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Managing risk in a medical practice is always a challenge, and the pandemic has ushered in specific concerns as practices now have to contend with developing new in-office procedures, implementing telehealth visits, and keeping up with ever-changing regulations. In this webcast, a panel of risk management experts with the Cooperative of American Physicians, Inc. (CAP) will discuss strategies for navigating these new circumstances while remaining flexible and compliant.
The Cooperative of American Physicians (CAP) provides medical professional liability coverage to over 12,000 of California’s best physicians as well as a wide range of free resources such as HR consulting, a free group purchasing program, and personal insurance solutions designed specifically for physicians.
CAP members receive medical liability protection from the Mutual Protection Trust (MPT). Since 2006, MPT has earned A.M. Best Company′s A+ (Superior) rating, demonstrating MPT′s financial strength and its ability to meet ongoing coverage and contractual obligations.
The Mutual Protection Trust (MPT) is authorized under Section 1280.7 of the California Insurance Code as an unincorporated interindemnity arrangement among physician members of the Cooperative of American Physicians, Inc. (CAP). Members do not pay insurance premiums. Instead, they pay tax-deductible assessments, based on risk classifications, for the amount necessary to pay claims and administrative costs. No assurance can be given as to the amount or frequency of assessments. Members also make a tax-deductible Initial Trust Deposit, which is refundable according to the terms of the MPT Agreement. ©