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We'll provide answers to questions you may have about MICA's modified claims-made insurance coverage, and explain modified claims-made vs. occurrence policies. Definitions and attributes of MICA's policy, including tail and nose coverages, also are provided here.

Q. What is a "reporting" form of a claims-made policy?

Q. How does this differ from occurrence coverage?

Q. How are reporting form claims-made policies priced?

Q. Does that mean that a physician joining MICA in 2002 will pay less than a physician in a similar medical specialty who joined in 2001 and is therefore in his or her second claims-made policy year?

Q. If I want to leave another claims-made program to join MICA, how can I obtain coverage for claims which may be reported after I join, but which result from treatment rendered while I was insured with the other company?

Q. What is the difference between tail coverage and prior acts coverage?

Q. When must a claim be "made" if it is to be covered under a reporting form of a claims-made policy?

Q. How much does the extended reporting endorsement (tail coverage) cost?

Q. If I cancel my policy, will I be required to purchase reporting endorsement coverage?

Q. Must I pay the entire reporting endorsement premium upon policy cancellation?

Q. Are allowances made if, due to an insured's death or disability, the estate or physician has difficulty obtaining the premium for the reporting endorsement?

Q. How are rates determined?

Q. Does MICA have a consent clause?

Q. What types of services does MICA offer its policyholders?