
Online Account Information
Account information is available to certain registered users of
online services at PMSLIC.com, including most
policyholders. In the Account Information section you
can:
- check last payment received;
- view your current invoice;
- check your overall account balance;
- view and print an Account Activity Report;
and
- check last refund.
Follow the link below to experience how online account
information can benefit you and your practice.
Account Information
Billing Schedule
PMSLIC’s premium is billed in quarterly installments. There is no finance charge for the installment billings. Premium billings are mailed about one month before the due dates.
2008 Billing Schedule
| Mail Date* |
Due Date* |
| February 8 |
March 6 |
| May 8 |
June 5 |
| August 8 |
September 5 |
*Subject to change based on
system updates.
PMSLIC will bill annually upon request.
MCARE Fund Requirement for
Policy Changes and Policy Cancellation
To ensure that you receive a refund of the Mcare
assessment if you need to change your policy or cancel
your coverage:
- Please notify PMSLIC within 10 days of the
effective date of the policy change or cancellation
in order to process and remit information to Mcare.
- Please share this information with those
responsible for administering coverage to ensure
that PMSLIC is notified immediately if a policy must
be changed or canceled for any reason.
If you have questions, please contact your PMSLIC
Underwriter at 800 445-1212 or your agent.
No one can completely prepare for what tomorrow may
bring. PMSLIC strongly urges our policyholders to apply
for the Mcare abatement as soon as possible. In the case
of Mcare, the old saying “Don’t put off ‘til tomorrow
what you can do today” holds much value.
Consider the following circumstances…
- The phone call from our policyholder’s mother
was heartbreaking. Her son, a Pennsylvania physician
in his forties, had passed away from cancer months
earlier. In settling the doctor’s estate, the mother
had stumbled across her son’s Mcare abatement
application that had been set aside during the
doctor’s illness and never completed.
- Dr. Green just received his bill for his Mcare
full Mcare assessment. He doesn’t understand why
he’s being billed for Mcare again when he paid
another earlier Mcare bill for the abated amount.
Through the course of the conversation, the PMSLIC
Policyholder Services Representative learns that Dr.
Green never applied for the Mcare abatement that he
may have been eligible for because he thought his
employer had handled it for him.
- Dr. Miller, a PMSLIC policyholder, decided to
retire mid-way through the policy year. PMSLIC
billed him the annual Mcare assessment at the abated
amount in February, and he paid it. Dr. Miller
retires in June, PMSLIC returns the Mcare credit due
to him, but Dr. Miller does not apply for the Mcare
abatement either before or after his retirement is
effective. The following spring, Dr. Miller is
surprised to receive an Mcare bill for the remainder
of the full assessment now due.
Any physician not sure about applying should apply!
Eligibility will be determined by Mcare representatives after they
receive an application, but Mcare must first have an
application to consider. By completing the Mcare
abatement application, policyholders can ensure that
despite changing circumstances, they have submitted the
necessary paperwork to be considered for abatement
eligibility. If eligible, Mcare will e-mail an
eligibility status letter—as
well as mail a hardcopy—to
the policyholder, who, in turn, is responsible for
sending a copy to PMSLIC to complete the process.
Mcare Abatement Frequently Asked Questions for Health-Care Providers
MCARE Fund Assessment Billing
Companies providing basic limits of insurance bill
their insureds the annual assessment for the excess
coverage and remit payment to the Fund. More information
on the assessment and available financing is mailed with
the assessment billing.
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