What Are the Key Differences Between Heffernan Insurance Brokers and Vouch Medical Malpractice Insurance?
Care Facilities vs Health Technology Companies
Both firms are brokers, so neither carries the risk itself. Heffernan's healthcare team names physician groups, clinics, hospitals, patient transport companies and laboratories, plus allied health, home care and senior living practices. Vouch says it works with more than 550 healthcare and life sciences companies across HealthTech, clinical care and digital health. Choose Heffernan if you run a hospital, clinic, lab or care facility; choose Vouch if you're a venture-style health company that sells software or virtual care alongside clinical services. [2] [6]
Self-Insurance Options
Heffernan can set you up with a captive, a partially self-insured plan or a fully self-insured plan, besides a standard insured program, which gives larger organizations a way to retain risk and control cost. Vouch's healthcare page doesn't mention captives or self-insurance, so expect a conventional insured policy. [2] [6]
Bundling With Other Lines
Heffernan packages malpractice with workers' compensation, professional liability and cyber into one client program. Vouch focuses on the blurred line between malpractice, E&O and cyber claims, the gap a tech-enabled provider is most likely to fall through. Vouch also lets you start online with its "Get Started" application; Heffernan doesn't describe an online route. [2] [6]
What Should You Confirm in Heffernan Insurance Brokers and Vouch Medical Malpractice Insurance Quotes?
- Ask Heffernan whether you're being quoted a fully insured program or a captive or self-insured structure, and what collateral that requires. [2]
- Ask Vouch which insurer writes the policy and how a claim involving both clinical care and software would be handled across malpractice, E&O and cyber. [6]
- Ask Heffernan to name the malpractice insurer; its page doesn't. [2]
- Get limits and retentions from both; neither publishes them. [2] [6]