Medicus Insurance Company, one of the fastest growing medical professional liability insurance (MPLI) carriers in the country, lowered its base rates for physicians and medical professionals in Arizona, Kansas, Nevada, Ohio, Texas and Virginia. Medicus sells insurance in 24 states from coast to coast.
These rate decreases demonstrate Medicus' commitment to supporting the medical community with affordable, quality insurance and exceptional service. "Medicus provides security to our physicians in an affordable way so they can practice medicine with peace of mind," said Eugenie Shea, President, Medicus Insurance Company. "We continually look for new ways to better serve doctors."
Medicus lowered rates in Arizona 19.0%, in Kansas 15.0%, in Nevada 9.9%, in Ohio 9.9%, in Texas 9.5% and in Virginia 9.1%. These percentages are an average of rates that vary by specialty and territory.
These rate decreases follow in a line of product innovations from Medicus. For example, Medicus Advantage Gold is a groundbreaking policy endorsement that protects insured's electronic medical records along with a suite of other policy enhancements available at no additional cost to the insured. Medicus was one of the first to offer such an endorsement, which is now essential for medical professionals practicing in the post-medical reform era.
Dr. Bill Bailey, Vice President of Medical Relations for the company, said, "Physicians want to practice medicine and help people. We reduce their business costs with our competitive insurance rates." Medical professionals who wish to take advantage of these strong new offerings are encouraged to contact their agents, call Medicus at 866-815-2023 or visit Medicus' Web site at www.medicusins.com.
Go Green with Medicus
Medicus proudly pursues a Go Green initiative, acting on its values of saving resources in business and in nature. The Medicus Go Green initiative incorporates four areas of practice: striving to become a paperless office, moving business transactions and more communications from paper to electronic and reusing and recycling paper. Medicus' newly announced electronic ACH payment option is also part of the Go Green initiative. It allows twelve equal electronic payments, saving paper as well as time.
About Medicus Insurance Company
Medicus Insurance Company provides MPLI to physicians, surgeons and related medical service providers in 24 states from coast to coast. Medicus focuses on traditional medical malpractice insurance for individual physicians and practice groups across all specialties and territories in which it is licensed to do business. The company provides exceptional, personal service and innovative products for their clients' protection and peace of mind in today's complex health care environment.
Medicus offers the medical community a compelling combination of a substantial capital base aligned with a highly experienced management team with strong medical leadership and insurance expertise. Medicus is owned by physicians, employees and investors and is headquartered in Austin, TX. For more information, visit www.medicusins.com.
Contacts:
Medicus Insurance Company
Kevin Wier, 512-879-5137
kwier@medicusins.com