Physician Risk Management

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Risk management is an integral part of a physician practice, and your risk management should meet your unique needs.

At PSIC, our goal is to provide our physician policyholders with the knowledge, skills and tools to enhance productivity, improve patient safety, reduce practice risks and help avoid claims.

As a physician policyholder, you and your designated office staff can participate in risk management activities. By participating in online continuing medical education courses, webinars and the Personalized Risk Assessment, you may qualify to earn a risk management premium discount. 

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Additional disclaimers and clarifications apply to the PSIC risk management offerings: Discount can be earned by taking PSIC-produced courses or PSIC courses provided by approved companies. Access for these courses is only available through the PSIC website; All courses approved for discount are listed on the PSIC website. Once a course has been completed and a premium discount given, duplicate credits and/or discounts for repeating the course will not be given. The maximum risk management discount earned in any given calendar year cannot exceed 15%. The Personalized Risk Assessment must be completed at least 90 days prior to the renewal date. Those who receive a risk management discount will not be eligible to receive the experience rating modification. The total of all discounts and/or credits used in conjunction with the risk management discount will not exceed 70%. Physician office staff are invited to attend all activities, but to earn any discount, the activity must be completed by the physician with appropriate attestation (signed documentation). Staff cannot earn discounts on behalf of a physician. Courses that are approved for continuing medical education (CME) credits will be noted accordingly; All discounts, with the exception of the Personalized Risk Assessment are in effect for one (1) calendar year. 

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