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Can I practice in multiple states with one CRNA
malpractice insurance policy? Yes, most
states require limits of $1,000,000/$3,000,000
so as long as you are insured for those limits
and have licenses in your practice states your
coverage will allow you to perform anesthesia.
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Does the cost of my CRNA liability insurance
increase every year for five years? With our
carriers NO it does not. We have great
relationships with all of our A+ rated carriers
so they allow us to maintain the same premium
price every year. Your coverage will only
increase if you are changing to a higher risk of
anesthesia or have a claim.
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As a new graduate CRNA can I obtain CRNA
malpractice insurance without restrictions?
Yes, your associations insurance may put
restrictions on your policy but our carriers
have no restrictions for CRNA malpractice
insurance.
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Do I have to pay for my CRNA malpractice
insurance in full or can I finance the premium?
You do not have to pay for the policy in
full. Typically we will need a 30% down payment
and then you can finance 9 additional payments
with a low interest rate.
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Will my CRNA insurance policy allow me to fill
in for another CRNA while they are on leave?
Yes it will. We will just need to add the
facility to your current CRNA malpractice
insurance policy so that you are covered at no
additional cost.
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Am I required to be a member of the AANA to
purchase your CRNA liability insurance? No,
the cost of the AANA memberships are going up
and up so many CRNA are saving a lot of money by
opting out of the AANA’s coverage.
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Can a husband and wife CRNA team be on the same
CRNA malpractice Insurance policy if we are
working in two different locations? Yes. This
is very common and we can formulate a low cost
policy that will save you both a good amount of
money.
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If I were to have a claim does your CRNA
malpractice insurance cover my legal expenses?
Yes. There is a deductible that will have to
be met and that is typically a $2,500.00
deductible. All legal expenses there after are
covered by your CRNA malpractice insurance
policy.
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If I have a bad case in the O.R or E.R can I
contact your agency before I notify the
insurance carrier of a CRNA malpractice claim?
Yes, we will then instruct you as to what
needs to be done. In many cases we do not need
to notify the insurance carrier until you
receive formal notification of a claim.
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Why should I choose your insurance agency over
the AANA’s CRNA malpractice insurance option?
Our carriers are all A+ rated and provide the
same exact benefits as the AANA’s insurance.
However or costs are far more affordable and by
choosing our agency you can notify us of an
incident without having to inform your
association that something went wrong. We will
not automatically inform the insurance carrier
of an “incident” as the AANA would.
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As a fulltime CRNA how many hours am I allowed
to work during the week? Under our CRNA
malpractice insurance coverage you can work an
unlimited number of hours.
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What is considered part time or “moonlighting”
CRNA malpractice insurance? 20 hours of
clinical work per week is the cutoff for part
time CRNA malpractice insurance. However, you
have 1,000 hrs per year to use as you see fit
for the part time coverage so you really are not
limited to weekly hours.
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What is the average cost of a full time
CRNA malpractice insurance policy? The
average cost for the fulltime CRNA malpractice
insurance is around $3,900.00 per year.
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What is the average cost of CRNA malpractice
insurance for part time coverage? Our 1,000
hr per year policy will cost around $2,230.00.
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If I call you today can I obtain my CRNA
malpractice insurance immediately? Yes, we
can bind your CRNA malpractice insurance the
same day as long as we have your application,
CRNA license, resume and current certificate of
insurance.
