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MLMIC vs. RRG Coverage: A Quick Reference Guide

5 years ago

It is understandable why physicians are drawn to RRGs. These days, reimbursements are a challenge and expenses keep increasing, and medical budgets are stretched thin (a claims-made RRG policy may cost a third of an occurrence policy with a well-funded malpractice insurer, which can certainly seem like an enticement to a budget-strapped physician or medial practice

But choosing to partner with an RRG is a decision that must be based on much more than dollars and cents: it is a decision that could impact not only your career as a physician but your livelihood. So before considering a move for your professional liability coverage needs to seemingly less expensive coverage with an RRG, please read the following side-by-side comparison of key components. Here, we’re comparing an RRG with MLMIC, as an example:



Eligibility for free excess coverage?



Types of coverage offered?

Occurrence & Claims Made

Typically, Claims Made only

Regulated by New York State?


Typically, NO

Covered by NYS Property & Casualty Insurance Security Fund in event of insurer’s insolvency?


Typically, NO

Upfront costs required to become insured?


Often, YES

Jeopardy of privileges at affiliated hospitals?



Physicians who are considering transferring their coverage to an RRG should first contact a MLMIC underwriter. MLMIC underwriters are available to answer any questions and can be reached at the office nearest a physician’s practice location: New York, 212-576-9670; Syracuse, 315-428-1188; Latham, 518-786-2700; East Meadow, 516-794-7200


Categories: DentistsHospitalsPhysicians
Tags: claims madecoverageexcess coveragemedical liabilitymedical malpractice insuranceMLMICRRG