We are... solutions for specialty risks. MedSolutions, offered by ASI Healthcare, provides customized liability insurance solutions for long-term care risks, including nursing homes, assisted and independent living facilities as well as their medical directors, staff and volunteers.
Coverage Options
The MedSolutions product portfolio offers a range of coverage options. Possible solutions range from traditional risk transfer coverage to state minimum compliance coverage.
Traditional Coverage
- Limits of $1,000,000 per claim
- Retention options available
- Broad coverage form
- HUD approved
Advantage Series
- Professional liability limits from $1,000,000 to $500,000 per claim
- General liability limits of $1,000,000 per claim are standard
- First dollar and retention options available
- Affordable alternative to traditional coverage
General Liability (BI/PD)
- Limits up to $1,000,000 per claim
- Significantly reduced rates
- Retention options available
- Coverage excluded for liability associated with residents
Compliance Coverage
- $25,000 CSL is the norm; can offer additional limits where required
- $20,000 deductible
- Intended for regulatory compliance
- Very low premiums
- Not a significant source of risk transfer
- Defense is inside the limits
- Requires a third-party administrator
For policy specifics or any other questions surrounding the MedSolutions portfolio of liability products, please contact one of our courteous staff members or check out www.amsafety-healthcare.com/FAQs for more frequently asked questions.
Target Risk Characteristics
- Small to mid-size owner operators
- Focus on geriatric long-term care
- Demonstrated commitment to clinical risk management and loss prevention
- Stable ownership and management
- Good state survey results
- Acceptable 5-year liability claim performance
Responses to Frequently Asked Questions
- We write on an excess & surplus lines basis in 46-states (Not approved in CT, DE and IA) and on an admitted basis in Oklahoma
- We insure against claims of professional liability, general liability, employee benefits liability, and MORE
- Our typical policy form is claims-made and reported
- We offer an "incident sensitive" form
- Our typical coverage form is written as "Pay on Behalf" and obligates us to a "Duty to Defend" your client
- We can offer defense outside the limits for eligible risks
- Where we intend to cover sexual abuse, we do it by endorsement... we do not subscribe to "silence" as being a prudent approach for such a volatile exposure
- We provide bundled, top-notch, claims administration via experienced, on-staff healthcare liability adjusters
- We utilize a broad "insured" definition that:
- Will cover your medical directors, whether employed or contracted, for their administrative duties
- Will cover your volunteers and nursing staff for their duties on your behalf