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Nov 21, 2023 · While the average cost of malpractice insurance for nurse practitioners can vary, ranging from $1,000 to $6,000 per year, it’s important to remember that price should not be the sole determining factor.
Compare malpractice insurance cost for nurse practitioners. Nurse practitioner liability insurance policies at CM&F come with an annual savings of up to $900 compared to our competitors.
Dec 7, 2020 · The average cost of liability insurance for an RN is approximately $100.00 per year. The cost is low because there are over one million RNs in the U.S. purchasing liability insurance (out of 4 million RNs) in addition to what their employers and hospitals provide.
Nov 13, 2023 · Finding the right coverage plan requires an NP to consider several factors: state regulations and practice environment; different types of malpractice insurance (claims-made versus occurrence-based); and whether to negotiate an employer-provided policy or sign onto an independent one.
Jan 19, 2023 · The cost of defending allegations in license protection matters involving an NP has risen sharply, averaging $7,155 in 2022. These costs have thus increased 19.5 percent from the 2017 data set and 61.1 percent from the 2012 dataset. If an NP lacks appropriate insurance, they must assume personal responsibility and liability for these expenses.
Aug 9, 2022 · The cost of malpractice insurance is determined by many factors: the type of medical practice you're in, where you practice, and your experience. The average cost of malpractice insurance for a nurse practitioner is $1,300 per year. The average cost includes both employed and self-employed NPs.
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NSO nurse practitioner malpractice insurance (liability insurance) can help protect you and your career from malpractice lawsuits. Our malpractice insurance is tailored to the increased risk of your professional responsibilities, yet priced at an affordable rate.