Medical malpractice insurance companies?

[caunyd]

Hi guys. Can you guys recommend any good and reliable malpractice insurance for psychiatry? Thanks.

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[michaelrack]

so I guess you didn't get enough answers to this question in the practicing physicians forum?

 

[whopper]

The APsychiatricA recommends a company. Check their website.

 

[Regnvejr]

Depending on where you practice, there might only be 1 or 2 companies offering services anyway.

 

[whopper]

Here is the program endorsed by the APsychaitricA...

http://www.psychprogram.com/

I don't know if this program is any better or worse than others. I've gotten together with other psychiatrists, we've talked about it, and the only real things we could find differences on were the price of the insurance. Not any of us were yet sued for malpractice.

Another factor is that I worked in a facility where the state covered your insurance, so I didn't have many psychiatrists I could ask regarding insurance who had a lot of experience.

I'll try to look into this more because I need to know this for myself.

 

[sunlioness]

I have the one through the APA.

 

[prominence]

which is more favorable for psychiatrists: occurrence or claims-based with tail coverage?

or does it really matter, as long as you have some form of malpractice coverage?