Massachusetts Mental Health Counseling Insurance Policy Information
Massachusetts Mental Health Counseling Insurance. Mental health counselors typically deal with clients who suffer from depression, anxiety, stress, grief, or suicidal tendencies. Because their services are advice-based, what they say - or fail to say - could lead to various lawsuits, especially if they fail to coordinate treatment with other professionals, such as psychiatrists.
Massachusetts mental health counseling insurance provides coverage for a worst-case scenario that jeopardizes your mental health counseling practice. This gives you peace of mind, because you know that you are protected if a client ever claims that you were negligent or gave the wrong advice.
Massachusetts mental health counseling insurance protects your practice from lawsuits with rates as low as $27/mo. Get a fast quote and your certificate of insurance now.
Types Of Insurance For Mental Health Counselors
Below is a list of the most common Massachusetts mental health counseling insurance policies available:
General Liability Insurance - If your clients visit your premises for a session and get hurt - you could be held liable. Slip and fall is a common claim under CGL, and most landlords will require you to carry this type of insurance to lease office space. This Massachusetts mental health counseling insurance protects you in the event that your actions cause bodily injury or property damage to a third party.
Professional Liability Insurance - This Massachusetts mental health counseling insurance protects mental health providers against the cost implications of negligence, errors and omissions and malpractice claims by their patients. Such a claim may be the result of a patient's claim that you did not do something you should have, or did do something you should not have, in the course of your practice. It may be a breach of contract claim concerning the services you were contracted to provide.
As a MA mental health counselor, a malpractice or negligence lawsuit could be brought against you when you least expect it. At that critical moment, nothing in the world will be more reassuring than knowing you have insurance coverage to help pay legal fees court costs and any damages.
Commercial Property Insurance - Property insurance offers coverage for damages to your MA offices. It also offers additional coverage for everything that is attached to your building. This includes equipment and fixtures that service your premises, exterior signs, clocks and lights that you own. Note that this policy also covers leased buildings. You can even buy coverage for your business property like furniture and computers.
Sexual Abuse Liability - Unfortunately, we live in litigious times where help or advice can be misconstrued. Sexual abuse liability coverage specifically defends you against sexual claims. These types of claims are frequently excluded from a regular liability policy, but separate coverage or a rider on your existing policy can add it to your Massachusetts mental health counseling insurance portfolio. Even if you're sure that you'd never need this coverage, it can also cover anyone who works for you.
Workers Compensation Insurance - As a mental health counselor with employees, you will usually be required by your state to purchase this insurance to cover your business from the liabilities and costs of on-the-job illnesses and injuries. When an employee gets hurt at work, MA workers comp can pay for:
- Employee medical costs
- Employee salaries while they are unable to work
- Your legal expenses if an employee sues you for contributing to the injury
- Funeral costs and support income for families of deceased employees
Assault Coverage - Violence in the workplace is a tragic reality. If you become the victim of a violent action at work or on your way to or from work, this coverage will reimburse you for your medical expenses or damage to your property up to the applicable limit.
Loss Of Documents - It is possible that at some point during your career you will misplace or damage important documentation relating to clients. This insurance has been developed to look after such a loss of documents. Should the loss of such documents breach terms from the Data Protection act or important data is lost it can cause grave situations for both you and your clients.
MA Mental Health Counseling Insurance
As a mental health counselor, your advice is relied upon by your patients. Consequently the law requires that you exercise the required skill to an appropriate level expected by your profession. You are only human and mistakes do happen.
Even when you do everything you can to help patients who come in your door, there is no telling when clients might feel dissatisfied with the advice that you have given that they decide to take some punitive action. Then you would have to defend yourself against court charges. This could be an expensive proposition. Massachusetts mental health counseling insurance provides the funds you need to clear your name.
Massachusetts Economic Data, Regulations And Limits On Commercial Insurance
If you are thinking about starting a business in the Massachusetts, it's important that you have an understanding of the economic trends and commercial insurance requirements in the state before you set up shop.
Economic trends are important, as they indicate whether or not the area offers a strong economy that will be able to support your business. You also need to know what type of commercial insurance you'll need to carry so that you can plan accordingly and ensure that you are complaint with the law.
To help you determine if the Bay State is the right location for the business you are thinking about opening, below, you'll find an overview of MA's current economic trends, as well as the types of insurance policies you'll need to carry.
Economic Trends For Business Owners In Massachusetts
Unemployment rate is a good indicator of a state's economy. The lower the rate, the more job opportunities there are, which is direct reflection of the health of businesses.
As per the Bureau of Labor Statistics, the unemployment rate in Massachusetts was 2.8% in December, 2019. That's 0.7% lower than the national average, which was 3.5% in December, 2019. This indicates that the state offers a strong workforce and that there are enough jobs to support the residents of the state.
While regions throughout the area are seeing business growth, there are certain areas in particular that are seeing more growth than others. This includes large metropolitan areas and the regions that surround them, including:
- New Bedford
Several industries are doing very well in the state of Massachusetts; however, there are particular sectors that are seeing more growth than others and are truly thriving in this part of the country. These industries include:
- Advanced manufacturing
- Commercial fishing
- Financial services
- Hospitality tourism
- Information technology
- Medicine and life sciences
If you are thinking about starting a business in any of these industries, chances are good that you will find the success you are looking for in the state of Massachusetts.
