There is a Radiology Hot Topics poll on the subject of tail coverage from May/June of this year (see attached). For partners, about one-quarter don't pay at all; more than one-half pay on retirement, alone or in combination with other circumstances; and about one-third pay on termination without cause, disability, and after a number of years of service. The report includes an extensive written analysis. Please note there's an error on the incremental vesting schedule note - the 13 percent in the chart is the right number. I will correct that and have the report re-posted.
I hope this helps. Please let me know if you have any questions.
Cynthia
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Cynthia Vervena
Assoc Dir Data & Survey Research
RBMA
Fairfax VA
(703) 621-3357
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Original Message:
Sent: 11-08-2018 14:10
From: Holly Wallner
Subject: Prior Acts coverage/Tail coverage
To All:
What are groups doing these days when hiring a new rad? Are you paying for their prior acts coverage? Do you also pay for Tail coverage if they leave?
TIA
Holly
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Holly Wallner RCC
Business Manager
TRG, LLC
Portland OR
(503) 797-6356
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