Is an RRG Right For You?

by | Jul 23, 2013 | General

RRG (Risk Retention Groups) offer physicians many benefits and taking these advantages into consideration can help you to determine if they suit your particular needs. Having adequate insurance in place not only offers peace of mind but is a prerequisite to practicing medicine safely. However in many areas, insurance rates are very high as we see in NY. The exorbitant cost of insurance makes considering an RRG (Risk Retention Groups) a smart option.

PriMed Consulting – Offering the Solutions You Need

Business name is an insurance broker serving New York and New Jersey. They offer detailed guidance and advice while helping you customize your insurance packages to suit your needs. If you are considering an RRG (Risk Retention Groups), these professionals will be able to provide you with all the facts so that you can make a fully informed decision. These experienced insurance brokers are adept at navigating the various insurance options and at no additional charge, they will offer you a comparative analysis of the insurance options that are appropriate for you.

An RRG can take the financial strain off of your hands in ways that traditional insurance options cannot. There are many other advantages to an RRG (Risk Retention Groups). Physicians who have a history of lawsuits may find it difficult to be approved for a new insurance contract. if this is the case, the physician can join a Risk Retention Group along with other physicians in order to receive the insurance they need despite their history.

Understanding The Facts

An RRG is a liability insurance group formed by practicing medical professionals. The Liability Risk Retention Act mandates that the organization must be licensed in one particular state even if the members are spread across different locations. Typically members of the RRG (Risk Retention Groups) usually reside within the same state as colleagues and so this stipulation does not typically affect them negatively.

Understanding your insurance options is made easier with the help of experienced professionals. Business name offers many options that may be appropriate for the needs of your medical practice.

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