Importantly, medical providers in an insurance sense refers to a wide range of professionals who provide medically related services. A few examples of groups and individuals who might need this type of policy include:
- Hospitals, medical clinics and doctor’s offices
- Health care groups and HMOs
- Surgeons, specialists and primary care physicians
- Independent naturopathic doctors
- Dentists and orthodontists
- Medical spas and skincare clinics
- Weight loss clinics
Moreover, doctors generally need to have coverage regardless of whether they’ve attained a medical doctor or doctor of osteopathic medicine degree.
Do Providers Receive Medical Malpractice Coverage from Their Employers?
Many employers in the medical field carry medical malpractice coverage that extends at least some protections to the providers who work for them. The amount of coverage that individual providers receive isn’t sufficient in all situations, though.
First, the coverage that an employer offers sometimes simply isn’t enough. Limits may be lower than individual providers would like, which is an especially significant risk when mistakes can result in serious medical consequences or even death. Additionally, there might be gaps in the offered coverage that leave individual providers exposed to certain risks that they’d like protection against.
Second, employer-provided coverage normally only extends to the work that an individual provider does for their employer. It often doesn’t protect against side work or general aid that the provider might render when not work. Even if good samaritan laws ultimately shield a provider from liability in a situation where aid is given in public, the laws don’t necessarily prevent someone from filing a lawsuit that can be expensive to defend against.
For these reasons, many medical providers may want to procure their own medical malpractice coverage. An insurance agent who specializes in these types of policies can help providers assess their employer’s coverage and determine their individual protection needs.