The Hartford has introduced Private Choice Encore for Healthcare Organizations, a management liability policy that offers coverage for directors and officers; employment practices; fiduciary liability; kidnap and ransom; and crime. The coverage can be customized based on the organization’s needs.
The Hartford’s new policy also offers coverage options to help address several key concerns of healthcare organizations, including:
- Allegations involving peer review, credentialing and other provider selection activities;
- Claims of anti-competitive behavior for activities alleged to create monopolies or perceived to be in restraint of trade;
- Alleged violations of HIPAA(Health Insurance Portability and Accountability Act), EMTALA(Emergency Medical Treatment and Active Labor Act) and certain sections of the Internal Revenue Code, which may result in civil fines or penalties; and
- Allegations of fraud or abuse in a healthcare setting, such as violations of the Federal False Claim Act. Coverage for the defense of these allegations is available to qualifying organizations by endorsement.
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