CRNAs take on big risks every time they anesthetize a patient, and your employer may provide limited coverage—or no coverage at all. Business insurance covers malpractice claims and other costly incidents, so you can focus on providing excellent patient care without worry.
These insurance products cover common risks faced by nurse anesthetists.
Medical malpractice insurance covers legal costs when a CRNA is sued for professional negligence, such as a dosage error that harms a patient. It’s also called professional liability coverage.
Most states require workers' comp for businesses that have employees. It also protects CRNAs who work independently from work-related medical bills that health insurance might deny.
A general liability policy covers the cost of common third-party accidents, such as a patient who slips and suffers an injury at your practice. It's often required for a commercial lease.
A business owner's policy, or BOP, is a cost-effective way for nurse anesthetists to buy commercial property insurance and general liability insurance together.
This policy helps nurse anesthetists pay costs associated with data breaches and cyberattacks. It can often be added to a business owner's policy or general liability policy for savings.
Most states require commercial auto insurance for vehicles owned by a CRNA's business. It helps cover the cost of accidents involving your business vehicle.
It's easy to get business insurance for CRNAs if you have your company information on hand. Our application will ask for basic facts about your practice, such as revenue and number of employees. You can buy a policy online and get a certificate of insurance with Insureon in three easy steps:
Insureon's licensed insurance agents work with top-rated U.S. providers to find the right insurance plan for nurses, caregivers, and other healthcare providers, whether you work independently or hire employees.
There are several reasons why CRNAs should carry malpractice insurance:
Fortunately, it's possible to find affordable CRNA malpractice insurance. Insureon's easy online application lets you compare quotes to find the best possible rate. You can customize your coverage options to match your specific needs and your budget.
It's important to maintain continuous coverage with this type of insurance, as a lapse could leave you vulnerable to legal defense costs. You may want to set a retroactive date for coverage, which provides protection for work done in the past up to a specific date.
In general, lapses in insurance coverage can lead to an increase in your premium, as insurers may charge more for stopping and restarting coverage.