Insurance

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The general question in the present state of affairs is what can we expect in the way of cost changes to our therapist insurance - does anyone have any recent contact with the insurers or any indication of what we may be likely to expect.

-- John Cavanagh (lochcav@bigpond.com), May 06, 2002

Answers

Hi John,

I am looking into that on behalf of the students at Peridor Health Schools since we are currently running a "Business Management and Legal Issues" course.

The whole Chiropractic and Osteopathic industry has taken a hit and with increased premiums it has become of prime importance to update all members of COCA "Risk Management" protocols and they are runnning seminars, which, if we attend, have the chance at keeping premiums lower.

I would be suggesting at this time to check directly with your insurer as to how you stand. All aspects of insurance are changing and it appears with increases everywhener and a greater number of exclusion clauses. If you are about to renew, ask the insurer as to whether there have been changes in their policy documentation.

Cheers......Mark Philip Deal

-- Mark Philip Deal (peridor@optushome.com.au), May 06, 2002.


I was recently surprised when I renewed my insurance and it had only risen by about 20%, I was afraid it may have doubled or worse as it has for medico's.... how long will it be before we get hit with msssive rises??? who knows

-- Dave Moore (hiroko-dave@msn.com.au), November 04, 2002.

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