Category Archives: Acupuncture Insurance Coverage Options

Get An Acupuncture Business Insurance – Here Are Some Compelling Reasons Why

Health is wealth – an adage that never gets old. More and more people are becoming conscious about their health. No wonder why the industry considered alternative treatment is experiencing significant growth. People are finding ways that can help improve their health holistically.

As a professional running an acupuncture clinic, the question becomes – are you ready for this trend? Are you prepared to accept more patients into your clinic? Can you accommodate a significant surge of patients seeking acupuncture treatment? And, the most valuable question: are you prepared for any implication of this surge to your professional reputation as an acupuncturist?

One crucial way to be prepared is to buy your clinic acupuncture business insurance. It will come in handy should a patient or two file a malpractice complaint arising from the treatment you perform. Such a scenario can drain your finances and also your emotional stability. Indeed, having acupuncture business insurance can make you sleep tight at night, knowing that you get some protection from an insurance company. It helps protect not just your finances but your facility and professional reputation.

In a nutshell, acupuncture business insurance can offer you the following:

Financial protection as it can pay for legal services you need should you face the complainant in a court battle;
Protection for your facility in case of calamity such as a typhoon or tragedy such as fire;
Workers’ compensation as it pays for medical care and rehabilitation of employees who are injured on the job or contract a work-related illness.

Tips on finding a reputable acupuncture business insurance provider:

Consider the length of time the insurance service provider has been in business; the longer the time in the industry, highly likely, the more reputable it is.
Read reviews from clients; do some searches on Google, and examine what the people with firsthand experience have been saying about your prospect.
How much coverage they have paid out in the past three to five years; the higher amount means they have been delivering their obligations as promised.

Online looking for a reputable provider of acupuncture business insurance? You might want to consider our product here at the American Acupuncture Council.

Please call (800) 838-0383 for inquiries.

Why An Acupuncturist Insurance Is Vital (And How To Find The Best Provider)

You should perform a comprehensive search for prospective providers for products as valuable as acupuncturist insurance. You have to make sure that the company you choose can deliver its promise. Your choice will have a crucial impact on your finances and your professional reputation as an acupuncturist.

Many companies in the market present themselves as the best acupuncturist insurance provider you can find around. However, as the saying goes, “there’s more than meets the eye.” That implies you have to be careful in choosing an acupuncturist insurance product to buy; make sure you do it based on an informed decision – not just on how these companies portray themselves. With that said, here are some crucial things you need to consider when choosing an acupuncturist insurance provider:

Experience (you would want to look for an acupuncturist insurance provider with proven track records, probably with decades of industry experience)
Good reviews from previous and current clients (there is no better way to learn about how good (or bad) a company is than those who have experienced their product themselves.)
Package quotations are transparent (what you see is what you get; what you get is what you pay)
The total value of insurance claims they pay out each year (this provides insights into the company’s capability to deliver the insurance protection as promised)
Has physical location or office (that means they are legitimate and have the approval from regulating bodies to offer insurance for acupuncturists.)

Some benefits of acupuncturist insurance

Offers liability insurance to protect your business and professional reputation from potential malpractice lawsuits;
Offers workers’ compensation, covering all employees (except those from independent contractors);
Offers premises liability protection or commonly called slip or trip and fall insurance (covers the potential risks of a guest on the premises alleging damage to their personal property or injury in the clinic area such as slipping from a wet spot on the floor, tripping on a frayed rug or fainting and falling off the treatment table)
Offers protection for business personal property (can cover the named insured for lost, stolen, or damaged property of the business, such as equipment)

Online looking for a reputable and most qualified acupuncturist insurance provider? Reach out to the team at the American Acupuncture Council today.

Please call (800) 838-0383 for inquiries.

Insurance for Acupuncturists

Getting insurance for acupuncturists is crucial to running an acupuncture clinic. With a higher level of vulnerability from lawsuits, getting some protection is a sound idea that every acupuncturist should consider incorporating into their overall business strategy.

There are plenty of companies offering insurance for acupuncturists. However, not all of them can give you the best protection for your business. So, you have to be extra careful and discerning so that what you get is the one that you deserve.

Here are some tips when looking for insurance for acupuncturists:

Financial strength – examine the insurance company’s financial strengths; this is to ensure that you do not have any problem in the event you need to file a claim;
Coverage – an acupuncturist must choose a company that provides appropriate coverage for professional and business protection;
Price – how much does it cost versus the package offer? The number might not tell the whole story; you have to know what particular items are in a package.
Feedback from clients – if an acupuncture insurance company is reputable, the people surrounding them will tell you so. Hear some feedback from their existing clients as this can give you insights into the company’s image as an insurance provider.

What to look for in insurance for acupuncturists?

Note that each acupuncture business is unique and so are their insurance needs. However, you should see to it that their offer includes the following:

Professional liability insurance – even experienced, professional acupuncturists are at risk of a possible malpractice suit. Professional liability insurance can give you the protection you need. It provides coverage for your professional reputation and your business.
Premises Liability – commonly called slip or trip and fall insurance. This endorsement covers the potential risks of a guest on the premises alleging damage to their personal property or injury in the clinic area, such as slipping from a wet spot on the floor, tripping on a frayed rug, or fainting and falling off the treatment table.
Business personal property (BPP) – can cover the named insured for lost, stolen, or damaged business properties. A treatment table, furniture – or any other business property that is not a permanent fixture of the building structure – can be covered by this insurance policy.

Online looking for insurance for acupuncturists? Contact us today at (800) 838-0383.

Tips When Choosing For The Best Acupuncture Insurance Coverage Options

Acupuncture insurance service providers are not created equal; some are just better than the others in terms of giving acupuncture insurance coverage options. This means that you need to do your homework; spend time to scrutinize each of your prospects so that you are able to pick the best one in town.

In this post, we are giving some tips on what should be your criteria in choosing a company so that you are able to find one that can give value for your money.

Reputation. An acupuncture insurance service provider may claim they are the best in town but the people might be saying otherwise. Reputation can be measured by the number of positive reviews from customers as well as the number of recognition from trusted organizations within the industry. Make sure that you are able to read some reviews from legitimate customers to get some good information that can be used for assessment.

Transparent charges. Reputable companies are transparent with their charges; they give quotations that have no hidden costs. And, above all, they give packages at reasonable prices. To determine whether or not they are giving a fair deal, checkout the industry average of acupuncture insurance prices. When their price is way more than the industry average, that should ring the alarm bell.

Flexibility of coverage options. The insurance you need vary according to how your business performs. This is why it will work to your advantage if you choose one from acupuncture insurance coverage options which allows you to add specifics to the coverage. Many of such options can be requested throughout the policy year. As a result, you get a more customized package; something that is tailored to your business needs.

Length of service in the industry. Why does it matter? The length of time the company in service is a good measure how resilient it is. The longer the company in business means that it has weathered the test of time and gained the necessary experience to provide even better acupuncture insurance services.

Checkout your acupuncture insurance coverage options at American Acupuncture Council today.

Call us at (800) 838-0383 for inquiries.