Commercial Insurance Requirements In Massachusetts
The Massachusetts Division of Insurance regulates insurance in MA. Massachusetts mandates very few forms of insurance coverage by law. They enforce worker's compensation.
Massachusetts requires you to have worker's compensation insurance if you hire even one employee on a regular basis. This includes part-time employees, family members, minors, and immigrant employees. It is not required for independent contractors, but employees in domestic service must be covered if they work at least 16 hours a week.
Massachusetts also requires all business-owned vehicles to be covered by commercial auto insurance. Other types of business insurance that business owners should carry depend on the specific industry.
Additional Resources For Medical Insurance
Discover small business insurance for medical and dental professionals. Medical malpractice insurance is a type of professional liability that protects health care professionals from liability causing in bodily injury, medical expenses and property damage.
- Ambulatory Surgical Center
- Art Therapy
- Assisted Living Facilities
- Dental Lab
- Dental Office
- Diagnostic Imaging Centers
- Healthcare Facilities
- Home Medical Equipment Dealers
- Marriage & Family Therapy
- Medical Laboratories
- Medical Marijuana Dispensary
- Medical Practice
- Mental Health Counseling
- Occupational Therapy
- Physicians Office
- Skilled Nursing Facilities
- Speech Therapy
- Substance Abuse Counseling
Health care providers are the most trusted individuals in our society. Ironically, they are the same ones who can do the greatest harm. They actually have the right to invade our bodies with knives and to poison us with chemicals - all in the name of health care and with the goal of relieving our symptoms and hopefully bringing about a cure.
While the actions of these professionals normally benefit us, insurance coverage must be available for the times when mistakes happen and things go wrong. These professionals and their facilities have extensive property exposures that are becoming more and more intricate and whose values are increasing exponentially.
The 'one size fits all' approach that once could have applied to insurance for health care providers and their facilities no longer applies.
Professional liability offers protection against claims of malpractice for all sums that the medical professional becomes legally obligated to pay as damages because of rendering or failing to render professional services.
Professional and medical malpractice exposures are the most expensive and difficult of all exposures for health care providers. The commercial general liability policy excludes these exposures so separate coverage is needed. Most professional liability policies are written on a claims-made basis and, as a result, tail coverage and retroactive dates are important coverage issues to be aware of when evaluating the insured’s coverage needs and comparing coverages.
The coverage provided is often called medical malpractice. For decades, many involved in the health care field and insurance companies that provide insurance coverage to providers have stated that malpractice lawsuits have created an ongoing crisis of restricting insurance availability, due to loss of insurance companies that write the coverage and significant rate increases.
As a result, state legislatures have taken the following actions to address the situation:
Imposed a dollar limitation of liability for malpractice suits.
Modified statutes of limitation to limit the number of years that a suit may be brought against a physician following a negligent act.
Modified when the statute of limitations takes effect. An example is beginning from a negligent act's occurrence rather than from its discovery.
Passed laws to modify tort law procedures and doctrines that relate to malpractice.
Because of differences in law by state it is important to know the states in which the covered health care providers are licensed and regularly practice. Some health care providers may practice in multiple states because of their particular specialty, their reputation or the demand for their services. Some hospitals may have ownership in facilities or provide services to patients that are outside of their main location state.
Minimum recommended small business insurance coverage: Business Personal Property, Business Income and Extra Expense, Employee Dishonesty, Money and Securities, Accounts Receivable, Computers, Physicians and Surgeons Floater, Valuable Papers and Records, General Liability, Employee Benefits, Professional, Umbrella, Hired and Non-owned Auto & Workers Compensation.
Other commercial insurance policies to consider: Building, Earthquake, Equipment Breakdown, Flood, Leasehold Interest, Real Property Legal Liability, Computer Fraud, Forgery, Cyber Liability, Employment-related Practices, Business Automobile Liability and Physical Damage and Stop Gap Liability.
Request a free Massachusetts Mental Health Counseling insurance quote in Acton, Agawam Town, Amherst, Andover, Arlington, Attleboro, Barnstable Town, Belmont, Beverly, Billerica, Boston, Bourne, Braintree Town, Bridgewater, Brockton, Brookline, Burlington, Cambridge, Canton, Chelmsford, Chelsea, Chicopee, Concord, Danvers, Dartmouth, Dedham, Dracut, Easton, Everett, Fall River, Falmouth, Fitchburg, Framingham, Franklin Town, Gardner, Gloucester, Haverhill, Hingham, Holyoke, Hudson, Lawrence, Leominster, Lexington, Lowell, Ludlow, Lynn, Malden, Mansfield, Marblehead, Marlborough, Marshfield, Medford, Melrose, Methuen Town, Middleborough, Milford, Milton, Natick, Needham, New Bedford, Newton, North Andover, North Attleborough, Northampton, Norton, Norwood, Peabody, Pittsfield, Plymouth, Quincy, Randolph, Reading, Revere, Salem, Sandwich, Saugus, Shrewsbury, Somerville, Springfield, Stoneham, Stoughton, Sudbury, Taunton, Tewksbury, Wakefield, Walpole, Waltham, Wareham, Watertown Town, Wellesley, West Springfield Town, Westborough, Westfield, Westford, Weymouth Town, Wilmington, Winchester, Woburn, Worcester, Yarmouth and all other cities near me in MA - The Bay State.
Also find Massachusetts insurance agents & brokers and learn about Massachusetts small business insurance requirements for general liability, business property, commercial auto & workers compensation including MA business insurance costs. Call us (617) 902-0099.