Medical billing errors that lead to losses for a patient or insurer could result in a potentially devastating lawsuit. Insurance for medical billing companies can pay legal fees, medical costs, and more.
These policies provide coverage for the most common medical billing risks.
A BOP bundles property insurance and general liability insurance under one plan. It's often the most cost-effective type of commercial insurance for medical billing services.
Medical billing errors and omissions insurance, also called professional liability insurance, can cover legal expenses if your company is sued for billing errors or other unsatisfactory work.
Workers’ compensation insurance is required in almost every state for medical billing businesses that have employees. It can cover medical expenses for work-related injuries.
This medical billing insurance policy protects your business against data breaches and cyberattacks by paying for data recovery and other related costs.
Protection against billing errors is essential for your company. Your business is also susceptible to common risks, such as data breaches and customer injuries. Medical billing services insurance shields your business from lawsuits related to billing errors and other unexpected incidents.