State-Backed Medical Indemnity Scheme – What Does It Mean for Your GPs?

With the implementation of the new state-backed medical indemnity scheme from 1 April 2019, your GPs are probably anticipating significantly lower insurance costs. Find out how this will affect your medical indemnity cover.

Do GPs still require medical indemnity cover?

Yes. The new scheme will only cover GPs for work undertaken by NHS contracted medical services, so this means that medical indemnity cover will still be required for:

  • Any private or fee-paying work undertaken
  • GMC proceedings
  • Patient complaints
  • Coroners’ cases
  • Criminal investigations
  • Good Samaritan Acts
  • Disciplinaries

Do GPs need run-off medical indemnity cover?

Yes. The state-backed scheme is not going to provide run-off cover and to ensure your GPs are fully protected, those with a claims-paid of claims-made indemnity policy will need to purchase cover separately themselves should they decide to move to the state-backed scheme.

Ensure your medical indemnity cover meets GMC regulations

Your GPs will need to ensure that when purchasing a medical indemnity policy on a reduced cover basis that they make themselves fully aware of the terms under which is it being offered, taking into consideration how they will cover themselves after the period of cover has expired and the cost of run-off cover.

It is essential GPs have the appropriate medical indemnity cover in line with the GMC professional regulatory requirements to enable them to practice.

New Medical Indemnity Plus insurance from Towergate

In response to the limitations of the state-backed medical indemnity insurance policy, we are launching Medical Indemnity Plus, which will provide claims-made protection for your GPs with cover for:

  • Professional duties whilst attending a Good Samaritan Act
  • Legal expenses

For more details of what is covered by our medical indemnity insurance and the exclusions, please call our specialist advisers on 0330 123 5140 who will be happy to help you.

This is a marketing article by Towergate Insurance.

Read related articles

Nurses Working

A Buyer's Guide to Medical Indemnity Insurance

Medical indemnity insurance is a regulatory requirement for some professionals and a recommended cover for many others. Our guide explains what medical indemnity is and some...

View article
Guide To Surgery Insurance

A Guide to Surgery Insurance

If you own a surgery; be it medical, dental or veterinary, you'll need the correct insurance in place. Our guide explains what you should look for in your policy and some...

View article
Managing Staff Absence In Your Practice News Image

Managing Staff Absence in Your Practice

Statistics from the CIPD show that staff absence levels have dropped in the public sector. However, staff absence is still a concern. Read on to find out more about staff...

View article
Locum Thumb

How will the GMS Contract Changes Affect Locum Insurance?

Read about the changes in reimbursements of sickness cover for GPs from 2017/8, how they will affect locum insurance, and how Towergate can help cover your staff absence requirements.

View article