We are Proud to Introduce a New Preferred Savings Program!
MLMIC Insurance Company, New York’s leading medical professional liability carrier since 1975, is expanding its Preferred Savings Program (PSP) discount options with the introduction of the New York Medical Group Management Association (NYMGMA) Risk Purchasing Group (RPG).
Developed in collaboration with Risk Strategies – one of MLMIC’s trusted distribution partners, and NYMGMA, this new PSP will provide a 10% discount to qualifying physicians whose Practice Managers or Office Managers are NYMGMA members.
New MLMIC policies issued with an effective date of 1/1/2023 or after will be eligible to apply for this discount. Existing policies will be eligible to have this discount applied on their renewal date occurring on or after 1/1/2023.
For a physician to be eligible for the NYMGMA RPG, one requirement is that their practice administrator must be an NYMGMA member. Any qualifying physician in an NYMGMA member’s practice can apply; the physician does not need to be a member of NYMGMA. Qualifying physicians are those who have a better than average loss experience and whose office manager or practice manager is an NYMGMA member.
The NYMGMA RPG Preferred Savings Program discount can be included along with the following MLMIC discounts: Claims-Free, Risk Management, Part-Time, Waiver of Consent, Annual Pre-Pay. It cannot be combined with another PSP discount.*
Please visit MLMIC's website for details!
Should you have any questions please feel free to contact:
Jenn Negley, Risk Strategies, 267-251-2233
Patricia Mozzillo, MLMIC account specialist, 516-508-4168
or your MLMIC broker.
MLMIC was formed in 1975 in response to the medical malpractice insurance crisis in New York State and has been successfully defending physicians and advocating for the medical professional community in New York since its inception. A member of the Berkshire-Hathaway family of companies, MLMIC is the only medical professional liability (MPL) carrier in New York to earn an A+ rating from AM Best.
NYMGMA is a resource for healthcare professionals and medical group managers throughout the state and provides educational programs, mentoring, advocacy and networking for professional growth and development. NYMGMA is a state chapter of the National MGMA, a professional association of medical group administrators.
Risk Strategies, the Program Administrator for this new Preferred Savings Program, provides customized insurance placement and risk management advice. RSC Insurance Brokerage, Inc. is a leading national brokerage built for the challenges of today’s hyper-connected, fast-changing world of global business.
*The RPG discount amount is reviewed annually and is subject to upward or downward adjustment (including removal altogether) pending approval by the NYS Department of Financial Services and is based on the overall loss experience of the RPG’s members.