Malpractice Insurance

[terriermed]

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Hi all,
Negotiating my first job out of fellowship at an academic center. I asked about malpractice insurance, particularly about tail coverage, and their response is below. This is entirely covered by the hospital, I don't pay anything. For those of you with experience, does this seem reasonable or is there anything concerning? Thanks.

[Hospital X's] Professional Liability Self-Insurance Program began on July 1, 1988. [Hospital X] Risk Management coordinates the Professional Liability Self-Insurance Program and assures liability coverage with the [State X] Injured patients and Families Compensation Fund, in excess of the primary annual limits of $1,000,000 per incident and $3,000,000 in the aggregate. The insurance is occurrence in form; accordingly, tail coverage is not necessary upon termination from [Hospital X] employment. Even after employment termination, providers are covered for activities that were performed during their employment and that were within the scope of their duties for the [Hospital X].

 

[Pathbusiness]

Why even bring up something like this in negotiation?

 

[terriermed]

Why even bring up something like this in negotiation?

Would you sign on to a job without knowing the malpractice you would be covered by?

 

[BU Pathology]

That is an appropriate question to ask during the negotiations and the response is pretty typical.

 

[pathslides]

Seems like pretty standard malpractice.

 

[AZpath]

Good question.

They have a occurrence based malpractice policy in a state with malpractice reform. That's great. The coverage should be fine and if you ever switch jobs you won't pay a tail.
Many of the smaller groups require a tail on exit (claims made policy).

 

[terriermed]

Thanks all, the reassurance is helpful!

 

[Torsed]

Most hospitals have the 1:3 verbiage in their bylaws.

If you leave and your new insurer may offer a tail, if they do that I would get one just in case. Be careful with the attorney words, don't obviously do anything outside of your scope of practice.