Nursing malpractice insurance
Nursing Malpractice insurance is also called as the Nursing Liability insurance. The nurses are covered by this insurance, if they are sued for professional malpractices. So you may rightly call the Nursing liability Insurance as a protection against malpractice. Many hospitals provide such insurance but nurses can get such insurance by themselves as well.
Who Offers the Nursing Liability Insurance to the Nurses ?
When a nurse is employed in a hospital, it is the duty of the hospital management board to offer this insurance to the nurse. However, some nurses prefer to purchase the liability insurance on their own as a protection tool.
One of the reasons why nurses prefer to buy their own nursing malpractice policy is because the policy which the employers offer could be limited. That is the policies that the employer provides may not cover off-duty incidents or the private practices. The other reason could be that if the nurse shifts her job from one hospital to another, the insurance provided by the previous hospital becomes ineffective or nullified. Therefore to protect themselves against the lawsuits, most of the nursing professionals prefer to take their own liability insurance.
What does Nursing Malpractice Insurance Offer ?
Nursing malpractice or liability insurance offers personal protection to the insured. That is the insurance company insures that if anything happens in the private practice, they will be covered for the damages incurred. Most of the nursing malpractice insurance offers protection for personal injury. That is it insures that the nurse is protected against the charges related to libel and slander and also against the assault that may arise during the practice. Some insurance companies also offer reimbursement of the medical bills that can arise due to injuries while at practice or otherwise. The reimbursement can amount to approximately two thousand dollars. These are some of the clauses which make the nursing liability insurance s very attractive.
Nursing malpractice insurance is effective to the insured even after the working hours. The insurance companies also provide legal help in case a situation arises. There are insurance companies which offer coverage for the nurses who travel abroad on a professional call.
Is There a Discount Offered on Nursing Malpractice Insurance?
Some insurance companies do offer discounts on the nursing liability insurance. These discounts are mostly provided to certain groups of health professionals and also to nursing students. The nursing students are given discount of $30 a year. Liability insurance also offers discounts to fresh graduates too. The retired nurses are also offered discounts to certain level if they have a valid nursing license. The nurses who have done courses on risk management are also provided with a discount. These discounts are offered by insurance companies when they are assured that the person seeking insurance is least likely to face nursing malpractice either due to experience or professional expertise. This is thus given when the insurance company does not find it risky to give the nurse this particular discount facility.
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