IHA - Insurance & Risk Pooling Solutions

Risk AdvantageSM

Risk AdvantageSM - MAIC Physician Risk Management Discount Program

MAIC offers its insureds a unique opportunity to work together towards common goals of:
  • Reduction of Risk
  • Preservation of Professional Integrity and Reputation
  • Prevention of Lawsuits
  • Improvement of Quality of Care
Through our Risk AdvantageSM program, an insured can earn up to an 8% discount on MAIC premiums, often earning continuing medical credits (CMEs).  Practical strategies to reduce and control practice risk can be learned and money saved at the same time.

Risk AdvantageSM discounts are available by completing any one of the risk management educational programs listed below.
Educational Program Discount %
Risk Management Seminars or In-Services 1% per 1 hour of participation, maximum discount up to 4% per year.
Online Risk Prevention Education 1% discount per course completed, up to 4% per year

The Risk AdvantageSM educational programs are offered free of charge to MAIC insureds, and continuing medical education credits are available for most of the programs. 

Discounts earned are applicable only to the renewal term immediately following the policy period in which they are earned and do not apply to any future renewal periods.  No fractional percentages will be awarded and numbers will be rounded down, e.g. 3.5 hours of participation equals a 3% discount.

The discount for policies covering multiple physicians is taken off that portion of the premium applicable to the physician who participated in the educational program and thus earned the discount.  For more information regarding eligible discounts for Emergency Department, Occupational Health, and Urgent Care physicians Contact Us.
Medical Alliance Insurance Company (MAIC) is only licensed to transact the business of insurance in the State of Illinois.  The information provided on this website is for information purposes only and is not a solicitation to transact any business of insurance in any other state where MAIC is not licensed to conduct such business.  Information about the policies and practices of MAIC on its website are summaries only and subject to the actual language of the policies and rules.