Berkshire Hathaway CEO Warren Buffett and MLMIC Chairman of the Board James Reed discuss the future of healthcare and MLMIC’s role protecting New York physicians.
Choose EPIC benefits.
MLMIC Employed Physicians Insurance Coverage (EPIC) offers a truly customizable coverage structure. Plus, unique benefits, concierge-level service, and the backing of a Berkshire Hathaway company.
Get identical coverage for all employed physicians from a single, admitted carrier
Simplify your process by insuring multiple professionals and entities under a single policy, account, and billing/invoicing system
Easily verify coverage, request changes, review claims status, and more at any time by designating a single Policy Administrator
Gain valuable savings.
MLMIC provides the opportunity to take advantage of a number of discounts and endorsements to help reduce your premiums.
up to 50% savings
New doctor discount
up to 50% savings
Risk management discount – 5% savings when you complete a NYS qualified Risk Management program
up to 12% savings
Claims free discount – up to 12% savings for qualified physicians and surgeons with no open claims
Voluntary attending physician discount – 12% savings for qualified physicians who participate in combined legal defense, and mandatory risk management and loss prevention programs
MLMIC Excellus Credentialed Physician Insurance Program (ECPIP) discount – 12% savings offered to qualified Excellus Health Plan, Inc., credentialed providers
Waiver of consent to settle a claim – 5% savings available to individual named insureds
Indemnity deductible – 1.4% reduction of the $1,000,000/$3,000,000 rate (regardless of individual limits of liability) with a $5,000 deductible for each claim
2% premium credit
Quick payment – a 2% premium credit is applied for prompt payment of the full annual premium upon receipt of the invoice
Learn about excess and optional coverages.
Available at no additional cost to those who qualify, the Excess Liability Program provides an additional layer of insurance protection, over and above the required primary limits of $1.3 million each person/$3.9 million total.
Defense costs coverage
Qualifying physician policyholders may be able to purchase coverage for the costs of defending an administrative action or governmental proceedings.
Professional entity coverage
Eligible professional entities may purchase separate limits of coverage up to $1,000,000 each person/$3,000,000 total for a premium charge.
Employees of a MLMIC insured physician or surgeon may apply for a separate policy with individual limits of liability that provides coverage within the scope of employment for the physician practice.
Download an application.