Physician Assistant Malpractice Insurance - Terms to Know

Physician assistant malpractice insurance policy details can be confusing, overwhelming, or may even seem unnecessary.

Below is a list of liability insurance coverage terms that you should familiarize yourself with as you research PA malpractice insurance options.

Glossary of Common Terms You'll Find in Physician Assistant Liability Insurance Policies

Assault Upon You – covers expenses which physician assistant can incur from a bodily injury or damage to their personal property resulting from an assault while traveling to and from their place of employment

Assets – a resource with economic value, whether that be completely monetary, or a material resource

Biomedical Defense – coverage that protects against claims alleging bodily injury or damage arising from biomedical waste

Damages Incurred – charges or punishment that a physician assistant is obligated to pay as a result of a malpractice dispute before malpractice insurance benefits are paid out

Deductibles – the amount of money a physician assistant must pay before the insurance company will finance a claim

Deposition Fee Coverage – financial assistance for fees that result from a deposition that the insured PA is required to attend

Employment Practices Liability – a type of liability insurance that covers wrongful acts arising from the employment process, including wrongful termination, discrimination, sexual harassment, and retaliation

Extended Reporting Period – also known as tail coverage, extends coverage for incidents that happened during the time you had your policy, but a claim was not filed until after the policy was expired or canceled

A – E

F – M

First Aid Coverage – financial help to insured PAs in the event of an emergency that requires immediate attention. Expenses can cover things such as the cost of an ambulance or emergency medical procedures

Good Samaritan Coverage – protects an insured off duty physician assistant who offer help in an emergency situation. They are protected from liability claims if an injury or accident occurs.

HIPPA Defense – covers expenses that result from HIPPA infractions

Incident – an event or occurrence that spurred a liability or medical malpractice claim

Insurance Claim – a request for benefit compensation as a result of a covered incident

Liable – legal responsibility for an action

License Defense Coverage – assists insured PAs with expenses incurred from protecting their professional license due to an investigation or proceeding originating from a malpractice claim

Loss of Earnings Coverage – provides assistance for lost wages, costs, and expenses due to an insured PAs required attendance at a trial, hearing, or arbitration proceeding as a defendant

Medical Payment Coverage – reimburses third parties for medical expenses incurred to treat injuries sustained arising from business activities

Negligence – the failure to exercise care that is reasonably expected of a physician assistant

PA Insurance Policy – a contract between an insurer and a physician assistant who purchased insurance that details what the insurer is legally obligated to pay if an incident were to arise.

Physician Assistant Professional Liability Insurance – also known as malpractice insurance, provides physician assistant with financial and legal protection from injuries and damages to patients and or property

Physician Assistant Malpractice Insurance – used interchangeably with physician assistant liability insurance, malpractice insurance for physician assistant is designed to protect professionals from claims of negligence or improper treatment

Premium – monthly or annual payment amount physician assistant pay for malpractice insurance

Risk Management – the process of mitigating the chances of something going wrong

Sexual Misconduct Coverage – provides indemnity to insured physician assistant for improper sexual misconduct claims including assault, harassment, defamation, or improper handling of misconduct allegations

Workplace/Premises Liability – protects landowners and tenants when someone gets hurt on their property due to dangerous conditions

N – Z

Do You Need Malpractice Insurance?

Owning an individual physician assistant insurance policy in your own name is advised. When a physician assistant carries an individual PA malpractice insurance policy, they are minimizing risk to their personal assets or reputation. Before opting out of an individual malpractice insurance policy, make sure you know exactly what your employer’s liability policy covers and what your legal obligations are should you have to utilize the malpractice coverage under your employer’s policy.

The CM&F Advantage

Endorsed by the AAPA

CM&F was founded over a century ago. Through up and down markets, CM&F’s dedication to physician assistants has never wavered. CM&F remains committed to making it easy and cost effective to secure vital professional insurance coverage with:
  • A++ Rated Physician Assistant (PA) Liability Insurance Products
  • Outstanding Customer Service with a Direct Contact Line
  • Superior Claims Management
  • Fast Automated Application Process
  • 24/7 Access to Your Personal Online Document Archive

Resources for Physician Assistants

At CM&F, we believe in the importance of a lifelong relationship, and in order to build that we are dedicated to being an educational resource for PAs. To accomplish this we have compiled a vast amount of information from salary figures, to career growth opportunities, and even blog posts written by fellow healthcare professionals.

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