Discounts

Experience Discount

LSA offers premium discounts to policyholders with favorable claim experience. Discounts range from 2% to 20%, depending on length of time you have been with LSA.

New-to-Practice Discount

New-to-practice discounts are available to physicians entering practice for the first time upon completion of graduate training, military service, or being in an academic position.

This discount is 40% for the first year in practice and 20% for the second year. Generally, no other discount is given other than CME and practice review in conjunction with this discount.

Part-time Discount

Discounts are based on the number of hours worked per week. Physicians working 15 hours or less may receive up to a 50% discount. Physicians working 16 to 30 hours may receive up to a 25% discount.

Leave of Absence Discounts

• 100% premium reduction for medical leave or military leave
• 75% premium reduction for an underwriting approved leave (for academic or sabbatical purposes)
• 85% premium reduction for maternity or paternity leave up to 12 weeks (longer if medically necessary).

CME Discount

• Policyholders who complete a qualifying 2-hour CME activity may be eligible for a 2.5% premium discount applied to their next eligible policy period. Two courses can be taken for the discount, for up to 5% per policy term.
• For new policyholders, a CME discount may be applied retroactively to the inception of the policy, if completed within the first 30 days of the policy effective date.
• We offer online CME, case study courses, and a 2-hour CME course in our publication, the Reporter.