Central Valley Health Network is excited to announce another value added benefit program for you. We’ve worked closely with The Hartford1 and James G Parker Insurance Services to create a program that offers Central Valley Health Network members Property, General Liability, Auto, and Workers’ Compensation insurance protection.
James G Parker Insurance Associates (partnering with The Hartford) will act as your Risk Advisor and assist you with the implementation of effective safety/risk control policies and procedures. Focus will be on the reduction of exposures and minimization of losses.
Why the Hartford?
Physician groups have unique business structures and needs. Your protection should be equally specialized. The Hartford is a market leader with medical clinics, with more than 85,000 customers and over 30 years of experience. When it comes to outpatient healthcare practices, The Hartford provides unmatched coverage and customer-friendly service. We focus on protecting not only the business operations of the practice, but also the employees and their valuable time.
Key Coverage Highlights:
Spectrum®
- Computer Equipment is covered as business personal property. Coverage is extended with a $10,000 limit to loss of or damage to data or computer software – including electronic patient records
- Computer & Media coverage form provides built-in coverage for virus damage to computer equipment, software and data. Limits are available up to $2 million.
- Accounts Receivable coverage built into the form for both on and off-premise exposures – limits up to $ 2 million. This coverage responds to losses caused by the inability to collect outstanding balances as a result of lost or damaged records. This coverage is important for practices carrying large account receivables balances while waiting for health insurance carrier payments.
Workers’ Compensation
- Needle Stick Injury Claims Handling – testing for injured healthcare worker and reimbursement for the initial cost of the source patient
- Access to a nationwide network of over 400,000 healthcare providers skilled in handling workplace injuries and helping employees get back to work
- Manage cash flow with XactPAY®, a pay- as-you-go premium charges based on actual payroll with no large down payment and the potential to minimize premium audit adjustments
Auto
- Lease / Loan gap coverage
- Employees as Insureds – if an employee has an accident while driving their own car on company business, personal liability coverage is provided to the employee in excess of the employee’s own personal auto insurance.
- Hybrid replacement coverage – if a non-hybrid is a total loss, and is replaced by a hybrid auto, we will pay an additional 10% of actual cash value up to a maximum of $2,500
