New Star Risk Retention Group
Staff Physician Program

Coverage is based on a Claims Made Policy Form and can include prior acts coverage to the retroactive date on your current policy eliminating the need to purchase an extended reporting period endorsement (Tail) when switching insurance carriers

Non Assessable coverage

Claim Expenses do not erode limit of liability

Free Tail coverage at death, permanent disability of physician or if fully retires from medicine after five continuous years of NewStar coverage and age 55

Claims-Free Discounts

New to Practice Discount for first two years of practice if joining straight from a residency or fellowship program

Part-time Discount for physicians practicing less than 20 hours per week

Large Group Discounts available

Entity coverage is available on a Shared Limit basis for Solo Practitioners at no additional cost. Shared or Separate Limits of Liability for groups of two or more physicians may be purchased for an additional premium

Entity coverage can only be provided for physicians and physician extenders that are currently employed by your practice and approved for coverage under this program

Paramedicals or Physician Extenders (PA’s, NP’s, ARNP’s, CNM’s, CRNA’s, Psychologists, Optometrists and Chiropractors) may be covered on a shared or separate limit basis at an additional charge

One time Capital Contribution required for participation in Program. This provides ownership and voting privileges in Program; Can be paid in two annual installments

Premium payment options: Payment in full or 4 installments