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Professional Partnership Announcement: CARE and MGIS

We are excited to announce our newly formed professional partnership with Medical Group Insurance Services (MGIS). For more than 50 years, MGIS has specialized in creating a continuum of coverage that addresses the unique income replacement needs of physicians and dentists. Working with world-renowned underwriters at Lloyd’s of London, MGIS has added a layer of coverage for high-earning physicians and dentists: MGIS incomeprotect® | HIGH LIMITS maintains the integration of key provisions crucial to protecting high-income earners.

This new disability insurance program is available exclusively to our members.  As a physician’s income grows, finding disability insurance that adequately replaces income when a disability occurs is difficult and expensive. This insurance program solves this problem with features and pricing exclusive to association members. The coverage is provided by the prestigious Underwriters at Lloyd’s of London, through their U.S. partner, MGIS, who has delivered income protection solutions to doctors nationally for more than 50 years.

You can choose from these benefit options:

Lump Sum

  • $250,000 with a one-year elimination period
  • $500,000 with a one-year elimination period
  • $1,000,000 with a one-year elimination period

This program has other advantages that you won’t see on other offerings outside of this exclusive program:

  • Easy Enrollment. Simplified Issue (only three questions about missed work and recent medical needs; no exams are required).
  • Best Definition of Disability in the Industry. You are considered disabled if you cannot perform the actual procedures you have performed over the past 12 months. This is crucial to ensuring you qualify for benefits.

You may pre-enroll by clicking here for easy electronic enrollment. To make enrollment even simpler, you’ll want to have the following available when you log in:

  • Your NPI or SSN
  • Total earned income from all practice settings

Please send questions to HighLimitsFAQ@MGIS.com.

Contact us today if you have questions about this exciting new service offering with our latest professional partner.

Partner spotlight: Digital Surgery

Digital Surgery(1) has an award-winning surgical simulation platform, Touch Surgery(2) (free download available on Android and iOS), which provides surgeons with an entire library of surgical workflow simulations at their fingertips. CARE, LLC partnered with Digital Surgery because we strongly believe that this application is improving lives across the globe. The platform allows surgeons to review, test, and practice their skills before ever working on patients. This in turn increases both confidence and skill, which translates into better patient outcomes.

Studies show that confidence and competence(3) grow along the same curve. Training simulations in the library that Digital Surgery has developed aid in increasing this growth curve. Touch Surgery Professional(4), another one of Digital Surgery’s products, is a video-sharing web and mobile-based platform, which enables groups of surgeons to share their techniques within their department and across institutions, along with allowing program directors to more easily assess the performance of their surgical residents. This in turn accelerates development and the adoption of best practices across any given institution.

Many conferences and hands-on training courses use simulation technology to advance surgical training, such as at the University of California San Diego Center for the Future of Surgery(5). Simulation training allows for a multi-faceted approach to learn and to share experiences with peers.

This knowledge sharing is what makes Digital Surgery’s applications so successful. Surgical teams can build their own personalized library to share with their colleagues, which helps to standardize procedures and best practices, and eliminates waste, inefficiency, and ambiguity. Outside of surgical teams, the platform helps bridge the training gap between surgeons and medical device manufacturers, ensuring clinicians and staff are properly trained on the use of new equipment.

For CARE policy holders, this can translate into true savings. This expansive training tool reduces your risk of malpractice litigation. Streamlining and standardizing surgical procedures ensures that there is little room for error, which also mitigates your risk potential. And fewer adverse incidents converts into lower liability premiums. Contact us today for more information about how these tools can benefit you as a CARE client.

Footnotes

CARE partners with SE Healthcare

At CARE Professional Liability Association, we partner with companies that not only help our members, but also understand the healthcare industry and its specific challenges. Our latest partnership with

SE Healthcare provides additional resources to help our members improve operational performance.

SE Healthcare’s Physician Empowerment™ Suite, a set of high-impact data analytics tools, leverages key performance metrics to help practices increase revenue. This is accomplished through enhanced reimbursement negotiations, coupled with an improved industry reputation, once providers have the power of analytics backing their performance.

Other tools provided by SE Healthcare include:

  • Patient Experience Platform
  • Five-Star Reputation Tool
  • Clinical Effectiveness Platform
  • Long-Term Care Assessment
  • Reimbursement Effectiveness™ Platform
  • Physician Burnout Prevention Program
  • Performance Improvement Tools

Both CARE and SE Healthcare understand the intricacies and inherent risks involved for healthcare providers because both companies were built by people with intimate knowledge of the industry. This not only includes physicians, but also top minds from the legal and compliance fields, as well as professionals who continue to shape the future of healthcare. You get the benefits that the years of experience this collaboration creates, including what we have learned from past mistakes, and best practices we’ve developed.

In future partnership blog articles, we’ll discuss the multitude of benefits that providers can gain from SE Healthcare’s analytics tools, including:

  • Getting fair reimbursements from payers
  • Making your practice more attractive to networks
  • Improving your reputation and transparency to convert website visitors into new patients
  • Retaining current patients by creating a better patient experience
  • Enhancing the workplace culture for physicians
  • Enhancing patient engagement and satisfaction
  • Addressing critical issues like physician burnout, quality, and safety

Contact us today for more information about how this CARE/SE Healthcare alliance can benefit your practice.