Thank you for choosing to be a part of MDA National
There’s never been a more important time to have a caring, financially stable, trustworthy MDO by your side.
We’re committed to providing our Members with personalised advice and support in the moments that matter, so you can keep on practising with confidence and providing outstanding patient care.
To find out more about how we can support you, please visit Why MDA National.
FAQs
Refer back to this page to keep across all the latest updates and information. Get in touch with our Medico-legal Advisory Service if you have any concerns or need to report a matter.
How are premiums calculated?
Ensuring the premium pool is full to cover all future claims is important to providing peace of mind to all Members. This includes:
- Adequate reserves or surplus of funds above what is required to cover all unforeseen circumstances.
- Collecting the right level of premium from all Members.
Determining what premium is required from Members collectively each year is based on what is required to:
- Cover the cost of claims (including projected claims costs).
- Cover the operational costs of running the insurance business.
- Adjustment for any income/loss that arises from investing the pool fund.
The premium individual Members contribute is not the same. There are several factors that broadly determine what is a fair contribution a Member should pay, based on the likelihood and potential cost of a future claim they may require from the premium pool.
Is my premium impacted when I call the medico-legal advice line?
No. The number of times that you call the MDA National medico-legal advice line does not contribute in any way to your premium.
We encourage you to seek the support of our medico-legal advisers, who can provide you with expert advice and support when you need it most.
Our national team of industry-leading doctors, lawyers and medical defence experts are just a click or phone call away, and available 24/7 (in emergencies).
Notification of an adverse incident does not have an impact on your premium (your premium is based on the number of claims and/or investigations you have had in the past 10 years - see our FAQs about claims and investigations).
Is there anything that I can do to reduce my premium?
If your premium exceeds 7.5% of your private gross annual billings, you may be eligible for the Australian Government's Premium Support Scheme (PSS) which has been established to assist eligible medical practitioners to meet the costs of their medical indemnity insurance.
Additionally, we offer a range of payment options including quarterly and monthly instalments. All payment options will be outlined in your Renewal Notice.
If you wish to know if you are eligible, or have any other questions regarding the PSS, please contact our Member Services team on 1800 011 255 or at peaceofmind@mdanational.com.au
We will also consider requests for broader financial assistance in meeting premium payments on a case-by-case basis.
How do medical indemnity claims impact insurance premiums?
Escalating costs and frequency of medical indemnity claims have caused indemnity premiums to increase in Australia and globally. Read more on why medical indemnity claims are on the rise.
Why medical indemnity claims are on the rise and what are the impacts on insurance premiums?
Find out more here.
How do I download the MDA App?
- The MDA App is free to download.
- iOS Users – go to App Store - type in MDA National
- Android Users – go to Google Play store - type in MDA National
