This FAQ applies to Maryland Dental Insureds only.*
What does ProAd MedGuard
coverage provide?
Does my professional
liability policy
include MedGuard coverage?
Can I purchase MedGuard for my
professional organization as well as for myself?
How much does it
cost to purchase ProAd MedGuard coverage?
Why should I purchase MedGuard for my professional organization?
If I don’t purchase MedGuard now, will the option to buy it be
open to me in the
future?
Can I include my MedGuard
payment with my payment for my professional
liability policy?
Q: What does ProAd MedGuard
coverage provide?
It pays to defend you against various
disciplinary proceedings. These include:
- Hospital, HMO/PPO Peer Review
- Local and State Society Peer Review
- State Licensure and Disciplinary Boards
- National Practitioner Data Bank
- Professional Review Organization
- OBRA (Omnibus Budget Reconciliation Act)
- Medicare
It has an Annual
Aggregate Limit of Insurance of $50,000 for these legal
expenses.
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Q:
Does my professional
liability policy
include MedGuard coverage?
NO.
Not currently, though you
did have MedGuard as an endorsement to your 2005 policy if
you purchased MedGuard coverage for
your ProAd dental liability policy.
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Q:
Can I
purchase MedGuard for my
professional organization as well as for myself?
YES. In
Maryland, MedGuard is available to
individual dentists and dental hygienists and their
professional organizations. However, the professional
organization may purchase coverage only when all
eligible members also purchase MedGuard.
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Q: How much does it cost to purchase ProAd MedGuard coverage?
|
If
you are a: |
The cost is $300 EACH. |
|
If you are a: |
|
For example: A group that has three Dentists and a professional organization would pay $990. That premium includes $900 for each individual Dentist (3 x $300).
PLUS $90 for the organization (3 x $30).
Important: The professional
organization may purchase coverage only if all of the
eligible individuals in the organization also purchase the
coverage.
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Q:
Why should I purchase MedGuard for my professional organization?
A professional
organization can face administrative proceedings. An HMO or
PPO that has a contract with a professional organization, for
example, could name that organization in a covered
administrative proceeding.
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Q: If
I don’t purchase MedGuard now, will the option to buy it be
open to me in the
future?
YES. MedGuard will be
available in the future. You will need to complete an
application if you decide to purchase MedGuard at a later
time. This application will be evaluated in our MedGuard
underwriting process.
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Q: Can
I include my MedGuard
payment with my payment for my professional
liability policy?
YES. You can include payment for MedGuard with your payment
for your professional liability policy
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*As with any insurance coverage, the premiums for, and the coverages provided by, Professionals Advocate, including all terms, conditions and exclusions are set forth in your policy and related documents. The descriptions contained in this brochure are intended only as a general description of how MedGuard coverage works. These descriptions do not refer to your specific premium and are not a substitute for reading your bills and any policy provisions related to your premium. Please check with your local Professionals Advocate insurance producer or the Professionals Advocate Customer Service Department if you have any specific questions about your policy premium.
