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The Doctors Company, an Interinsurance Exchange - Medical Malpractice Rate Filing


Thursday, February 28, 2008
Reference: 
DCTR-125460884

THE DOCTORS COMPANY, AN INTERINSURANCE EXCHANGE PHYSICIANS, SURGEONS AND ANCILLARY HEALTHCARE PROVIDERS PROFESSIONAL LIABILITY INSURANCE PROGRAM RATE AND RULE REVISION We are submitting a rate and rule revision. Based on TDC’s current book of business, the overall rate level impact of this revision for all specialties combined is -1.8% This revision consists of the following changes: 1) various changes have been made to manual rates for all specialties (See Pages 17 and 18 of Rules and Rates Manual) 2) manual rates for General Surgery (Bariatric) and Orthopedic Surgery (With Spinal) have been introduced (See Page 17 of Rules and Rates Manual) 3) prep discounts have been revised (See Page 2 of Rules and Rates Manual) 4) rate relativities for ancillaries have been reduced (See Pages 4-7 of Rules and Rates Manual) 5) vicarious liability coverage charges have been clarified (See Pages 4-7 of Rules and Rates Manual) 6) shared business entity coverage premium charge has been reduced from 4% to 2% (See Page 7 of Rules and Rates Manual) 7) separate limits business entity coverage premium charge has been reduced from 15% to 10% (See Page 7 of Rules and Rates Manual) 8) claims-free discount for various surgical specialties has been increased from 10% to 17.5% (See Page 8 of Rules and Rates Manual) 9) claims-free discount for all other specialties has been increased from 10% to 12.5% (See Page 8 of Rules and Rates Manual) 10) group size discounts have been eliminated (See Page 8 of Rules and Rates Manual) We have also enclosed an Actuarial Memorandum that provides support for this revision. For your convenience, we have enclosed a “side-by side” comparison of our current and revised rates and rules.

 

Status: Closed-APPROVED
Effective Date: 6/1/2008         
Percent Change: -1.80%
 
MMRF
Attachment(s): 
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DCTR-125460884.pdf225.64 KB