We arrange excellent value dental indemnity for you. This is backed by advice from experts and full support through the entire process of any claim from a team with extensive experience.
The Department of Health and Social Care White Paper on "Appropriate clinical negligence cover" points to the greatest change to medical indemnity since 1885. Dentists must take advice and respond now.
“The DHSC has identified fundamental weaknesses in the current system of discretionary cover. It highlights contractual uncertainty for policyholders, serious question marks over MDOs’ reserves, lack of clarity on their financial strength and an absence of regulatory scrutiny. Shining this spotlight on the glaring inadequacies of the current system sounds the death knell for non-commercial provision of clinical negligence cover.
“Although this consultation runs until the end of February, the DHSC’s comments indicate a seismic shift in how doctors and dentists source their clinical negligence cover. Waiting simply isn’t an option for practitioners – it’s essential they consider immediately how this will impact them and for them to look at alternative options.
“MDOs would need to raise huge amounts of capital and undertake major structural changes to meet the regulatory requirements set out in the consultation. This will all take time, raising considerable questions over their ability in the short, medium and long term to provide the cover that clinicians will need.
“The consultation paper makes it clear the scope and extent of future cover will be the responsibility of individual practitioners. This clearly requires the kind of professional expertise and guidance offered within the commercial sector.
“Practitioners should avoid viewing the Clinical Negligence Scheme for Trusts as some kind of security blanket. The CNST does provide state-backed cover, but this doesn’t extend to non-NHS work or any dental work.”
Roger added: “The consultation paper is as striking for what it doesn’t say as for what it does. Clinical negligence cover is addressed, but what about disciplinary cover? What’s the situation for clinicians planning to retire in the near future? It also begs the question of what will happen to existing claims and reserves for work deemed negligent prior to any transfer date.
“All of these factors suggest a move to the commercial sector needs to be made as soon as possible, to provide clarity and certainty.
“The consultation also hints at longer-term concerns for those remaining with the MDOs, such as the potential risk of having to pay towards their run-off. The simple rule of supply and demand also suggests better deals may be available for those transferring to the commercial sector now, rather than waiting to join the rush of those looking to switch in the future.”
The General Dental Council has always required dental professionals to have adequate indemnity. This was enacted into law in The Health Care and Associated Professions (Indemnity Arrangements) Order 2014. By law dentists (and doctors) need medical indemnity.
On 6th December 2018 the Department of Health and Social Care issued a White Paper entitled "Appropriate clinical negligence cover". This paper expresses the DHSC's desire to disallow discretionary mutual cover for clinical negligence. If this is implemented the cover provided by all of the MDOs would not meet the legal requirement.
All dentists must be covered by Medical Indemnity by law. As a company, there is a strong argument that a Dental Practice should buy indemnity, rather than the individual dentists. This would both be consistent with Professional Indemnity Insurance purchased by other professions and the Clinical Negligence Scheme for Trusts which covers NHS Trusts and associated entities. Insuring at the entity level tackles the growing issue of vicarious liability claims in medicine.
Dental indemnity claims tend not to be for large amounts, but can be frequent. An experienced dentist with no claims might pay between £2,000 and £3,500 for indemnity. Grouping all of the dentists together as a single dental practice tends to reduce the premium. This reduction is more substantial than a simple group buy type of discount. If the insurance is structured well there is a definite reduction of exposure to the insurer. Moreover, with Dental Practice Indemnity, new dentist can work for the business without the need to prove or extend their own personal cover.