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MEDICAL BILLERS ERRORS AND OMISSIONS INSURANCE PROGRAM

Companies who regularly handle such sensitive information as patient medical records have a particular responsibility to maintain the confidentiality of the data. Failure to exercise the appropriate degree of care – whether intentional or not – can have a significant adverse financial impact on your firm.

The Federal Health Insurance Portability and Accountability Act (HIPAA) calls for stiff fines and other penalties for not complying with patient privacy regulations. Lawsuits can also be brought against your firm for breach of confidentiality.

Consider some policy highlights :

  • Duty to Defend Provision. Legal defense will be provided for any covered allegations brought against you – even if the suit is groundless, false, or without merit.
  • HIPAA Violation Protection. Coverage for defense costs, civil fines, and penalties levied by government agencies arising out of non-compliance with HIPPA regulation.
  • Computer Virus Coverage. Protection against third party computer virus damage due negligent transmission of malicious software or network security failures. Some restrictions apply.

Applications


Medical Billers Application