Any mental health care worker that is certified and holds a health care license is qualified to obtain medical malpractice insurance. The psychologist should examine the boundaries of his or her practice in order to determine which type of malpractice insurance policy will be suitable.
Some psychologists or other mental health care workers may wonder why this type of insurance is needed. One reason is that certain individuals will use frivolous lawsuits in order to reach financial gain, and in doing so, can hurt the practice of the mental health professional. In other cases, a psychologist may make a genuine mistake, which was unintentional, however, it resulted in harm to the patient Psychologist Malpractice Insurance.
Malpractice insurance is also important for students to have, that are participating in their residencies. In this situation, there are several options for insurance including special rates for an Employed School Psychologist.
Once a psychologist has graduated, he or she can either find appropriate coverage and begin work immediately, or he or she can work part time, and stay in school to pursue a master’s degree.
Those who obtain a masters degree will typically pay a bit less for their medical malpractice insurance than those who do not return to school for the additional education.
When a psychologist is ready to open his or her practice, there should be no delay in finding the appropriate malpractice insurance. Hopefully, such an insurance claim will never have to be filed, but having the policy will be worth the peace of mind to the mental health professional.