1099 CRNA Institute: Thrive as your own boss-Malpractice Insurance

Video Transcription

Video Summary

The video on Understanding CRNA Malpractice Insurance covers key topics including occurrence vs. claims made insurance, differences between admitted and non-admitted insurance companies, and malpractice limits. It emphasizes the importance of the Consent to Settle Clause in protecting a healthcare provider's reputation and future insurability. The video explains the concept of occurrence policies providing simplicity and lasting coverage, while claims made policies require tail coverage to report incidents after policy expiration. It discusses the financial strength of insurance companies, the National Practitioner Data Bank, and average expenses associated with claims. The presentation concludes with resources available from AANA Insurance Services and highlights the MedMal 101 student presentation for AANA members and policyholders, offering further education on malpractice insurance.

Asset Subtitle

Premiums paid for professional liability insurance to protect yourself from malpractice claims.

Keywords

CRNA Malpractice Insurance

Occurrence vs. Claims Made Insurance

Admitted vs. Non-Admitted Insurance Companies

Consent to Settle Clause

Occurrence Policies

Tail Coverage

AANA Insurance Services