subject: Information On Allied Healthcare [print this page] The healthcare profession is very rewardingThe healthcare profession is very rewarding. From nurses to doctors and other professionals in between, the end results are patients who have improved health due to their efforts. However, these professionals need protection in the event a medical procedure has unforeseen consequences. Insurance agents in Texas can write comprehensive allied healthcare insurance that includes many types of liability insurance coverage to protect healthcare professionals.
Allied healthcare insurance is a comprehensive liability insurance policy that insurance agents in Texas recommend for anyone employed in the healthcare industry. Typically, allied healthcare insurance includes general liability insurance, professional liability insurance, E&O insurance, data breach liability insurance, and employment practices liability insurance. Each of these types of coverage adds layers of protection from many situations that could potentially happen to anyone in the healthcare industry.
General liability insurance protects healthcare professionals from many different potential general liability claims. Healthcare professionals have a unique set of liability claim sources that many others do not face on a daily bases, so general liability insurance coverage is a robust layer of protection with many healthcare specific coverages. The limits of general liability insurance are specified in the allied healthcare insurance policy, and higher limits generally require higher insurance premiums paid by the policy holder. Commercial liability insurance is an added liability insurance coverage that protects the business from claims against it. This is valuable for professionals who operate from a private practice, since covered claims against the private practice will not ruin the business or the healthcare professionals who work there.
Professional liability insurance protects healthcare professionals from claims of damages due to advice they administered as a professional. Since many medical professionals do administer health advice and recommendations, professional liability insurance coverage is an important part of allied healthcare insurance. Insurance agents in Texas use professional liability insurance coverage to protect from negligence claims by clients or patients as well as financial protection from damages awarded in civil lawsuits. Professional liability insurance protects from damage claims not covered by the general liability insurance coverage.
Data breach coverage gives healthcare professionals protection from claims of privacy breaches. There are many laws concerning medical records and other medical data for patients, and if these records are released, the healthcare professionals could be footing the bill for damages. Insurance agencies in Texas can write data breach coverage as part of allied healthcare insurance to help protect a business from costs associated with data breaches as well as HIPAA and HITECH compliance.
The healthcare industry is one that does a lot of good for the world. Healed patients and happy clients are the reason many healthcare professionals are employed in their line of work. For moments when situations go bad, allied healthcare insurance for healthcare professionals can be the layer of protection from insurance claims that could save the healthcare professional or their business from disaster.
