Interested in learning more about the risks and rewards of using telemedicine in your office? This month, TMLT will be hosting an ethics CME on the topic. The seminars will take place on April 20 and 28 and will be streamed live.
You can register here. If you have any questions, call 800-580-8658, ext. 5050.
Texas Medical Liability Trust (TMLT) is offering KN95 respirator masks — a crucial piece of personal protective equipment (PPE) — to its policyholders on the front lines of the COVID-19 emergency in Texas. While supplies last, the masks are being provided at no cost to physician policyholders and their practices in need of this PPE.
“We are doing all we can to provide relief to physicians who are in the trenches fighting this common enemy — COVID-19. We will do our very best to provide those in the greatest need with this important, potentially life-saving equipment,” Donohoe says.
TMLT physician policyholders responded quickly to the news. “I have been diligently trying to find these masks and other PPE. Your kindness is appreciated,” wrote Dr. Karen Anderson, a nephrologist in Houston, TX.
Dr. Paul H. Kocay, an obstetrician-gynecologist in Boerne, TX added, “As a small practice, we’ve not had access to ANY type of masks since March 15th. This will help us immensely!”
Supplies are limited and are expected to go quickly. Policyholders should check their email for details on how to request a supply of KN95 masks.
TMLT policyholders will receive an additional 10 percent premium dividend credited to their accounts. The dividend — approved by the TMLT Board of Governors in an emergency meeting — gives immediate financial relief to TMLT policyholders hit hard by the COVID-19 public health crisis. The dividend will provide policyholders approximately $13 million of additional relief in 2020 premium.
The amount of each policyholder’s dividend will be based on his or her in-force premium amount as of March 1, 2020.
The dividend is designed to help physicians experiencing financial difficulties that come with shelter-in-place orders and directives to postpone procedures. “This is not business as usual,” says TMLT President and CEO Robert Donohoe. “Doctors are wondering how they’re going to stay in business. This dividend can offer some relief to the enormous pressure physicians are now facing.”
The COVID-19 special dividend is in addition to dividends previously declared for TMLT policyholders. The COVID-19 special dividend will be effective immediately and applied to their next premium invoice.
Since TMLT began its dividend program in 2005, TMLT policyholders have saved approximately $329 million.
Texas Medical Liability Trust (TMLT) will now offer insurance coverage at no cost to retired Texas physicians who resume practicing medicine during the COVID-19 public health emergency.
This medical professional liability coverage will be offered without premium to any Texas physician working on a volunteer basis and in direct response to a governmentally declared emergency order regarding the COVID-19 crisis.
Details of the coverage include:
Coverage will be offered to retired physicians working on a non-paid, volunteer basis only.
All retired Texas physicians are eligible, whether they have been TMLT policyholders or not.
Membership in the Texas Medical Association is not required.
You can also call TMLT’s underwriting department at 800-580-8658 or 512-425-5800 or email at firstname.lastname@example.org to apply or learn more.
From Robert Donohoe, president and CEO of TMLT:
“To offer additional support to Texas physicians and the public, TMLT is offering medical liability coverage, at no cost, to retired physicians who come back to work and help their colleagues during the COVID-19 emergency. It is our job to assist physicians in any way possible as this crisis continues to intensify.”
About TMLT The largest medical liability insurance provider in Texas, TMLT serves more than 20,000 health care professionals. Rated A (Excellent) by A.M. Best Company, TMLT is the only medical professional liability insurance provider exclusively endorsed by the Texas Medical Association.