MIGA Bulletins - June 2010

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Premiums reducing, claims down - what's happening?

June 2010

Category
Group News

This year, the majority of our members will receive an average reduction in their premium of between 10% and 15% on renewal, with some higher or lower than this, based on the claims experience of their speciality. We believe there is a real correlation between these results and our strong focus on risk management. Members are now benefiting from this via reduced premiums.

MIGA awarded Federal Government contract for midwives insurance

June 2010

Category
Group News

As part of the Federal Government’s commitment to maternity services reform, legislation was passed in Parliament on 16 March 2010 to establish a Government-supported professional indemnity scheme for eligible midwives. It also gives eligible midwives in private practice access to the Medicare Benefits Schedule. MIGA is pleased and proud to have been selected to be the sole provider of insurance in Australia for the Midwives Insurance Scheme.

Critical compliance conditions - New South Wales Medical Practice Act

June 2010

Category
Medico Legal Issues

The ramifications of a critical compliance condition being imposed on a registered medical practitioner are important for doctors registered in New South Wales. With the onset of national registration, this could have implications for all doctors registered in Australia.

Price versus quality and security

June 2010

Category
Insurance & Membership

How important is your policy cover to you? Medical indemnity insurance is complex and insurance policies can be lengthy and confusing. Although you know cover is important, sometimes it’s easier to make a decision on your insurance based on price as understanding the differences in cover between insurers can be difficult.

Payment and steps to finalise renewal for 2010/2011

June 2010

Category
Insurance & Membership

Members are reminded their insurance and membership is due for renewal on 1 July 2010. The steps to finalise your renewal by this date are clearly outlined in the renewal letter mailed with your invoice.

Monthly instalment facility

June 2010

Category
Insurance & Membership

Great news! An alternative way to pay your membership and insurance premium – pay by instalments.

Policy and Category changes from 1 July 2010

June 2010

Category
Insurance & Membership

We have made some changes to our policy cover again this year introducing some new benefits and clarifying the basis of cover in some areas.

Could your practice structure create gaps in your insurance cover?

June 2010

Category
Medical Indemnity

Many medical practices are structured in a way that is entirely appropriate from a business perspective, however this may lead to complications with your insurance.

Privacy and genetic information - New guidelines for health practitioners

June 2010

Category
Risk Management

The guidelines were developed in response to the changes to the Privacy Act and National Privacy Principle 2 and took effect from 15 December 2009. The guidelines are an essential tool for assisting with decision making and the process for use and disclosure.

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