Do Advanced Practice Providers Need a Malpractice Insurance?

Do Advanced Practice Providers Need a Malpractice Insurance?

As Advanced Practice Providers, you must be aware of the risks associated with the care you provide. It is a fact that some patients may not be entirely satisfied with the quality of care they receive. Having a malpractice insurance policy to protect yourself and your patients is necessary. 

Malpractice insurance protects providers from the costs related to liability and legal defense. Providers must be covered and protected.

Types of Malpractice Insurance 

Claims-made policies: This type of policy covers incidents that patients report while you have the particular policy.

Occurence-based policies: This type of policy covers when an active claim is reported and filed regardless of when the incident happened.

Tail coverage policies: This type of policy covers at least the statute of limitations in your state and many years you buy the tail coverage for.

With the increasing complexity of healthcare, even the most competent practitioners can find themselves embroiled in a malpractice suit. 

Our Transition To Clinical Practice Course provides extensive information on billing and coding practices and will equip new providers with tools to excel in clinical practice.

Attending our NP Skills Workshop can help you improve your clinical skills while gaining a deeper understanding of billing, coding, and malpractice principles to ensure you are providing the best possible care. Don’t put yourself or your patients at risk – make malpractice insurance a priority and register for our workshop today.

Attend our NP Skills Workshop to improve your clinical skills and knowledge.

The NP Skills Workshop is a must-attend event for nurse practitioners who want to enhance their skills and stay ahead in their field to discuss clinical skills, billing, coding & malpractice principles.

Reference

Klein, C. (2021). A Guide to Malpractice Insurance for NPs

http://A Guide to Malpractice Insurance for NPs

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