In a letter mailed to doctors of chiropractic late last year, the OUM insurance company, of Bellevue, Washington, expressed their concerns over the actions of Chiropractic Benefit Services (CBS) in allowing their policyholders to continue to be covered by Reliance National Indemnity:
"CBS is allowing all of its policyholders to remain insured through its previous carrier, Reliance National Indemnity - even though Reliance has immediately discontinued writing malpractice insurance for chiropractors. (In fact, Reliance is expected to declare bankruptcy over the next few months, according to Reuter's News Service.) (Emphasis theirs.)
"CBS is permitting thousands of its policyholders to remain insured through Reliance until their policies come up for renewal throughout 2001. If you are insured with CBS, this is what you can expect: Rather than inform you that you can cancel your CBS/Reliance policy now - and receive a refund for the unused premium due you - CBS has chosen to remain silent and allow all its members to continue to be insured with Reliance until their coverages expire next year. Reliance/CBS will no doubt send you a Non-Renewal Notice, informing you that your policy will be cancelled in 45-60 days prior to your policy expiration date. CBS will then send you a renewal notice and switch you to its new carrier that has limited experience writing chiropractic malpractice insurance. CBS/Reliance policyholders aren't made aware of this so you can switch coverage now to a stable and secure company." (Emphasis theirs.)
"This marks the third time in recent years CBS has been forced to find a new carrier to serve its clients."
When sports chiropractors first appeared at the Olympic Games in the 1980s, it was alongside individual athletes who had experienced the benefits of chiropractic care in their training and recovery processes at home. Fast forward to Paris 2024, where chiropractic care was available in the polyclinic for all athletes, and the attitude has now evolved to recognize that “every athlete deserves access to sports chiropractic."
It is estimated that 61% of patients with CTS avoid taking surgical options due to postoperative complications and costly surgical procedures. Chiropractic care offers a comprehensive and effective treatment for carpal tunnel syndrome, addressing the condition from multiple angles. Recent studies also have unveiled a game-changing adjunct to chiropractic treatments for CTS: nerve flossing.
Some doctors thrive in a personality-based clinic and have a loyal following no matter what services or equipment they offer, but for most chiropractic offices who are trying to grow and expand, new equipment purchases help us stay relevant and continue to service our client base in the best, most up-to-date manner possible. So, regarding equipment purchasing: should you lease, get a bank loan, or pay cash?
