Thursday 10 August 2017

Do Chiropractors Need Malpractice Insurance to Secure Their Practice?


With chiropractic insurance, you could have a comprehensive insurance program, proving you with a one stop shop for all of your professional insurance needs. The Chiropractic industry, a market in the health care industry, represents revenues in excess of $30 billion annually in the United States.

The industry has experienced 1% annualized growth over the past 5 years and is forecast to grow at 2.2 percent over the next five years. The Chiropractic Industry established stability as individuals, living with chronic pain from nerve injuries, started to continuously seek out this well accepted form of treatment in order to treat their condition and live more active lifestyles.


Performing a Chiropractic Security Risk Assessment


As a provider of healthcare for patients, your practice is required to ensure that patient data is secure and adequately protected. HIPAA’s Security Rule requires that covered entities, such as chiropractic practices, complete security risk assessments. Your security risk assessment will help you correct potential data security problems before they happen. As such, avoiding a risk assessment may result in these threats manifesting themselves. To conduct your own risk assessment, review the security rule and the assessment requirements that apply to your organization. This rule begins with an analysis. Your security risk assessment will help you identify how data is created and used by your clinic. From there, you will understand threats to this data from internal and external sources. You will look at every aspect of data access, creation, and use within your clinic in addition to how data is transmitted outside of your clinic for use or storage.

Hackers target chiropractic data so secure your patients and your practice. Through MedPro Group’s Patient Safety and Risk Solutions program, the Chiropractic Protector Plan® is able to provide our insureds with the tools that they need to incorporate sound risk management practices and decrease the probability of a claim. Your carrier should be committed not only to defending you in court, but also to keeping you from ever seeing a courtroom.


How to Secure Chiropractic Practices


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