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  • August 8, 2017

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  • 2nd Annual Fall Symposium Focuses on Emerging Risks; New Education Events for Physicians, Clinicians and Staff Announced

    phsyician iconsISMIE’s live event schedule is heating up for fall, and now’s the time to register.

    On November 17, seven thought leaders in health care will present at the 2nd Annual ISMIE Risk Management Symposium at the Hyatt Regency O’Hare in Rosemont from 8:30 a.m. – 3:45 p.m. “Emerging Risks” is the theme of this year’s event, focusing on changing care models, genetic testing, opioid abuse, polypharmacy, cyber security and health IT.

    Click here for this year’s speakers, agenda and FAQs.

    The event is free to all ISMIE-insured physicians and clinicians; a $99 early-bird rate ($199 after October 1) is available to employed staff of ISMIE policyholders. Early registration for all other physicians, clinicians, practice administrators and risk managers is $399 ($499 after October 1).

    A limited number of rooms are available at the Hyatt Regency O'Hare for a conference rate starting at $149. Click here to book a room.

    For more information on the symposium, call the ISMIE risk management department at 800-782-4767, ext. 3300 or email riskmanagement@ismie.com.

    Register here.

    Don’t miss the rest of these upcoming ISMIE Live Events:



  • Did You Miss the July 31 Deadline to Renew Your Illinois Medical and Controlled Substance Licenses? Act TODAY

    surprised doctorMidnight on July 31 was the deadline to renew your Illinois three-year medical and controlled substance licenses. If you missed the deadline, there is a 90-day period of retroactive renewal whereby any license renewed in this period will be considered retroactive to August 1. Here’s what you should do:

    1. Go to IDFPR.com. Remember, Illinois medical license renewal is now an all-online process at the Illinois Department of Financial and Professional Regulation (IDFPR) website. You will need your medical license number, Social Security number, and date of birth to complete your renewal.
    2. Be ready to pay a late fee. If you’re an Illinois-based physician, you will now pay a total of $920 to renew your medical license (on-time fee was $690). There is no late fee for renewing a controlled substance license.
    3. Be prepared to document your CME hours. Physicians who renewed before July 31 were simply required to attest completion of the mandatory 150 hours of CME required for renewal. Physicians renewing after the deadline are asked to provide documentation that those hours have been completed.

    ISMIE’s renewal hotline is now closed for the season. We are proud to have assisted more than 1,000 Illinois doctors with license renewal this cycle.

    Although we are no longer processing renewals, we are more than happy to assist with any remaining licensure questions emailed to licensure@ismie.com.



  • ISMIE Updates Illinois Premium Rates for 2017-18

    Each year, ISMIE reviews all specialties, territories and other factors that determine our individual premium levels. During our most recent review, it was determined that Illinois’ average base premium would increase 0.2% overall, driven by a rate rebalancing across all specialties and territories. 

    While ISMIE strives to maintain a level premium and most policyholders will only experience a nominal change for 2017-18, two counties and one specialty have received notable adjustments. 

    Peoria and Will counties will experience an increase of 11.1% and 5% respectively based on loss trends, while favorable experience for Illinois orthopedic surgeons (no spinal) will reduce their premiums 6% for the coming year.

    All changes to ISMIE policyholder premiums will be applied at renewal.  

    It’s important to note that ISMIE policyholders have had recent good news on premium credits. 

    First, eligible individual policyholders now receive a new individual rating credit discount averaging 7.7% at renewal. Previously, this discount was reserved only for clinics. 

    Second, policyholders will receive another round of dividends this year applied as premium credits. As of July 1, ISMIE began distributing a $16 million dividend for 2017-18 to policyholders, raising the total awarded to policyholders to $226.6 million over the life of the program.

    If you have questions, contact your broker or ISMIE’s underwriting team at 800-782-4767 or by emailing underwriting@ismie.com.



  • New ISMIE ‘Lessons from the Field’: Screenings

    doctor speaking to patientMany patients follow up with recommended advice and screenings like clockwork, but those who don’t may present a significant risk to your practice.

    The latest in ISMIE’s “ Lessons from the Field” series, titled “ Screenings,” focuses on the potential consequences when patients forgo recommended screenings and recommends guidelines to promote patient safety and protect against litigation risk. 

    This ISMIE risk management lesson provides a detailed how-to on documentation, offers tips to promote better patient education and adherence to clinical recommendations, and zeroes in on three specific risks you can mitigate in the screening process.



  • Did You Know: Physicians Can Designate Others to Access the Prescription Monitoring Program

    Illinois’ Prescription Monitoring Program (PMP) provides free information to doctors and their medical teams to help them learn whether a patient may already be getting prescriptions for narcotics or might have multiple prescriptions on file. 

    It’s important to know that physicians may delegate authority to individuals of their choice to access the PMP if the following conditions are met:

    • The designee must be employed by the same hospital, health care system, or practice as the prescriber.
    • The prescriber must ensure that his or her designee is sufficiently competent in using the PMP, that access is limited to authorized purposes, and that the information is kept confidential.
    • The prescriber is responsible for any breach of confidentiality.

      One last point: The ultimate decision whether or not to prescribe a controlled substance still remains with the prescriber. If you have questions about the PMP, call the program at 217-524-1311 or submit a question online.