Physician Liability Insurance

Pennsylvania legislation (the Mcare Act) requires physicians to maintain professional liability insurance as a condition of licensure. PMSLIC writes individual medical professional liability insurance for Pennsylvania health-care providers in compliance with the Mcare Act.

• Claims-made policies
• Includes coverage for administrative defense, peer review, utilization review, quality assurance and credentialing activities
• Broad coverage with limited restrictions
• For policies issued in 2008, physicians conducting 50% or more of their health-care business in PA carry primary limits of $500,000 per occurrence/$1.5 million annual aggregate and excess limits of coverage of $500,000 per occurrence/$1.5 million annual aggregate through the Mcare Fund
  OR
• Physicians conducting less than 50% of their health-care business in Pennsylvania carry primary limits of $1 million per occurrence/$3 million annual aggregate.

Reporting Endorsement Coverage

• Available upon termination of claims-made coverage
• Required by PA law
• Premium waived* in the event of:
• the insured’s death, total and permanent disability or
• retirement at age 50 or older with one year of continuous PMSLIC coverage and a retro date of at least 48 months preceding retirement.

* Please note there may be a charge for the Mcare portion of the
 reporting endorsement

Prior Acts Coverage

• Eliminates the need to purchase a Reporting Endorsement upon cancellation of claims-made coverage with another company
• Provides coverage for claims which arise from the prior acts of the policyholder while insured with the previous claims-made carrier
• PMSLIC coverage begins the date that the previous carrier's policy expires

Locum Tenens Coverage

• Provided to a physician temporarily substituting on behalf of a PMSLIC policyholder
• Written for a short period of time as a result of illness, vacation, continuing education, or similar circumstances

Professional Corporation, Association or Partnership Coverage

• Coverage available to entities comprised of health-care providers
• Primary limits of $500,000 per occurrence/$1.5 million annual aggregate
• Those eligible in accordance with the Mcare Act will also receive limits of $500,000 per occurrence/$1.5 million annual aggregate for an additional charge

Group Policy

• One policy which includes a schedule of physicians insured
• One invoice
• Includes corporation coverage, physician coverage, and allied health professionals coverage

Healthcare Extender Coverage

• Available to certain non-physician healthcare extender employees of PMSLIC-insured physicians and entities with coverage limited to activities as an employee
• Coverage is extended under the employer’s PMSLIC policy
• Limits of $500,000 per occurrence/$1.5 million annual aggregate for most healthcare extenders
• Limits of $1 million per occurrence/$3 million annual aggregate are available for Certified Registered Nurse Practitioners, Physician Assistants and optometrists with a glaucoma license

Employee Shared Limits Coverage

• Available to PMSLIC-insured physicians and entities that wish to provide coverage to employed ancillary healthcare providers such as medical assistants, technicians and nurses.
• Coverage is extended under the employer’s PMSLIC policy
• Shared Limit of $500,000 per occurrence/$1.5 million annual aggregate are provided
• Limits are on a shared limits basis and separate from the employers limit of liability