Insurance Coverage for Patients

Patients charged vary based upon the services provided. Some providers will charge more for the initial evaluation and a flat rate for each therapy session. Health insurance providers cover many of the services. Most insurance companies require a physician's referral or insurance authorization prior to service. It is the responsibility of the patient to arrange for reimbursement of services through the health insurance provider.

Insurance Coverage for Therapists

Like many other health professionals, therapists face daily risks, and finding an insurance company that offers coverage for this category of service is difficult as most insurance companies prefer traditional health professionals.

Professional Liability Insurance protects you against covered claims arising from real or alleged errors or omissions, including negligence, in the course of your professional duties. Remember, legal defense and settlement costs are paid in addition to your limits of liability. While many employers will provide some professional liability coverage, chances are that coverage may have some serious gaps, including:

• Policy limits may not be high enough to protect you and all of your co-workers.
• You may not be provided with coverage for lost wage reimbursement, licensing board hearing reimbursement, and defense costs.
• You may not be covered outside of the workplace, such as when you engage in volunteer or part-time work.
• You may not be covered for suits filed after you have terminated your employment

In the event of a lawsuit, your own Professional Liability Insurance policy would: provide you with your own attorney , pay all reasonable costs incurred in the defense or investigation of a covered claim, pay you for lost wages , provide reimbursement if licensing board issues were involved, and pay court costs and settlements in addition to the limits of liability.