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VitalCare is the first individual product developed exclusively
for healthcare administrators. Supported by the American College
of Healthcare Administrators, VitalCare protects the individual
healthcare administrators against financial ruin if for example
they were:
- Named as a defendant in a negligence claim covered by their employer's medical professional liability policy.
- Named personally in a lawsuit and their employer's medical professional liability insurance limit is insufficient.
- Named personally in a lawsuit and their employer's coverage has lapsed without the administrator's knowledge.
VitalCare covers claims from Errors & Omissions made as an employed
healthcare administrator such as claims arising out of negligent
hiring or alleged failure to train/supervise employees properly
and monetary damages arising from any of the following:
- Civil Action
- Arbitration
- Suits
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- Mediation
- Proceedings
- Demand
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Coverage is provided for defense costs as well as the cost of settlement
up to the limits of the policy. Coverage extends up to $100,000
per claim and per policy year. Policies are underwritten and issued
by a non-admitted AM Best "A" Rated Insurer.
Premium Rates are as follows:
- 700 Member of ACHCA with ACHCA Certification
- 800 Member of ACHCA without Certification
- 900 Not a member of ACHCA
Plus any applicable state surplus lines tax and/or fees |
