Malpractice Insurance

Published

Specializes in Psychiatry, ICU, ER.

Hey y'all, I'm going into my 2nd year as an ICU nurse... I'm currently insured by NSO, and I paid like $200 or $250 last year for the insurance. I just now got a statement from them saying that another year of coverage would be $250. The coverage is for 100k per claim, to an aggregate of 300k.

I called my mom, who is also an RN... she was shocked and said she pays like 80 bucks a year for 1 million/6 million aggregate. I've also been looking around here and people have been saying the same.

Anybody else experiencing similar? I don't know what's going on! :eek:

j

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I am an LVN insured with NSO and I have one mill/six mill. You need to give them a call.

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I have the highest coverage you can get through them, and I don't pay nearly that amount. Call them up, something isn't right with your billing.

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I'm a RN and have NSO with the $6million Aggregate9/$1million each claim and I'm about to pay $107.25

last yr as a first yr nurse, think I paid $75

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Specializes in Clinical Research, Outpt Women's Health.

Do you live in Texas?

When I moved here from the West Coast NSO wanted over twice the rate.

I dropped them because I was in a low risk job.

I did find another insurer with a good reputation with much better rates though.

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It may be a matter of where you live and practice. Rates and coverage offered vary among states. Definitely contact them directly and ask about it.

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It never occurred to me that geographic location would influence the rates. Of course it would. I sometimes just live in my own little world. How nice that the internet opens my eyes for me every once in a while.

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It never occurred to me that geographic location would influence the rates. Of course it would.

Yup, same as automobile, homeowner's, pretty much every other kind of insurance ... :)

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Specializes in Trauma ICU, Peds ICU.

If you're an AACN member they offer a great plan through Marsh.

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Im with NSO also. My rate isnt that high. Perhaps the rate is different based on specialty also.???

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Huh. They didn't ask my specialty IIRC.

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Specializes in CCU MICU Rapid Response.

I also have NSO.. I will have to pull the policy and let you know. ~Ivanna

98.00 for 1mil each claim/ 6mil aggregate

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