Do CRNAs Have to Pay Malpractice Insurance?
As a Nurse anesthetist, commonly referred to as a “CRNA” it’s crucial to have the appropriate insurance in place.
A common question many people have is: do CRNAs pay malpractice insurance? The answer isn’t quite so straightforward. It depends who you work for – if you work privately, for a hospital, or with another establishment.
For instance, if you work for a hospital, your employer might pay your CRNA malpractice insurance for you. But if you work by yourself, perhaps enrolled with the hospital in some capacity, you may need your own insurance.
Also, in some cases, your employer may provide partial malpractice coverage, but you may still be liable for some damages in the event of a malpractice lawsuit.
Malpractice insurance can often be difficult to understand. So, this blog post aims to explain CRNA malpractice insurance in more detail, helping you to take care of your insurance needs. Because let’s face it – the more you understand, the better.
Do CRNAs pay malpractice insurance?
If you are a CRNA and you don’t know whether you have malpractice insurance, the first thing you need to do is check with your employer.
Often, employed CRNAs will have some kind of insurance in place. However, the coverage of these malpractice policies varies drastically. For example, you may have partial coverage, placing you in a vulnerable spot in the event of an incident.
If you’re not covered, or if you have very limited coverage, then we’d recommend investing in your own CRNA malpractice insurance – but more on this shortly.
We’d recommend studying basic professional liability
We’re not saying you need to study as you would for your medical exams, but you should do your research into professional liability and malpractice.
Knowing how it works, who it’s for, and understanding the lingo helps you better understand your insurance needs.
It also makes it easier speaking to an insurance professional – you know what you’re talking about, can ask the right questions, and know exactly what you’re getting if you choose to purchase your own insurance policy. Which, by the way, we think is a great idea.
Purchase your own insurance policy
Some nurses may prefer to purchase their own malpractice insurance, even if they have a policy under their employer.
In fact, this is something we’d recommend as well.
Purchasing your own malpractice insurance provides you with greater coverage – you also know exactly what you’re getting within the insurance package.
Furthermore, if you decide to move to a practice or hospital, your insurance comes with you (there won’t be a time when you won’t be covered).
And in the event of an incident, you know exactly what coverage you have, what it covers, and how it helps you.
There’s a reassurance that comes with owning your own malpractice insurance – we’d recommend it for all CRNAs, whether you currently have some type of coverage from your employer or not.
Don’t know where to begin? Contact the team at Pro Plans today
If you’re still confused about CRNA insurance after asking your employer, we’d recommend getting in touch.
We can talk you through the malpractice insurance process, answering all of your questions, including whether you need it, what policy is right for you, how much coverage you need, and more.
We’re here to fulfill your insurance needs – protecting you so that you can continue doing the job you love.
Find out more and receive a free quote.
FAQs
Do CRNAs need malpractice insurance?
Even if it’s not supplied by your employer, you should definitely invest in CRNA malpractice insurance for work. It protects you in the event of a malpractice incident.
How to know if I have insurance?
If you don’t know whether you have CRNA malpractice insurance at work, we’d recommend asking your employer. A simple chat should clear things up but you may need to request further documents for confirmation, especially if applying for new insurance.
What is malpractice insurance?
Malpractice insurance provides financial protection for healthcare workers in the event of an accident that causes harm to a patient. We recommend all healthcare workers purchase this type of insurance.