Custom-tailored Insurance for medical centers and clinics where ophthalmologists perform vision-correcting surgeries and offer other optical services such as eye exams and fittings and sales of contact lenses and eyeglasses. Our laser eye surgery center insurance coverage includes General Liability, Errors & Omissions (Malpractice), Property, and Workers’ Comp, among others.
Premises liability lawsuits rarely occur at laser eye surgery centers, but patients, family members, pharmaceutical reps and other visitors can become injured in slip-and-fall accidents or in other unexpected ways, making protection with General Liability insurance from third-party claims and lawsuits necessary.
Professional liability risks are a big concern for laser eye surgeons and their staff since medical mistakes during LASIK surgery, lens implantation and other procedures could result in serious harm to a patient’s eyes. If ophthalmologists and other employees are not properly licensed or trained, or if surgery is not closely monitored, there is a high risk of a medical error occurring. Malpractice coverage, also known as Errors & Omissions, protects against a lawsuit brought against the surgery center employees alleging financial or physical damage to a patient. An E&O policy covers attorney’s fees to defend against the claim, court costs, and any judgments awarded, up to the policy limits.
Employees who are injured at work are compensated for the medical expenses and any wages lost due to time off the job from the injury. The most prevalent Workers’ Compensation risk for laser eye surgery centers is diseases transmitted from patients to workers. Additional workers’ compensation risks for laser eye surgery center employees include trip and fall hazards.
The risk of property loss at laser eye surgery centers is generally light. However, valuable items that could potentially be lost or damaged by fire, natural disaster, faulty electrical or plumbing include office furniture and surgical equipment. If a fire occurs, smoke could cause severe damage to equipment.
Dishonest employees and outside third parties stealing money or property are a risk to any business. A bookkeeper can embezzle funds or use business credit card information illegally. Employees can access patients’ personal identifying information for fraudulent access to prescription medications or Medicare benefits.