Discussion

Malpractice Insurance

May 5, 200719 yr

Does every nurse get this?

Im asking bc Im very interested in becoming a nurse. I was talking to my sister about it today who said I was better off becoming a secretary LOL. My uncle is a Dr and Aunt was a nurse and they were telling my sister the amount of money nurses (and Im sure Drs too) have to spend on malpractice insurance is insane.

May 5, 200719 yr

Nursing liability insurance is not a requirement for RN licensure, but in my opinion it is wise for any practicing nurse to carry it.

Unlike medical malpractice insurance which can run into the hundreds of thousands of dollars per year for coverage in certain specialties, nursing liability insurance is relatively inexpensive, usually less than $200/year.

May 5, 200719 yr

Author

So now nurses would be paying less than $200 a year? And Drs are more, or nurses can pay a large amount? Sorry, lost LOL.

May 5, 200719 yr

Yearly premiums for nurses are typically less than $200/yr.

Yearly premiums for physicians depend on their specialty, and can range from several thousand dollars/yr. for a lower-risk specialty such as palliative care to hundreds of thousands of dollars/yr. for a high-risk specialty such as neurosurgery, obstetrics, or anesthesia.