MEDICAL PROFESSIONALS – YOU MAY NOT BE A MAJOR GROCERY STORE OR RETAILER, BUT THAT DOES NOT MEAN YOU ARE SAFE FROM THE AVERAGE CYBER HACKER

Schnucks, Target, Neiman Marcus…Is anyone safe?  What about medical records and personal information that is now electronically stored in doctors’ offices, hospitals, urgent cares, etc.?  Reports of security breaches have become common in daily news reports and certain measures must be taken in order to protect such data.  All medical professionals need to ask themselves, “Am I covered if my records are compromised?” 

Cyber coverage has now become a necessity in the practice of medicine concerning the use of EMRs and the HIPPA Regulations.  Starting January 1, 2014 Galen Insurance Company now offers Cyber Secure and Regulatory Secure Coverage as part of the professional liability medical malpractice insurance policy. 

Galen Cyber Secure encompasses the following: 

  • Patient Breach Notification
  • HIPPA Fines and Penalties
  • Galen Regulatory Secure Includes:
  • RAC audits or allegations of fraud and/or abuse
  • HIPPA, STARK, or EMTALA violations

In order to remain a successful professional in this day and age one must take the initiative and responsibility to ensure their customers’ and patients’ crucial records are secure.

About Galen Insurance Company:

Galen Insurance Company is a physician founded medical malpractice insurance company headquartered in St. Louis, Missouri.  Galen’s sole line of business is medical professional liability insurance for physicians, allied professionals, medical facilities, and medical entities in Missouri, Illinois, and New Jersey.  They are an AM Best rated company and reinsured by all A-rated reinsurance carriers.  Partnered with experienced doctors and proven consultants, Galen obtains the highest quality actuarial, auditing, and investment services ensuring that policyholders receive the fullest value possible.  For more information about Galen Insurance Company, visit http://www.galeninsurance.com