Help safeguard all your hard work as well as your future Insure your most valuable asset… You.
Do Nurses get sued? The reality is that if a patient perceives she has been injured and she perceives that this injury is the result of a healthcare professional providing, or failing to provide, professional services, that patient could sue.
But, I will be covered by my employer. Nurses need to understand the coverage provided by the facility’s policy will focus on their employer’s interest first. Further, nurses who choose to rely on their employers’ coverage need to consider a number of questions: • What happens if you leave your employer to work somewhere else? • What happens if you are then named in a lawsuit after you left the employer? • Will your former employer’s policy still cover you?
I Can’t afford Malpractice Insurance. Many don’t realize that a professional liability insurance policy for an employed nurse working full time only costs, an average of $1061 a year for up to $1 million in coverage per covered claim. The average rates for the NSO Nurses’ Professional Liability Insurance Program are as follows:
Student nurse policy …….. $35 per year2
New graduate policy …..… $53 per year2
Standard policy ………..……$106 per year1
NSO provides a wide range of coverage features. Coverage
Limits
Professional Liability
$1 million each claim; $6 million aggregate
HIPAA\Fines & Penalties
$25,000 per incident; $25,000 aggregate
Sexual Misconduct
$25,000 aggregate sublimit of the Professional Liability limit of liability
Defendant Expense Benefit
$1,000 per day; $25,000 aggregate
Deposition Representation
$10,000 per deposition; $10,000 aggregate
Damage to Property of Others
$10,000 per incident; $10,000 aggregate
Assault – includes Workplace Violence Counseling
$25,000 per incident; $25,000 aggregate (*Not available in Texas)
First Aid
$10,000 per incident; $10,000 aggregate
License Protection3
$25,000 per proceeding; $25,000 aggregate
Personal Liability
$1 million aggregate
3
Medical Payments
3
$25,000 per person; $100,000 aggregate