What would you do if you were hit with a liability suit for more than your current chiropractors practice insurance covered?
Thankfully here at InsuranceHub we have experience helping chiropractors protect themselves from malpractice claims resulting from:
- Failure to diagnose a medical condition that needs immediate care.
- Harm to the patient from the chiropractic treatment itself.
Types of risk exposure that need to be managed by chiropractors
Professional liability: As a chiropractor, you treat various medical conditions by manipulating the patient's spine. You understand that if the musculoskeletal system is not working properly or is not correctly aligned, then the health of the entire body is at risk.
While you strongly believe in the value of chiropractic adjustments, you must balance that with the importance of suggesting the patient get proper, immediate medical care for health conditions outside of your discipline.
Remember, the main reason for malpractice lawsuits comes from the failure to diagnose a medical condition that needs immediate care!
Additional professional risks:
- Ensure that all employees are well-trained, experienced, and properly licensed.
- If you have subcontractors like massage therapists, make sure they carry the proper licensing and insurance.
- Be careful to not use electrical impulse machinery on a setting that is too high for sensitive clients.
- Never ever tolerate inappropriate touching and sexual misconduct.
- Take the time to do background checks before hiring any employee.
Property exposure: Fires do happen. Make sure that your policy will cover everything you need to rebuild and get back in business again. Most property items are best covered with a physicians and surgeons inland marine floater. Talk to your agent about this kind of coverage.
Crime exposure: Take the time to do criminal background checks on all new employees. Check references and use good common sense when hiring people that will be dealing with cash, social security numbers, and insurance information.
Inland marine exposure:
This includes the following:
- Any accounts receivable for patients billing
- Any physicians and surgeons floater items (which can include all office furnishings)
- Valuable patient papers and records
Premises liability exposure: It only takes a second for someone to slip and fall on your premises.
- Repair all cracks and holes in sidewalks and the parking lot.
- Repair all cracks, tears, rips, and holes that are indoors (carpeting, tile etc)
- Is the parking lot well lit?
- Do you have a plan or service for snow and ice removal?
- Train staff to clean up all spills immediately.
Products liability exposure:
Do you provide any of the following?
- Supplements and vitamins sales.
- Nutritional programs.
Automobile exposure: Do you have employees running errands for you? Do you ever travel to patient locations?
Workers compensation exposure is caused by:
- Repetitive stress injuries.
- Adjusting overweight patients - can cause back injuries to the chiropractor.
- Radiation exposure when using x-ray equipment often.
- Working with/testing bodily fluids - wear gloves and masks to lower risks.
What kind of business insurance do I need for my chiropractic office?
Here is the minimum recommended chiropractor business insurance coverage:
- Business Personal Property
- Employee Dishonesty
- Money and Securities
- Accounts Receivable
- Physicians and Surgeons Floater
- Valuable Papers and Records
- General Liability
- Employee Benefits
- Hired and Nonownership Auto
- Workers Compensation
Additional chiropractic insurance coverages to consider:
- Computer Fraud
- Employment-related Practices
- Automobile Liability and Physical Damage
- Stop Gap Liability