Beazley developed enhanced management liability coverage that is precisely tailored to the needs of healthcare organizations, including hospitals, long term care facilities and academic medical centers.
The coverage is an adaptation of Beazley’s successful B
eazleyOne management liability package policy and protects healthcare organizations against directors’ and officers’ risks, employment practices liability risks, fiduciary risks and other risks including:
- Failure to perform provider selection, credentialing or peer review activities.
- Defense coverage for governmental return of funds claims, triggered when reimbursements from government administered programs such as Medicare and Medicaid are subsequently called into question.
- Affirmative antitrust coverage, as antitrust laws can entail severe penalties when efforts to share services or jointly negotiate better reimbursement terms are deemed to constrain competition and harm consumer interests.
- Full defense coverage for EMTALA, Excess Benefit and HIPAA claims.