Wisconsin Medical Society Insurance and Financial Services, Inc. is a subsidiary of the Wisconsin Medical Society and is your resource for insurance coverage. We are an independent insurance agency with agents who are dedicated to serving the insurance needs of the medical community.

For over 25 years, Wisconsin Medical Society Insurance and Financial Services, Inc has been dedicated to helping Wisconsin physicians, clinics and hospitals obtain the coverage they need. Our services range from medical professional liability to personal auto to worker's compensation and much more.

News & Information

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A Quick Look at Telemedicine

Posted September 19, 2008

Kyle Fromm, Risk Management Consultant
PIC WISCONSIN, A ProAssurance Company

Telemedicine takes health care to a different level. Now we have the ability for physicians to provide patient care anywhere in the United States, and even around the world. Below are risk management issues to consider regarding telemedicine.

Licensing
Some states have restrictive licensure language; providing care via telemedicine in those states may require licensure or endorsement from that state's licensing board. Check with a state’s licensing board to see what you need to do to ensure compliance with that state’s regulations regarding licensure.

Professional Liability Insurance
Does your current coverage allow you to perform telemedicine? Check with your agent or carrier to ensure coverage.

Diagnoses
Providing care by telemedicine has its advantages and disadvantages. There’s a disadvantage to not being able to examine a patient in-person. With telemedicine, you must rely on those physically present to ensure you receive accurate information. Documentation and communication are especially crucial in telemedicine; protocols should be in place to ensure you receive accurate information.

Prescribing
Again, documentation and communication are crucial. Ensure medication reconciliation protocols are followed. In addition, when prescribing controlled substances, make sure you comply with state-specific regulations regarding pain management and addiction.

Additional Resources:

• The American Telemedicine Association: Telemedicine Standards and Guidelines
• The Telemedicine Information Exchange
• Alliance of State Pain Initiatives
• The American College of Radiology

Exclusive Term Life Insurance Plan for Wisconsin Medical Society Members

Posted August 5, 2008

Providing peace of mind in an uncertain world!

We are proud to announce a new membership benefit that is being offered to members of the Wisconsin Medical Society. Along with The Prudential Insurance Company of America, the Wisconsin Medical Society is offering individual life insurance at group rates lower than many individual plans. This plan was designed specifically for the needs of physicians and their families.

To read more about this coverage click here.

Exclusive Long-Term Disability Plan for Wisconsin Medical Society Members

Posted March 30, 2008

As a physician, how will you protect your future income?

We are proud to offer members of the Wisconsin Medical Society and their staff EPIC Life Insurance's long-term disability product that is designed to protect your future income in the event you are unable to work as a result of a disability. Please contact a Wisconsin Medical Society Insurance & Financial Services agent at 866.442.3810 for further details or complete our on-line contact form.

To read more about this coverage click here.

Society offers health plan for retirees

Posted March 18, 2008

Wisconsin Medical Society Insurance & Financial Services &WPS are proud to remind you of our partnership in regards to providing members of the Society with a health plan for early retirees. The Society’s WPS Endorsed member health insurance for individual physicians offers lifetime coverage for retirees who are not currently on a WPS Group plan and who

• Are current members of the Wisconsin Medical Society at least two years prior to early retirement
• Are between the ages of 50-64 at retirement

If you are already a Society member, contact use to receive an application and quote using our on-line contact form or e-mail us at insurance@wismed.org.

If you are not yet a member of the Wisconsin Medical Society, contact our Membership Department at 800.792.8975 or membership@wismed.org.

You must be a Wisconsin resident to be eligible for this offer.