GROUP MEDICAL MALPRACTICE INSURANCE (GMMI) |
Employers who seek cost savings in their employee benefit package are looking to outsource healthcare needs to lower cost facilities throughout the world. The major risk inherent in this solution is the risk of litigation should a medical malpractice occur in the performance of the procedure in the foreign country.
Aos Assurance has responded to this need for insurance coverage in the area of “Medical Tourism”. We have developed a prepaid malpractice insurance vehicle to deal with these uncertainties. It is “first person” insurance, much like traditional travel insurance, that is purchased by the patient before traveling for the medical or surgical procedure. Should a medical malpractice occur, the claim is handled in the patient’s own home country and claims are paid in US currency. There are no lawyers or lawsuits involved at all and claims are estimated to be settled 80% faster than the traditional litigation environment.
The benefit to the patient is confidence
that should medical negligence contribute to their convalescence,
a remedy pre-exists to assist them. Therefore they are more likely
to agree to obtaining healthcare, under the group plan in a foreign
land. Group health benefit providers can offer the lower cost
medical care offered around the world to their customers while at
the same time mitigating their risk in arranging this type of
healthcare.
If you are a group client and you already have a user name and password, click here to enter them, and gain access to the private section of our website for more information.
GMMI PRODUCT OVERVIEW - CLICK HERE
GMMI COVERAGES OVERVIEW - CLICK HERE
If you would like to learn more about this unique offering, click here to email us. Insurers and TPA's are welcome.
