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Medical
Malpractice Insurance Crisis
A Threat to Patient Access to Health Care
Insurance Solutions and Strategies
OHA and other options to maintain liability insurance
coverage
OHA Options
Hospital-Owned Medical Malpractice
Insurance Company
►New Hospital Venture to Stabilize Med Mal
Market (OHA News Release,
8-22-03)
Providers Re
OHA-owned Providers Reinsurance is a segregated portfolio company
domiciled in the Cayman Islands in which participants can "rent" one of the "cells"
and use it to quickly create an off-shore captive either for the hospital
or medical staff.
Medical Malpractice Insurance Companies
Links to the five professional liability
insurance companies doing about 57% of the medical liability business
in Ohio based upon 2006 market
data furnished by the Ohio Department of Insurance. Contact your
broker for the names of other insurers.
Medical Protective:
www.medicalprotective.com
ProAssurance/Medical Assurance:
www.proassurance.com
OHIC Insurance Company:
www.ohic.com
AP Capital, Inc.:
www.acaponline.com
The Doctors Company:
www.thedoctors.com
Nontraditional Insurance Vehicles
Physicians throughout the state are looking at a variety of
risk financing vehicles for medical professional liability insurance
coverage. OHA recommends consideration of several important factors before
moving coverage from a traditional insurance company to another insurance
financing vehicle. Member hospitals can see OHA
Bulletin 03-018 for more
information.
Questions?
Contact Rick Sites, OHA General Counsel, at
ricks@ohanet.org or 614.221.7614.
© 2001-2008 OHA. Last updated
February 20, 2008.
Please direct comments, corrections or additions to: oha@ohanet.org
614.221.7614.
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