1. Provides Comprehensive Coverage
Even when they are working diligently, healthcare professionals occasionally make mistakes that harm their patients. Patients who suffer harm might sue a responsible doctor or other healthcare provider to recover financially for the following injuries:
- Bodily Injury
- Mental Anguish
- Lost Employment
- Loss of Consortium
While exact coverage parameters vary based on policy, HPSO malpractice insurance typically covers these broad forms of patient injury. Generally, coverage extends to errors, omissions, and other negligent actions.
2. Fills in Employer Insurance Gaps
Medical centers typically carry professional liability coverage for their employees. That coverage, though, might be insufficient to adequately protect a healthcare provider. Instead, individuals often purchase insurance to fill in coverage gaps in their employers’ policies.
3. Offers Peace of Mind
Medical professionals can spend a fortune defending even frivolous medical malpractice claims. Those who purchase HPSO malpractice insurance, however, often have a way to pay for legal costs without tapping into their personal savings. The peace of mind that comes with this coverage is often invaluable.
Healthcare, providers have many stressors in their professional lives. Worrying about a medical malpractice lawsuit should not be one of them. By purchasing adequate coverage from an experienced provider, doctors, nurses, and other licensed professionals can typically get the coverage they need at an affordable price.