Anybody buy their own private insurance? - page 3

I'm hearing that there are some per diem nurses who buy their own insurance and Im just wondering if anyone has experience witht that for a family. Thanks.... Read More

  1. by   floatRN
    I have malpractice insurance through NSO. Its only about $100 a year. I wouldnt want to have to look to my employer to protect me if there were to be a lawsuit.
  2. by   777RNThatsMe
    Thanks commuter! I see that L&D nurses have quite a bit more costs! I was thinking of maybe going into L&D lol... hmmm. I also see that Calif nurses have cheaper insurance than the pac nw. Hm. Anyway...it's worth it, thanks for the info.

    Anybody have any info on private health insurance?
  3. by   MIA-RN1
    Quote from ckben
    here's a question -

    my mom is an rn and works in the nursery. she once said that it was a bad idea for nurses, especially in the areas of mother-baby care, to carry their own liability insurance because often the nurses who were named in the lawsuits were the ones who had the insurance. i've heard similar things since then, and it seems that other people believe this to be true for two reasons:
    1) why does that nurse feel like he/she needs liability insurance? do they routinely put their patients at risk, thus prompting their need for extra insurance? (this is from a lawyer's point of view - i don't know any nurse who feels this way!)
    2) you sue the people who can give you the money, and those with extra liability insurance can provide just that.

    i was just wondering if anyone had heard this before and if they knew it to be true or untrue.
    I am an RN in the postpartum unit and routinely take care of babies. The thing about caring for infants is that the practitioners who see the baby can be sued anytime until the child is of age--I am pretty sure here in NY at least thats til they are 21. So if I change jobs and companies or whatever and then get sued in 20 years, I am darn sure going to carry my own insurance because who knows what the hospital would do. THey watch out for the bottom line--their own. I also have the pre-paid legal stuff thru my work, and its like $6/payperiod. Not much and worth it.
    My hospital told me not to worry, they have insurance to cover their nurses. I talked to one of my former instructors who said she has always carried private insurance as well, to be safe. I agree and I have NSO. its only $45/month for a new grad and then afterward its about $100. Many of the nurses I work with have it as well.
  4. by   MultipurposeRN
    I never bought the arguement against liability insurance that lawyers only look for those who have it to sue...I just can't see a money hungry lawyer letting that stop them. After all, a nurse has a guaranteed job for life one way or another and what's to stop them from getting half your check for the rest of your working life? I've always carried my own liability insurance. In fact, when ready to do my clinicals for my BSN, I had to have it.
  5. by   CV_RN
    I am full time, was float pool (per diem) and agency before. I opted to keep my own insurance rather than take the hospitals available for full time staff. I pay 70/month for aetna PPO. to take the hospitals PPO would be about 110/mo. The hospital pays me an extra 15 bucks per pay period to opt out of their health insurance, so I just apply that towards my health insurance and basically pay 55/mo. I also carry my own liability insurance through NSO which is about 100 bucks per year
  6. by   socishan
    Quote from 777RNThatsMe
    Socishan...what company do you use? For health insurance?
    Sorry it took a couple of days to get back to you... I was out of town. I use Illinois Blue Cross/Blue Shield.
  7. by   gonzo1
    My son who is 24 does not have health insurance. We wanted him to have some protection so we are paying for "catastrophic" insurance. I think it is through Globe insurance. It is about 1000 dollars a year. It has a 5000 dollar deductible and then covers anything over 5000. It does not cover office visits etc, but should he be in a bad accident or come down with cancer or something he would be covered after 5000 and as we all know just a short stay in the hospital can cost 50,000 or better. So this is a good move to protect him (and us) if something really bad happened to him.
  8. by   777RNThatsMe
    Thanks everyone for the input!
  9. by   Sheri257
    Quote from TheCommuter
    I have employee-sponsored health insurance.

    I have professional liability insurance through www.Proliability.com because NSO raised their rates for nurses who practice in Texas.
    This isn't the first time I've read that RN liability insurance is high in Texas. What's up with that?

    :typing
    Last edit by Sheri257 on Oct 6, '06
  10. by   kellyjean
    I have an individual health ins. policy through Humana One...you can get free quotes on www.ehealthinsurance.com

    My premium is only 100.00 a month and I have a 25.00 copay, and a 2500 deduct.

    I've been very happy with them.
  11. by   tridil2000
    i've carried liability insurance for 20 years and no one's ever sued me. i cover my butt... and i am just as cautious with my patients!
  12. by   caroladybelle
    Quote from 777RNThatsMe
    Ok - so now that I'm convinced I will get liab insur asap.... how do we know who the good companies are? Any suggestions? Private is fine too. Thanks
    Sorry to be so late getting back to you.

    I am with NSO right now but forget who I was with at the time of the "problem" (traveler and don't keep those records with me and it was long enough ago to be moot).

    As far as health insurance, I have no choice but to use my agency's. Due to medical issues (high risk), I would not qualify for most private policies, or they would have excessive premiums. Though, for the past few ears, I have seen my MD maybe once a year.
  13. by   autumnd
    Quote from CoopergrrlRN
    I am an RN in the postpartum unit and routinely take care of babies. The thing about caring for infants is that the practitioners who see the baby can be sued anytime until the child is of age--I am pretty sure here in NY at least thats til they are 21. So if I change jobs and companies or whatever and then get sued in 20 years, I am darn sure going to carry my own insurance because who knows what the hospital would do. THey watch out for the bottom line--their own. I also have the pre-paid legal stuff thru my work, and its like $6/payperiod. Not much and worth it.
    My hospital told me not to worry, they have insurance to cover their nurses. I talked to one of my former instructors who said she has always carried private insurance as well, to be safe. I agree and I have NSO. its only $45/month for a new grad and then afterward its about $100. Many of the nurses I work with have it as well.
    I'm not in the nursing program yet, but my Nursing Preparation teacher told me that in California, even as students in the RN program, we will need malpractice insurance. I think it's $20 +/- a year, but for an RN she said it's close to $90, under $100, a year. That came up in class yesterday - that when it comes time for a malpractice suit, they look for those with money to sue. They try to find who can be found even partially liable, of everyone who was involved, whether it's doctor, nurse, hospital. If it is determined that what was done does not fall within that hospital's protocol, the hospital will not cover the nurse. They only cover the nurse under certain conditions. If the hospital's procedures themselves are suspect, they can really go after the hospital. Scary.

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