MIEC Welcomes former Physicians Reimbursement Fund (PRF) Members
Effective January 1st, 2021, MIEC welcomed many former members of Physicians Reimbursement Fund (PRF), a Risk Retention Group headquartered in San Francisco, CA. After several months of coordination, MIEC and PRF agreed on a renewal rights transaction that would give current PRF members the opportunity to transition their Medical Professional Liability coverage to MIEC, with limited underwriting and streamlined transaction process. Subsequently, PRF would not be issuing renewal coverage effective January 1, 2021. Overall, this transition proved successful with the majority of former PRF members, largely based in the San Francisco Bay Area, making the transition to MIEC. “We are...
MIEC holds the first remote Annual Meeting of the Policyholders!
MIEC is committed to the health and safety of our policyholders, executive board, and staff. The COVID-19 pandemic has presented a variety of challenges across the healthcare spectrum, as well as some unique challenges to business operations. As a business owned by and operated for the benefit its policyholders, MIEC convenes an annual meeting of the policyholders to conduct board elections and various governance activities. While many members choose to exercise their voting rights via proxy, MIEC has always provided a forum to which members may choose to attend in person. Due to the COVID-19 pandemic, conducting such a meeting...
To further enhance the quality of up-to-date information we provide to our members, MIEC has partnered with ECRI Institute. ECRI Institute is an independent, nonprofit agency with a component Patient Safety Organization, which serves over 5,000 healthcare clients nationally and internationally. ECRI‘s team comprises an interdisciplinary staff of 450 individuals with patient safety, quality and risk management, clinical, legal, information technology, human factors, education, engineering, and science backgrounds. ECRI Institute maintains a clearinghouse of practice risk management and patient safety tools, sample policies and procedures, forms, checklists, assessment questionnaires (SAQs), education/training programs and guidance articles. Topics including communication, infection control,...