One of the most common approaches to providing professional liability insurance that we see is for each individual practitioner to carry their own policy.  Nurse practitioners, estheticians, massage therapists, nutritionists, registered nurses, and medical doctors, each carrying their own annually-renewable and individually-priced medical malpractice policy.

This strategy works, and saves money, until the owner becomes concerned about the likelihood of a claim attaching the business and the owners.  Another challenge that is faced by many spa owners is monitoring renewals for all of these individual policies. There is also the issue of properly ensuring the medical directors.

The organizational spa policy is the answer. It is fine to also allow the individual practitioners to carry their own policies, but to properly insure the business, the owners, and all professionals acting on behalf of, employed by or contracted with the business, a Medical Spa Professional Liability  policy provides the answer. In fact, it is redundant for individual practitioners to carry their own policies when the responsibility should fall to the entity.

The first Botox injection and other types of filler injections started years ago as a menu item offered by some dermatology and plastic surgery offices. Soon after experiencing phenomenal results and responses from these treatments, these physicians, nurses and professional estheticians began to expand their client base. 

IV infusion clinics provide intravenous vitamin and supplement treatments:  vitamin B12 boosters to increase metabolism and burn fat; vitamin D3 to  strengthen bones, teeth and immune systems, making up for the loss of it we're feeling from being cooped up inside; detox treatments that restore the natural proteins that make up our hair and nails with lipotropics agents; and lysine taurine and carnitine to ramp up sports performance.  IV hydration can help with hangovers headaches and nausea, provide energy, replenish essential minerals and electrolytes, and alleviate fatigue and stress.

If you have started your own part-time,  mobile service for skin care and injectables, and now you're growing—providing more medical aesthetic services, continuing your journey in training and certifications, achieving more medical credentials—you need a Medical Professional Liability Insurance policy. 

You need a policy that grows with you to match your business completely, a policy that understands and accommodates the services that you are providing.

Medical Spas are continuing to grow. The industry is expanding and the rate of change requires insurance companies that are committed, competitive and responsive to claims. A Medispa Professional Liability Insurance policy must provide insurance to cover you for injectable services in an established spa setting as well as in customers' homes and at conventions. These common settings help you to grow your business. Your insurance contract also needs to grow with you as you add other providers: nutritionists, dietitians, massage therapists, colon hydrotherapists and other wellness professionals. 

With training consisting of hours of supervision and specialized techniques, nurse estheticians are licensed to remove wrinkles, hair and varicose veins, enhance lip size, and perform sclerotherapy and many other applications and procedures all by injection. Many times, nurse estheticians make the commitment to open their own medi spa, and if that’s you then we can help you to insure yourself alone. This, of course, requires a Medical Spa Professional Liability policy that is more inclusive, and the cost and process can be simple.

Contracting and expanding with you, the policies are designed and priced to respond to only the procedures you are performing, which are represented on your annual application. Insuring medispa’s  owned by physicians, advanced practice providers and nurse estheticians, the Doctors Insurance Agency has worked in this niche for 20 years and will partner with you as you grow to take on more technicians and techniques and utilize innovative products and procedures. 

Constant, significant changes in our healthcare delivery system are always creating new opportunities in administrative medicine.  Mergers, acquisitions and private equity are funding health technology and new start-up telehealth business models, as well as supporting clinical trials at unforeseen levels. 

 This activity creates a need for medical directors, research directors & investigators.

The Medical Spa industry is seeing this growth as well, and the field is evolving into a combined concierge, aesthetic and wellness integrative niche.  These integrative aesthetic centers also need medical directors. The American Medical Directors Association projects continued growth, and the requisite need ahead for Medical Directors across the country in all kinds of medical practices.

The Doctors Insurance Agency has provided Medical Director Professional Liability for over 20 years.  There are a number of insurance carriers that we represent who offer this coverage, and it is priced according to services required under your contract.   

A common question that we are asked at  The Doctors Insurance Agency – (an agency for The Doctors Company) and a national broker for medical professional liability insurance is in regards to whether a physician needs to purchase a separate Medical Director Liability Insurance Policy.  If you are asked to sign a contract as medical director for an Assisted Living Facilities, Pathology Labs, Endoscopy Labs, Medical Spas and other similar health care organization, you might be asked to provide your own medical director liability insurance policy. 

You may need one (regardless of whether the organization carries their own liability policy);  the key to understanding whether you need to purchase your own is understanding the contract language in the Medical Professional Liability Insurance Policy for the healthcare organization. 

We are often asked if the medical professional liability insurance policy that ‘covers’ the health care organization also provides liability cover for the Medical Director. 

Is there one medical malpractice, medical professional liability policy that covers a physician practicing some conventional, primary care medicine (taking histories, physicals and even prescribing appropriate "Pharma" remedies, antibiotics, topicals, meds) but diagnoses chronic disease with an eye toward 'integrating' a holistic solution. 

Do you need more than one medical malpractice insurance policy to cover your anti - aging practice: One to cover Testosterone  supplements, hormone therapies, stem cell injections, or other anti aging treatments.  Another policy which covers the lifestyle, 'medical consultations, including nutrition, life environment, food choices, exercise routines, ....And a third to cover aesthetic (laser, skin treatments, injectables or other aesthetic services). 

The Doctors’ Insurance Agency has been working with our partners at Program Professional Insurance and World Wide Facilitites to develop, promote and underwrite policies that cover individual RN’s doing Aesthetic services, The medical professional policies are a great solution for Midlevel Providers working in or owners of a MediSpa.  These specialized liability insurance policies cover as many employees or independent contractors as necessary (according to your growth and business model).

The policies are underwritten by American and London based Carriers with years of supporting this industry. They have access to informed consent forms, risk management tools and fair, competitive premiums that will allow your business to grow in those sensitive early years. 

Where do you  start to apply for and obtain medical malpractice insurance if you are going to practice telemedicine.

Start by listing the Telemedicine Organization address and describe your niche, describe the medical service that your innovation is bringing.
The underwriters need some ‘data points’ to assign a premium to your telemedicine organization.
The organization is the Named Insured, or as I like to call it, the anchor of the medical malpractice insurance policy;  From this ‘center’ of the policy, the insurance carriers build, sort of from the inside out:  they consider the total number of telehealth consultations provided by your physicians and mid levels,
the type of medical service,  the location of the physician and the location of the patient and the annual revenue

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More and more nurse practitioners are opening practices catering to cosmetic procedures. Dependent on the state, nurse practitioners can start their entrepreneurial business independently, without requirements for supervision by a Medical doctor while others mandate that a physician is involved in the practice on a supervisory/collaboration basis or even ownership basis. If you are considering an independent practice, be sure to check with your state nursing board prior to spending money on an injectable education and practice. States vary as to who can start a practice with/or employ a physician or even other nurses or aestheticians. You must also investigate whether your employees that are providing cosmetic procedures will require supervision. Again this varies state by state.