MDAdvantage medical malpractice insurance premiums simply by joining the AAP/NJ Purchasing Alliance!

Benefits of Membership in the AAP NJ Purchasing Alliance


Discount Information

Depending on current insurance rates, most full-time Pediatricians would qualify for a MDAdvantage medical malpractice premium discount of at least $1,800 and up to $3,600 per year (available to part timers as well), with a majority of Pediatricians receiving a discount of $2,500.

This discount is in addition to other discounts applicable to your policy, such as Risk Management (including EMR – Electronic Medical Records, EPW – Electronic Prescription Writer), Part-time, and New Doctor discounts.

Who is Eligible?


Qualifying Pediatric Specialities:

Pediatrics – No surgery
Pediatrics – Minor surgery
Pediatrics – Subspecialties*
(*Physicians who practice in other subspecialities as recognized by the American Board of Pediatrics and who are members of the Purchasing Alliance are also eligible for a 20% discount if their practice derives 90% or more from the treatment of children aged 21 and younger based on number of patient visits)

Please note that MDAdvantage’s underwriting guidelines will apply to all prospectives insureds and premiums will vary based on a number of underwriting factors. If MDAdvantage declines to offer a policy at this time, the Purchasing Alliance membership fee will be refunded.

How to Apply for the Discount?


1) AAP NJ Membership: If you are not an AAP/NJ Chapter member, you must fill out and mail the AAP/NJ application along with a $165 check for chapter membership to the National AAP:

American Academy of Pediatrics
72103 Eagle Way
Chicago, IL 60678

Click here for Chapter Membership application form.

2) AAP NJ Purchasing Alliance Membership: Please fill out and mail the Purchasing Alliance membership application along with a $150 check for the Purchasing Alliance membership fee to:

AAP NJ Purchasing Alliance
3836 Quakerbridge Road, Suite 108
Hamilton, NJ 08619

Click here for the Purchasing Alliance membership application form.

Contact PPA’s own Geri Warick for more information

201-525-1100 (x18)

gwarick@icnj.com

full site: http://www.aapnj.org/showcontent.aspx?MenuID=997

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