logo
Share SHARE
FONT-SIZE Plus   Neg

ACE Announces Increase In Professional Liability Coverage For Podiatrists

Swiss-based insurer ACE Limited's (ACE) U.S. based retail operations ACE USA said Friday that its ACE Medical Risk Division has increased the reimbursement limits for legal expenses incurred due to an action by a federal or state agency arising from a podiatrist's pariticipation in the Medicare or Medicaid programs.

The company said the new Podiatrist Professional Liability Coverage Endorsement will help to mitigate and manage rising legal expenses by raising the coverage limits from $30,000 to $50,000 per action, with an annual aggregate of $50,000.

The product is underwritten by companies within the ACE Group and is offered to podiatrists exclusively by RPS Healthcare, National Program Administrator of the Podiatry PLUS program.

This new product enhancement comes to the market as ACE and RPS prepare for their participation in the 2012 Midwest Podiatry Conference in Chicago, Illinois.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Chinese electric vehicle start-up Nio has launched the NIO ES8, a seven-seater electric SUV, at about half the price of Tesla's Model X. The ES8 is Nio's first mass-produced model for the China market. Founded in 2014, Nio unveiled the ES8 in Beijing on Saturday at a base price of 448,000 yuan, or $68,947, before subsidies. This is only about half the price for Tesla's Model X. Bitcoin futures started trading on the world's largest futures exchange, CME Group Sunday, a week after the launch of the very first bitcoin futures on CBOE. CME's own bitcoin futures contract started trading under the ticker "BTC", with the sale price for its January 2018 contracts opening at $20,650. HEICO Corp. (HEI) and Worthington Industries Inc. (WOR) are slated to release their quarterly results on December 18, 2017.
comments powered by Disqus
Follow RTT