Voluntary Attending Physicians Program

Frequently Asked Questions (FAQ).

1. Who is the insurance carrier?

Hospitals Insurance Company, Inc. (HIC) is a New York admitted and licensed company that provides both a primary layer and an excess layer of coverage to those physicians who qualify.

2. How long does it take to place the coverage?

Usually 2-3 weeks

3. What is the Voluntary Attending Physicians (VAP) Program?

The Voluntary Attending Physicians (VAP) Program is a full service malpractice insurance and risk management program with over three decades of experience in providing Occurrence and Claims Made coverage at a competitive cost.

4. Who is eligible for the Mount Sinai VAP Program?

To be eligible for the program you must be credentialed at an FOJP member hospital or be a member of the MSHP Clinically Integrated Network and credentialed by Mount Sinai Health Partners.

5. What discounts are available to me in the VAP Program?

There are a variety of discounts available to those physicians who qualify:

  • A 2% discount is available if the entire premium is paid in a lump sum.
  • A 5% discount is available for successful completion of a New York State Insurance Department approved risk management course.
  • A 5% discount is available to obstetricians.
  • A 5% discount is available for waiver of consent.
  • A 7.5 % claim free discount on premium is available for physicians who meet all of the following requirements:
    • Have been in practice for five consecutive years with an individual policy
    • Have had no claims or lawsuits reported during this five-year period (1/10/2012-1/1/2017)
    • Have had no surcharges
    • Have had no New York State Office of Professional Medical Conduct (OPMC) hearings or other administrative proceedings
    • Submit evidence of continuous coverage from their present carrier as well as a recent claim history
  • A 35% discount is available for Part Time (20 hours or less per week) in premium classes 2, 4, 5, 6 (Vascular only) 7, 8, 9, and 10. However, Neurosurgery (1), Obstetrics (3) and Cardiothoracic Surgery (6) are excluded from part time coverage.
  • A 50% discount is available for Part Time in premium classes 11 through 23, and 54.

6. How do I obtain an application for enrollment in the VAP Program?

Go to this website: www.hicgroup.com. At the top of the screen, click on “Enroll” and then select “Professional Liability Application” to download the Voluntary Attending Physicians Application for Professional Liability Insurance. Complete the application, and attach a copy of your New York State license and declaration pages (primary and excess) from your current insurer.

7. How are premiums determined?

Premiums are based on the location of your principal office and your specialty.

8. What is the difference between Occurrence and Claims Made coverage?

An Occurrence policy covers claims arising from the insured’s services during the policy period regardless of when a claim is made. A tail is never necessary when the policy is cancelled.

A Claims Made policy covers claims incurred and reported only during the time the policy is in effect.

9. What is the difference between tail and nose coverage?

Tail coverage is purchased from the current insurer upon termination of a claims made policy to cover any claims that arise. Prior acts (nose) coverage is purchased from the new insurance carrier when a primary policy is purchased. The cost of nose coverage is factored into the claims made premium.