HEALTH CARE RISKS
BROKER IN THE NATION
Employee Benefits Expertise
Pinnacle Brokers has been specializing in making “house calls” on the Health Care Industry for 15 years with a team of insurance, underwriting, analytics and health care strategy experts. We deliver innovative and optimized solutions for our Health Care clients. We work with customers to find and manage stop-loss, general and professional liability, property and casualty, health benefits and workers' compensation coverage.
Home Health Care operations play an ever-increasing role in the delivery of healthcare services to our aging population. In addition to all of the exposures faced by traditional clinical delivery systems, home healthcare business operations must deal with a wide array of ambulatory, medical, and neighborhood issues.
These issues can make obtaining comprehensive and competitive insurance products a challenge. We constantly work with our insurers and our clients to bring new products and services to this critical industry.
ERRORS AND OMISSIONS
This is a key coverage for health care providers. As the health care landscape changes, malpractice coverage from strongly rated insurers will continue to be a necessity. The cost and availability of coverage vary greatly by state and specialty. Pinnacle Brokers has experts dedicated to this important protection. We specialize in designing programs for
multi-physician groups and have implemented a number of discounted group buying programs for our clients.
DIRECTORS & OFFICERS LIABILITY
This policy covers the personal assets of the directors and officers of the organization, as well as the liabilities of the organization itself, for alleged wrongful acts committed in day-to-day Business operations. For private organizations, this coverage is often expanded to include coverage for Employment Practices Liability – alleged wrongful termination, sexual harassment
and other alleged violations of employment practices statutes.
Compliance liability may pose a greater financial risk to the organization than Malpractice. These policies cover the costs associated with allegations of billing fraud, overpayment, and violation of the Medicare Sunshine Act, Stark Regulations (kickback laws or anti-trust violations), HIPAA and HiTech Act, etc. With the increased frequency of Medicare audits and other regulatory requirements of the Affordable Care Act, litigation involving these issues is expected to grow. The damages that can arise from a failed audit are considerable and can affect the organization’s ability to function.
Medical malpractice is a must for every health care professional. Even the most competent professional can make mistakes. Therefore, it is wise to protect oneself against that possibility. Medical malpractice is one type of professional liability insurance that protects physicians and other licensed health care professionals from liability associated with medical negligence resulting in bodily injury, property damage, medical expenses, as well as the cost of defending lawsuits related to such claims.
PRIVATE CLIENT SERVICES
Bad things sometimes happen. So, it's important to have a plan and a trusted partner to help you through the challenges. At Pinnacle Brokers, we do our best to assist our clients and help them understand the financial exposures that could affect their way of life, assets, and properties. We are a team of professionals that promises to create a program that would help you enjoy the rewards of having a plan.
Have the Peace of Mind You Deserve
You have the right to know everything related to your insurance policy. Know what to expect when a loss occurs.
Have a Closer Look at What You Are Buying
Insurance policies are as unique as each individual buyer. Multiple options are great, but it is more important to understand the difference between the policies being offered. This is the only way to ensure that your premium actually buys the coverage you expect.
We Will Be Your Proactive Partner
We are very much aware that you’re a busy individual and you don’t have time to closely monitor the release of new products, legal and regulatory requirements. We’ll do that for you and communicate the things you need to know. You also get an annual “check-up” to make sure the strategies that have been put in place are consistent with your ongoing needs.
Services We Offer:
- Personal Hom & Auto Coverage
- Umbrella & Excess Liability Limit Evaluation
- Yachts & Watercrafts Coverage