COVID-19 Latest Updates and Resources

What coverage & payment options is Curi offering to support practices during this time?

We recognize this is an unprecedented situation and that COVID-19 may lead some practices to face challenges making premium or deductible payments. We have developed three options to support our policyholders with financial hardships associated with COVID-19:

TEMPORARY PRACTICE CLOSING

What if my practice must close for an indefinite period of time due to the COVID-19 pandemic?

Curi will offer a suspension of medical professional liability (MPL) coverage for a minimum period of 30 days, up to a maximum of one year. Your medical professional coverage will remain in place and cover incidents occurring prior to the beginning of the suspension of coverage period. It is very important to note that there will be no coverage for claims arising from incidents occurring during the suspension period.

Due to the significant and immediate impact the COVID-19 pandemic has had on physician practices, Curi will provide this suspended coverage at a 100% discount to your current annual premium. (Depending on your state of practice, you may still be responsible for premiums related to state-specific compensation funds).

FURLOUGHING PHYSICIANS AND/OR APPs

What if my practice remains open, but I must reduce my provider staff for an indefinite period of time due to the COVID-19 pandemic?

Curi will offer a Leave of Absence (LOA) coverage for individual physicians and/or advanced practice providers (APPs) that carry their own individual limits of coverage for a minimum period of 30 days, up to a maximum of one year. For the individual on LOA, their MPL coverage will remain in place and cover incidents occurring prior to the beginning of the suspension of coverage period. It is very important to note that there will be no coverage for claims arising from incidents occurring during the LOA period.

Due to the significant and immediate impact the COVID-19 pandemic has had on physician practices, Curi will provide this suspended coverage at a 100% discount to your current annual premium. (Depending on your state of practice, you may still be responsible for premiums related to state specific compensation funds).

PREMIUM RELIEF OPTION

What if my practice is remaining clinically active, but the COVID-19 pandemic is impacting the practice’s ability to pay my MPL insurance premium?

We recognize the potential financial hardships our members have faced due to the COVID-19 pandemic. As a result and as your partner, in March we announced the suspension of all MPL invoicing until June 30, 2020. This included all scheduled electronic premium payment drafts, even if you have received a draft notice from us indicating otherwise. During this period, your policy remained in force.

As June 30 approaches, all delayed premiums (along with any past due balances) will now be combined into a separate balance known as the “COVID-19 Deferred Premium,” or CDP. In addition, any July or August renewal that is saved as official in our system before June 30 will see the 25% premium down payment added to the CDP balance. CDP balances will be billed over a full 12-month period, beginning in July. The first invoice will be issued in early July and due within a few weeks after that point.

CDP invoices will be fully separate from the regular invoicing process. These invoices will be on paper, even for practices that otherwise pay via EFT. No practice will be able to make a CDP payment via automatic EFT, but they will instead either pay via check or non-recurring electronic payment request.

In addition to the CDP billing, we will resume traditional, non-CDP invoicing in July.

Members may call 800-662-7917 to be connected with their designated Curi representative if they have any questions or wish to discuss their unique situation.

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