O U R S E R V I C E S
Started over 40 years ago, HAPI is the first, physician-owned, medical malpractice coverage provider in the State of Hawaii.
HAPI offers medical liability coverage on a claims-made basis for a limit of $1 million per occurrence with a $3 million annual aggregate.
New members pay substantially less for the first year of coverage. As their exposure to claims increases, subsequent annual costs increase accordingly, until they fully mature in the 3rd year.
VALUE ADDED BENEFITS
All HAPI physicians will automatically receive the following additional coverages at
NO ADDITIONAL CHARGE:
HAPI's claim system is designed to bring together a team of professionals with the knowledge and experience to bring claims asserted against members to a prompt and favorable resolution.
Experienced Defense Counsel
HAPI protects our members' reputations by utilizing experienced defense counsel to represent members in administrative proceedings and litigation. The attorneys we retain are among the finest in the State of Hawaii, with a proven track record for successfully defending medical malpractice claims.
Knowledgeable Claims Administrators
HAPI has contracted with CAP/MPT to serve as third party administrator of claims filed against our members. CAP/MPT brings over 40 years of experience to assist in managing claims and reducing legal expenses. CAP/MPT provides information and assistance to members who may be threatened with claims, and relies on its years of experience to evaluate claims for litigation or settlement.
Professional Claims Review
Physician HAPI members serve on a committee which works with the claims administrator and legal counsel to evaluate claims. The Claims Review Committee provides the medical expertise needed to assess malpractice issues and damages, and works with the doctor to ensure that all important aspects of the defense are carefully considered and fully explored.
HAPI's Team Will Work with You
HAPI's experienced team works with members who are involved in potential claims to reach a swift and satisfactory outcome in all disputes. Members and their attorneys will be expected and encouraged to participate in defense and settlement.
To further enhance our claims handling, we have contracted with an experienced Third Party Claims Administrator.
HAPI allocates PIP's actual costs to the membership. The PIP financial structure is based upon a three tiered pricing strategy, which involves membership deposits, annual dues and assessments. Each member is assigned one of fifteen risk classifications, based upon the physician's specialty and the procedures performed within that specialty.
The membership deposits are placed in a trust fund, generating income to pay defense costs, settlements, judgments and operating expenses of PIP. The deposit is a membership fee, which is tax deductible to the physician and refundable, in accordance with the Physicians' Indemnity Plan Agreement. The amount of the deposit depends upon the physician's risk classification, and currently ranges between $8,500 and $49,500. Under HAPI's pricing structure, the physician pays the deposit in ten, interest free, annual installments.
The members are also required to pay annual membership dues, which vary depending on the risk classification. The current annual dues range from $100 for class 1 to $1,000 for class 7B.
An annual membership assessment is based upon the claims payments, defense costs and operating costs of the program, with emphasis given to the Plan's performance over the past twelve months. The total assessment is then allocated among the members, based upon a risk ratio, which is assigned to each specialty risk classification. The annual assessments are designed to be both fair to members and to allow HAPI to remain competitive in the marketplace.
After converting my coverage to HAPI, I was pleased with the cost savings but even more impressed with their immediate attention to my concerns. It is very reassuring to know that HAPI is highly accessible if there is a concern. I’ve experienced excellent customer service since day one.
Art Wong, Pediatrician