What is the High Cost Claim Indemnity Scheme (HCCS) for Doctor’s Medical Indemnity Insurance?

/What is the High Cost Claim Indemnity Scheme (HCCS) for Doctor’s Medical Indemnity Insurance?

What is the High Cost Claim Indemnity Scheme (HCCS) for Doctor’s Medical Indemnity Insurance?

The HCCS was legislated in 2002 to strengthen the medical indemnity insurance available to doctors in Australia following the collapse of UMP, a large medical defence organisation. The scheme allows Medical Indemnity insurers to share 50% of the costs of certain claims with the Australian government.

The amount of a claim must exceed a threshold before it can be claimed under the HCCS. This amount has been set at $300,000 since 2004 but will be increasing to $500,000 from July 2018. A claim under the HCSS must relate to an incident occurring within Australia and arise from the practice of a medical profession. The HCSS does not apply to claims relating to public patients treated in a public hospital.

2017-08-24T14:03:30+00:00March 30th, 2017|