The Practice Protection Fund (PPF) was founded to respond to the gap in coverage availability of the Medical Professional insurance marketplace. A growing number of physicians are being forced to become self-insured or change coverage due to the shrinking number of available carriers that are willing to offer medical professional coverage in Louisiana. As a result, Trinity Ins. Services (a Mandeville, La. based claims and TPA company) along with American Excess Underwriters have initiated a fund, which is managed by a professional association, the Practice Protection Alliance. By separating the indemnity coverage from the legal services the PPF is able to offer medical liability coverage at a much more affordable rate. The Pries and Roy Law firm that has extensive experience in healthcare and medical malpractice law provide our legal services. Since the PPF pays a flat rate per doctor as opposed to and hourly rate for services this allows us to pass this savings on to our doctors. Premiums for our coverage are generally 20% to 30% less than other carriers.
Mission Statement
Our mission is to provide a cost effective market for medical professional liability coverage that addresses indemnity, defense and loss control considerations in today’s complex risk environment.
|
