insurance for physician assistants

why do physician assistants need insurance?

Insurance for physicians assistants

Please fill out the form below for a quote on liability insurance for your physician assistant practice:

Quick Quote – Insurance for Physician Assistants


Insurance for physician assistants (PAs) has become an essential safeguard in the rapidly evolving landscape of healthcare. As medical professionals who diagnose illnesses, develop and manage treatment plans, prescribe medications, and often serve as a patient’s principal healthcare provider, PAs are exposed to a high level of responsibility and, consequently, potential liability. The need for robust insurance coverage is underscored by data reflecting the legal challenges faced by these professionals. According to the National Practitioner Data Bank (NPDB), which collects information on medical malpractice payments and certain adverse actions related to healthcare practitioners, PAs were involved in 1,682 malpractice reports from 2005 to 2014. This data, although not current to the last year, highlights a significant risk that has likely only grown as PAs have taken on more autonomous roles in patient care.

The financial implications of these claims can be substantial, not only in terms of potential compensation but also in legal defense costs. A study by the American Academy of PAs (AAPA) noted that while malpractice cases against PAs are less frequent compared to physicians, the costs associated with claims can be burdensome. The average payout for PA malpractice claims, according to the same NPDB data, has been on the rise, with figures reaching significant sums. This financial burden underscores the critical importance of tailored insurance policies that protect against the unique risks faced by physician assistants. Comprehensive insurance coverage is not merely a regulatory requirement but a crucial investment in a PA’s professional future, ensuring they can continue to provide care without the looming threat of financial devastation from potential litigation.

Liability insurance is essential for physician assistants (PAs)how much does liability insurance for physician assistants cost?

The cost of  liability insurance for PAs varies widely depending on the State you practice in, whether you are working full-time or part-time and your specialty. Annual costs for coverage for $1 million per incident and $3 million aggregate, can start at $1,000 for a part-time physicians assistant working in family practice. A full time PA working in a surgical position, meanwhile can pay around $8,000 for the same coverage.

To get a quick quote, fill out the simple form on this page and we’ll source the most suitable coverage for you at the best price from a number of different carriers.

what types of insurance do physician assistants need?

General Liability Insurance

General Liability Insurance

This is necessary for physician assistants with their own facilities. It  covers medical expenses and attorney fees resulting from bodily injuries and property damage your facility or organization could be legally responsible for.

Business owner's policy (BOP insurance)

Business owner's policy (BOP insurance)

A Business Owner’s Policy (BOP) is a comprehensive insurance package designed for Medical Professionals with small to medium-sized businesses, providing a blend of liability protection and property insurance.

Professional Liability Insurance

Professional Liability Insurance

Professional Liability Insurance overs any negligence or mistakes made by the individual medical professional during their practice. It differs from General Liability insurance, which covers the practice itself. 

Commercial Auto Insurance

Commercial Auto Insurance

This is relevant for physician assistants who use a vehicle for your practice-related tasks. This insurance covers you against auto accidents, theft, and other vehicle-related incidents.

Workers Compensation Insurance

Workers Compensation Insurance

Workers Compensation Insurance is usually mandated by law, to protect physician assistant practices and their employees in case of work-related injuries or illnesses.

Cyber Liability Insurance

Cyber Liability Insurance

Covers you against financial losses associated with data breaches, cyber attacks, and other cyber incidents. Insurers will usually conduct rigorous testing of your online system to fix vulnerabilities as part of this policy.

Contact Chris Worley now

Chris Worley

Chris specializes in insurance for physician assistants. You can call him or one of the team on the number below or fill out the form and he will get your message directly:

we've got you covered

General Liability Insurance

Protecting healthcare organizations against increasingly crippling litigation.

Professional Liability Insurance

Protecting medical professionals against increasingly crippling litigation.

Medical Malpractice Insurance

Protecting medical professionals against increasingly crippling litigation.

Cyber Liability Insurance

Protecting healthcare organizations & professionals against cyber attacks.

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insurance for hospitals

Hospital Insurance typically covers all or part of the potential liability for hospital services. It includes medical malpractice, accidents involving hospital employees and equipment, care during surgery or any other invasive treatment, after-hours care arrangements by staff who need help with their children and more.

insurance for long term care facilities

Long term care facilities must protect themselves against potential liability arising from incidents within their facility. Westwood can help you negotiate a package tailored to your long term care facility client.

traditional insurance products

Westwood have fostered exceptional relationships with underwriters and we go to great lengths to keep abreast of their latest products, changes in requirements and restrictions, including having weekly calls with the carriers, which you can see here, by joining our insurance insider group.

    Insurance products at Westwood Insurance Group

    You can find more information on the Insurance Products main page.

    If you have any questions on the different policies, check out our Insurance FAQ’s

    alternative structures

    Westwood President, Michael Richards has extensive experience in setting up alternative structures for larger clients. Here are some examples:

     

    If you think your client could be large and stable enough to benefit from starting or participating in a captive or has a special need for another alternative structure, contact Michael Richards now by phone: 855 351 7487.