Nurse malpractice insurance provides financial protection against lawsuits for nurses. It is recommended for all nurses, including students, and can be purchased from private brokers or nursing organizations. The recommended coverage is $1 million USD. Even nurse practitioners supervised by physicians should carry some level of insurance. Nursing schools often require students to purchase liability insurance.
Nurse malpractice insurance offers financial protection against lawsuits naming a nurse as a defendant. While most are familiar with doctors who carry malpractice insurance, this is just as important for nurses who are also responsible for patient care. In most parts of the world, nurse malpractice insurance is offered to licensed nurses and in many places it is also offered to students enrolled in nursing degree programs. In fact, some nursing programs require students to have nursing malpractice insurance before being accepted into training.
Without malpractice insurance for nurses, individual nurses may be responsible for paying attorney and court settlement costs, if ever applicable. Even in the case of a fraudulent or unfounded lawsuit, a nurse is required to file a legal response to a lawsuit’s claims, resulting in attorney fees and filing costs, or the case against them is ultimately dismissed. . When a nurse is personally named in a malpractice claim, associated attorney fees, filing fees, and other court costs can be personally burdensome, which is why industry experts recommend malpractice insurance for nurses. .
Also known as professional liability insurance, malpractice insurance for nurses can be purchased from a private insurance broker or a professional nursing membership organization. The amount of nursing malpractice insurance needed is often a personal choice and is decided between the nurse and an insurance broker. However, experts generally recommend a minimum coverage of $1 million US dollars (USD).
Some have argued that nurse practitioners, such as registered certified nurse anesthetists, who are usually supervised by a licensed physician, may not require as much malpractice insurance for nurses, since the responsibility for malpractice claims rests primarily with the physician. supervisor. Regardless of whether or not this argument is accurate, most experts agree that such nurses should still carry some level of nursing malpractice insurance anyway. Insurance rates for skilled nurses like these can sometimes be less than others because the level of responsibility is also considered less.
Licensed professionals aren’t the only ones encouraged to carry malpractice insurance for nurses. Nursing students can also purchase liability insurance, and many nursing schools require students to do so. This is due in large part to the fact that clinically trained nurses experience real-world contact with patients and therefore may bear some responsibility if patient care doesn’t work out.
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