Medicus Advantage Gold, $100,000 protection

Medicus has doubled its protection for doctors’ electronic medical records (EMR).

Medicus offers at no additional charge to its insureds coverage up to $100,000 for Electronic Medical Records privacy liability and alleged and actual regulatory violations. This protection is through a policy endorsement called Advantage Gold and is essential in this day of HIPAA regulations and computer security breaches.

Physicians are increasingly exposed to privacy related claims such as a lost laptop, rogue employees, hacking and virus attacks which can result in an embarrassing and costly loss.

Advantage Gold is a superb policy enhancement because it covers so much for no additional cost. Advantage Gold insures network security and privacy including both online and offline information, failure to prevent unauthorized access, denial of service attacks, identity theft and virus attacks.

Advantage Gold also insures not only defense costs but also civil fines and penalties for Billing Errors (RAC), HIPAA, EMTALA and Stark proceedings. Advantage Gold covers patient notification and credit monitoring costs including expenses incurred by the insured to notify third persons of breach of information and “Red Flag Rules” violations. Advantage Gold will also pay for credit monitoring service for affected individuals for up to 12 months.

Medicus’ Advantage Gold also covers data recovery costs including all reasonable and required costs to recover/ replace data that is compromised, damaged, lost, erased or corrupted.

All of this Medicus Advantage Gold protection is up to $100,000 and is approved for AL, AZ, AR, CA, FL, GA, IL, IN, IA, KS, KY, LA, MD, MN, MS, MO, NE, NC, NV, OH, OK, OR, PA, TX, UT, VA, WA, WV. Physicians can apply for higher limits as well.

Additionally, Advantage Gold coverage has been expanded to include: peer review, legal expenses incurred in responding to subpoenas/testifying in actions where the insured is not a party, CLIA (Clinical Laboratory Improvement Amendments), OSHA (Occupational Safety and Health Administration) and ADA (Americans with Disabilities Act of 1990).