Obstetricians who apply for primary professional insurance with HIC must also complete the professional liability supplement for OBs (below).
First Layer Excess Section 18 coverage is available at no charge only if a physician meets certain eligibility requirements. In addition, the physician must demonstrate: (a) A valid New York State medical license; (b) an individual primary policy of $1.3 million /$3.9 million; (c) an affiliation with a New York State general hospital and (d) successful completion of a qualified risk management program every two years.
We are pleased to announce that, effective April 1, 2018, HIC will write individual professional liability insurance policies for physician extenders to include Certified Midwives (CMs), Certified Nurse Midwives (CNMs), Certified Registered Nurse Anesthetists (CRNAs), Nurse Practitioners (NPs), Registered Physician Assistants (RPAs), and Specialist Assistants (SAs).
In order to qualify, it is an absolute condition of insurance that HIC insure the employer, collaborating, or supervising physician and that such insurance remain in full force for the full term of the policy period.