Should I Carry Malpractice (Liability) Insurance? - page 16

This question comes up frequently and is asked of me quite often, "should I carry malpractice insurance?" Many nurses are covered under their own individual liability insurance carrier. Many more are... Read More

  1. Visit  kanling profile page
    1
    Proliability policy documents Proliability
    JoJo222 likes this.
  2. Visit  sjoysRN profile page
    0
    So I am now insured (as of 5 min. ago). But upon my search for which company is best to use, I found a comment (on a completely different site) that suggested that getting malpractice insurance makes you more likely to be sued. I guess I am just ignorant on how that could be possible. My insurance policy isn't public knowledge, how on earth would any one find out and use that fact just to sue me? Is this just a baseless rumor or assumption that other nurses have?
  3. Visit  ADeks profile page
    0
    Well, from my understanding if someone is suing the hospital. The attorney casts a very wide umbrella to try and find anyone at fault... So you could be apart of this lawsuit with or without insurance. Obviously, if you do have your own insurance and at fault they will get more of a payout from your personal insurance and the hospital.
    Keep in mind though, whatever company you work for, their lawyers work for the company to protect them not really you. I have heard of stories where the company covered the nurse during the lawsuit but then fired that same nurse afterwards.
    I would rather take the chance of getting pulled into a lawsuit knowing I have my own lawyer than just relying on the facility.
    Also, if you no longer work at that facility, they have no obligation to support you during a later lawsuit. Words for thought.
  4. Visit  genbautista profile page
    0
    Hi. I'm new to this. But I was wondering, I'm interested in purchasing a malpractice insurance, but not sure where. What is the best one to get?
  5. Visit  JustBeachyNurse profile page
    2
    Two major carriers are NSO and Marsh/ProLiability. Both offer online quotes and they are offer similar coverage at reasonable costs
    lindarn and sirI like this.
  6. Visit  elkpark profile page
    3
    A number of people here have also posted that they have coverage as a rider on their homeowner's insurance. I don't know the details of how that would work; I have always been more comfortable dealing with a company that specializes in liability insurance for nurses.
    lindarn, Elvish, and sirI like this.
  7. Visit  employeeadvocate profile page
    0
    It seems like such a small price to pay for such a large amount of protection. There would be no reason not to have it. Do you find that most nurses also have income replacement insurance provided through their employer or privately? That way they still have income in the event of being temporarily removed from their position?
  8. Visit  Libby1987 profile page
    2
    I just searched and found this thread.

    I'vc been having this conversation for the last 24 hrs.

    I don't have a high probability of huge med type errors in the home setting. What am I going to do, put a wound vac on backwards? But with the higher acuity patients being sent home, some that are on the fence for being appropriate for at home care, it's the documentation and/or action or lack of action when they start to deteriorate.

    It's tricky these days in HH with fewer dr's taking call on night/weekends with the trend for 3-4 office days/week and the pressure to avoid unnecessary ER visits. Re-admission rates have never been higher it seems and no it's not because of some harm I caused. But what might seem like perfect logic based on experience can look like poor judgement in hindsight after the patient is sitting in ICU and you're not the one who called for ambulance transport.

    On top of that just transitioning onto EMR and not being 100% confident with the charting.

    I'm signing up for the insurance.
    RkfdNurse1 and sirI like this.
  9. Visit  Rose_Queen profile page
    4
    In the hopes of bumping this thread up since so many people ask about malpractice insurance, I have my own policy and am of the opinion that every nurse should have his/her own policy so that they have someone looking out for their best interests, not the best interests of the facility/group paying the premium. At around $100/year, it's worth the peace of mind and added benefits of representation in front of the BON and coverage for such things as HIPAA violations (not that I intend to be involved in either situation).
    AZBlueBell, tokmom, sirI, and 1 other like this.
  10. Visit  smartnurse1982 profile page
    0
    Does anyone think it would be silly to purchase 2 malpractice insurance policies?

    I have had NSO ever since i became a nurse,which was 11 years ago.
  11. Visit  JustBeachyNurse profile page
    0
    Quote from smartnurse1982
    Does anyone think it would be silly to purchase 2 malpractice insurance policies?

    I have had NSO ever since i became a nurse,which was 11 years ago.
    Why would you want two policies? Who would issue duplicate coverage?
  12. Visit  EternalFeather profile page
    0
    I have a question: would the insurance protect a nurse from accusations to the board from other nurses?
    I'm a new nurse and I've been told that I need to watch out cause there are other nurses that for reason are jealous and they are going to find even the littlest mistake and make it into a big issue, then try to bring a complaint to the state board of nursing so you will lose your license.
  13. Visit  JustBeachyNurse profile page
    0
    Quote from EternalFeather
    I have a question: would the insurance protect a nurse from accusations to the board from other nurses?
    I'm a new nurse and I've been told that I need to watch out cause there are other nurses that for reason are jealous and they are going to find even the littlest mistake and make it into a big issue, then try to bring a complaint to the state board of nursing so you will lose your license.
    Yes any accusation whether by a BoN, patient, colleague, facility, family

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