Transcript Slide 1

2007 International
Conference
Beat the Clock!
New Hopes and Risks in
Anti-Aging Medicine
Washington, D.C. ~ November 7-9, 2007
Beat The Clock!
Panel Members

MODERATOR: Ron Rumin, Vice President
Worldwide Facilities

Cynthia Hine, Vice President
Hylant Group

Nancy Huddlestun, AVP & Senior Underwriter
General Star

Kathleen Johnson, Senior Claims Attorney
Shand Morahan & Company

Edward Kuhn, Owner & Agent
Liability Insurance Solutions

Dr. Charles Turner, Owner & Practitioner
Innovative Medicine
Good Morning
The goal for this morning is to better
understand the fastest growing
segment in the healthcare arena…
Medi-Spas
Origin of Medi-Spas
5 years ago Medi-Spas were
unheard of…
Today, it is the new Starbucks…
there is one on every corner
BOTOX Babe
Types of Medi-Spas
There are 3 basic categories of
Medi-Spas:
1. Aesthetics / Cosmetic Spas
Botox Injections
Dermal Fillers / Creams
Lasers
Chemical Peels and Microdermabrasion
Cellulite Treatments
Contour threadlifts
Types of Medi-Spas
(cont’d)
2. Wellness/Preventative Medicine Spas
Healthy Aging
Stress Management
Smoking Cessation
Weight Management
Disease Screening
Exercise
Immunizations
Types of Medi-Spas
(cont’d)
3. Anti-Aging/Alternative Medicine
Nutritional Supplements
Ayurvedic Therapies
Biomagnetic Therapy
Acupuncture
Underwriting the Risk
How is this new type of “Facility”
changing the way Underwriters
underwrite?

Key underwriting considerations
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Medical Director
Documents
Procedures
Who are the practitioners?
Underwriting the Risk
(cont’d)

Claims View When Underwriting
• Documentation
• What types of procedures?
• Who performs them?
• How are they credentialed?
Prospective Insureds &
the PL Marketplace
• Who are the prospective Insureds?
• Overview of the Professional Liability
marketplace for these accounts
What is a viable
Medi-Spa Account?
• What are the markets willing to write?

Medical Director Only
• Physician vs. Non-Physician Owned


True Medi-Spa
Integrative Practice
• Physicians in Transition
Claims Perspectives
• What types of claims are MediSpas generating?
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
Burns
Hyperpigmentation
To the extreme: Death Cases
Just a Fad,
or
Here to Stay??
What’s the future? Crystal ball time

Market saturation

Financial issues
Open Forum
What do YOU think?
Thank you for Coming
Special “Thank You” to the
Panel Members
Who participated today