ICC Third Party Administrators 
Please call: (316) 683-0170 

ICC   Global Administrative Services Dan Martinez CEO

ICC Anesthesiologist Malpractice Self Insurance

How to determine if your practice should become self-insured?  Add up the premiums your practice paid to insurance company for the past 5 years. Subtract what the insurance company paid out in losses for those past 5 years.  If the insurance company collected more premiums dollars than paid out, your  practice  is a candidate for becoming self-insured.  

Example:

If you paid $100,000.00 in premiums each year X 5 years, that     = $500,000.00  

If your insurance company paid claims for those 5 years totaling - $100,000.00

        Then, the insurance company made a profit in the amount of  $400,000.00

That is an 80% return investment the insurance company made off your practice. 

  [The figures are self evident]        

 

 ICC was form to help anesthesiologist find the proper  coverage for their practice. ICC is aware of the high cost of insurance and is doing its' part to keep  insurance rate competitive.  What one carrier will not do, Self- insurance can.  That is why ICC searches the  insurance markets. 

ICC’s technological provides an optimization approach to designing a plan that is acceptable to underwriters and your practice  When your practice needs optimal performance for better cost  consider the ICC way. " The future is self Insurance  "

  SELF  INSURANCE FOR:

Anesthesiologist 

Pain Rehabilitation

Epidural injections a 

Spinal Epidural Injections    

Peripheral Neuropathy

The cost of Medical Malpractice premiums are raising every time a claim is presented  against your malpractice policy with an insurance company. It does matter if you're not a fault. Whenever the insurance company steps in to defend a malpractice claim, your rates increase. ICC Underwriters is aware of the high cost of insurancee and is doing its' part  to keep insurance rate for doctors down.  What one carrier will not do, a self insurance plan will.   

Risk Management Services 

With ICC, your medical procedure is thoroughly evaluated with our team of Risk Managers to assure your liability exposure is minimun.   

Becoming self insured; you put that profit in your pocket rather than the insurance company's.  

Reason 

The courts have ruled in some states that as long a surgeon has the funds on hand or an irrevocable letter of credit to pay liability claims in the amount that the hospital requires, the hospital must allow the surgeon hospital privileges as a self- insured entity. Some surgeons have obtained a irrevocable standby letter of credit or opened a separate bank account to satisfy hospital's financial requirements.  

To find out more about Self-Insurance call ICC @ .316. 683.0170,  (845) -751-0023, NY or 202.386.6193 DC

The self insurance plan is designed for Orthopedic SurgeonsCardiovascular Surgeons, Neurologist,OBGYN,  Anesthesiologist  and General Physicians 

LOOK UP THE LAWS IN YOUR STATE 

Arizona Law: Any physician can become self insured in Arizona as long as the physician can meet the state's requirements for financial responsibility as well as the hospital's requirement for hospital privileges.  For those doctors who want additional information before considering Self insurance, seeArizona Healing Arts Board  and Arizona State Senate brief on Malpractice. If you have any questions call ICC @ 1 316 683-0170 

Florida Statues For Medical Malpractice For Doctors/ Surgeons;  Chapter 627 Section Kansas Law For becoming Self Insured K.S.A. 40-3402 

Missouri Laws/ Staues   Chapter 383-500  

New York  No State Requirement to Carry Medical Malpractice insurance   

Ohio, In the state of Ohio, there is no requirement that the state insurance commissioner  or state require doctors to carry insurance in order to be license in the state to practice. Doctors therefore; can become self insured.  The only requirement  would be the hospital which if a doctor can meet  the hospital's financial requirement, they may be granted hospital privileges. If you have any questions, Call ICC @ 1 845.751.0023     

State of Washington Self Insurance laws  

Texas;  there is no law requiring Doctors or Surgeons to have malpractice insurance. "There is no statue to be found."  The Texas Healing Arts  Board does not require insurance either for a doctors to be licensed in the state of texas. The only requirement would be the hospitals which if the doctor can meet the hospitals financial requirements  they can be granted hospital privileges.  If you have a question call ICC @ 1 (316)  683-0170

 West Virginia Doctors are allowed to be self insured in the state of Virgina   

Virgina  Malpractice Code   and Cap limits of recovery   

Your practice can be self insured in any  state such as :  Alabama AL Alaska AK  Arizona AZ  Arkansas AR  California CA  Colorado CO   Connecticut CT   Delaware DE Florida FL Georgia GA  Hawaii HI  Idaho ID  Illinois IL  Indiana IN  Iowa IA  Kansas KS   Kentucky KY  Louisiana LA   Maine ME  Maryland MD  Massachusetts MA Michigan MI  Minnesota MN  Mississippi MS     Missouri MO  Montana MT  Nebraska NE  Nevada NV  New Hampshire NH   New Jersey NJ    New Mexico NM  New York NY North Carolina NC  North Dakota ND  Ohio OH  Oklahoma OK  Oregon OR  Pennsylvania PA  Rhode Island RI  South Carolina SC South Dakota SD Tennessee TN  Texas TX  Utah UT  Vermont VT Virginia VA  Washington WA  West Virginia WV  Wisconsin WI  Wyoming WY 

 

ICC  SELF INSURANCE PLAN  

An  self Insurance Plan Designed

Specifically for Doctors

 

ICC,  IS TEAMING UP WITH YOU TO SUCCEED IN TODAY’S MARKET


 

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