Malpractice insurance for Physician Assistants- Get a Quote

Malpractice insurance is essential for physician assistants (PAs) because they play a critical role in patient care, often working autonomously or in collaboration with physicians.

Given the complex and high-stakes nature of medical practice, PAs are at risk of facing malpractice claims, such as those related to misdiagnosis, treatment errors, or failure to obtain informed consent.

Malpractice insurance provides PAs with financial protection against the significant costs associated with defending these claims, including legal fees, settlements, and judgments, ensuring that they can continue practicing without the fear of financial devastation from a lawsuit.

Malpractice Insurance for Physicians Assistants can include:

Option to include general liability insurance
Coverage limits of up to $2 million per individual claim
Complete authority to approve settlement decisions
Protection for telemedicine and telehealth services
Legal defense coverage for professional license issues
Legal defense expenses covered in addition to liability limits
Defense coverage for allegations of sexual misconduct
Protection for HIPAA-related privacy violation claims
Portable coverage available 24/7, applicable in volunteer work, telehealth roles, per diem, or moonlighting assignments

why do physician assistants need insurance?

Insurance for physician assistants (PAs) is an essential safeguard in the rapidly evolving landscape of healthcare.

Because they diagnose illnesses, develop and manage treatment plans, prescribe medications, and often serve as a patient’s principal healthcare provider, PAs have a high level of responsibility and, consequently, potential liability.

The need for physician assistant malpractice insurance is underscored by data reflecting the legal challenges they face. According to the National Practitioner Data Bank (NPDB), PAs were involved in 1,682 malpractice cases from 2005 to 2014. This data highlights a significant risk that has more-than-likely only grown as PAs have taken on more autonomous roles in patient care.

The financial impact of these claims can be substantial. Jurors are increasingly awarding excessive payouts while legal defense costs continue to rise.

A study by the American Academy of PAs (AAPA) showed that while PAs face fewer malpractice cases than physicians, the impacts of claims can be catastrophic. According to the NPDB data, the average payout for PA malpractice claims continues to increase. Payout figures are increasingly reaching significant sums.

This financial burden highlights the critical importance of sourcing the best malpractice insurance for physician assistants. Insurance coverage is not just a regulatory requirement, but a crucial investment in a your professional future. It ensures that you can continue to provide care without the looming threat of financial devastation from potential litigation.

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 work full-time or part-time and your specialty. For coverage with limits of $1 millio per incident and $3 million aggregate, annual costs 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 payaround $8,000 for the same coverage.

For a quick quote, fill out the simple form on this page. Westwood works with a number of different insurance companies to source the most suitable physician assistant liability insurance for you at the best price. Contact us today!