Non-physician healthcare professionals such as nurses, physician assistants, midwives, dentists, physical therapists, occupational therapists, medical technicians, and others are covered by allied healthcare insurance. Allied healthcare professional liability insurance is frequently sold through industry associations, which provide lower premiums and better coverage by pooling insureds.
When Would You Need It?
An occupational therapist, for example, might work in the home of an older patient. The therapist steps out of the room for a few moments and returns to find the patient on the floor, his hip damaged. The patient’s family sues the therapist for negligence, saying that the harm could have been avoided if the worker had not left the room. During the lawsuit, the worker’s allied healthcare insurance would offer coverage.
How Does It Help?
For events that occur at work or in a patient’s home, most insurance limits liability to $1 million to $3 million. Damages to the patient’s property, lost wages, and medical bills are all covered under supplemental coverage. Part-time workers have their own policies.
With the introduction of new technologies that allow for the sharing of patient data, the policies have evolved. A comprehensive policy will cover risks such as healthcare data protection and non-compliance with the Health Insurance Portability and Accountability Act, in addition to professional liability exposure.
Protecting yourself and your business is important. Having allied healthcare insurance is an excellent way to get that protection.