Despite having contact with more than 11,000 physicians, the CRICO/RMF Underwriting Department is a hidden treasure. But they are (and will be) there when you need them (and you will). You need the Underwriting Department when you begin CRICO coverage (enrollment) and every year thereafter (Confirmation of Coverage/Face Sheets).
The Underwriting Department also responds to physician inquiries and works closely with your risk managers, insurance managers, and credentialing administrators to ensure that your coverage is appropriately aligned with your specialty and privileges.
CRICO offers some of the highest policy limits in the country ($5M per claim) and premiums that are below many market rates. But CRICO is not a commercial insurance company, it is owned by the member institutions it serves. Thus, every CRICO-insured physician must meet eligibility criteria and be sponsored by a member institution.
Annually, the CRICO/RMF Underwriting Department issues policies to sponsoring institutions and during this process provides a Confirmation of Coverage as evidence of insurance to all staff physicians. Periodically, CRICO-insured staff physicians are required to complete a Mandatory Physician Insurance Renewal application. This provides CRICO/RMF with valuable underwriting-related information, and offers you an opportunity to give CRICO feedback about your professional experiences. Completion of this Renewal is required in order for physicians to ensure maintenance of their professional liability insurance coverage.
The 2010 Renewal will focus on your primary clinical practice site location. Even if this information matches what we have on file, we need to confirm that we have correct data, including contact information, a detailed address, patient volume, and the clinical environment that best describes your primary practice site. The Renewal form offers a detailed description to assist you in this selection.
Beginning in November 2009, your Confirmation of Coverage will be accessible via CRICOconnect, a secure Web site. With the launch of CRICOconnect, we'll also pilot an early release of the 2010 Mandatory Physician Renewal.
With our initial release of CRICOconnect in November, every CRICO-insured staff physician will be able to view or print his or her Confirmation of Coverage for 2009 and 2010. In the coming months, all CRICO-insured staff physicians will be required to complete their malpractice insurance renewal application. An e-mail notice will be sent during the first week of January to any physician who has not yet submitted his or her Renewal. |
