to give you COMPREHENSIVE PROTECTION
Naturopathic Doctors can appreciate all the benefits and features of NCMIC's Malpractice Insurance Plan. Each one is designed to give you the outstanding protection you deserve.
TRUE CONSENT TO SETTLE FEATURE
NCMIC believes in working with our doctors to defend their reputation. That is why no case will be settled without your specific permission. NCMIC will fight to clear your name instead of rushing to a compromise.*
No Arbitration AgreementS
Because NCMIC believes arbitration agreements ARE NOT in the best interest of our policyholders, we do not require them.
Arbitration means instead of having a jury trial, a neutral party will make a binding decision on the case. Though it may seem like a good idea at first glance, arbitration has several disadvantages:
- You give up the option to go to court.
- You may be more likely to be found at least partially at fault, because the arbitration process typically favors compromise. Keep in mind that any payment to a patient is reported to the National Practitioner Data Bank.
- Asking your patients to sign an arbitration agreement can cause the doctor/patient relationship to be strained from the start. You'd have to decide if you turn away patients who refuse to sign it.
If your practice is currently set up as a separate legal entity (Corporation, LLC, Partnership, S-Corp, etc), the entity can share in your limit of liability at no additional charge.**
If you prefer your entity to have a separate limit of liability, one group policy can cover all NDs with individual limits and provide one separate limit of liability for the entity for an additional premium. (Learn more.)
DUAL LICENSE COVERAGE
NDs with a second license as an Acupuncturist can apply to be covered under the same policy for both licenses for an additional premium. NDs with a second license as a Massage Therapist can apply to be covered under the same policy for both licenses for no additional premium.
LEGAL DEFENSE FOR COVERED PROCEEDINGS
You will be defended for state licensing board disciplinary proceedings, Quality Improvement Organization Sanctions (QIO) and HIPAA or Privacy Related Proceedings. NCMIC's Plan pays defense costs up to $15,000 per policy period.
UTILIZATION REVIEW COVERAGE
You'll be provided defense for opinions you render on the adequacy, necessity or reasonableness of care provided by another naturopathic healthcare professional based on a review of the patient's records, without a physical examination. Defense costs up to $25,000 per incident/$50,000 aggregate are payable.
Peer review coverage
This feature provides defense for your evaluation of the professional services of other naturopathic healthcare professionals. Defense costs are paid up to $25,000 per incident/$50,000 aggregate.
If you use a locum tenens Naturopathic Physician to cover your practice while you're out of the office, the locum tenens can, upon application and approval, be covered under your NCMIC policy at no additional charge for up to 45 days per policy period.