Medical Malpractice Insurance Agents in Texas

Texas Medical Malpractice Insurance Overview

Medical Malpractice Insurance in Texas has an ever-evolving landscape that can be attributed to factors like legislative reforms and changing market dynamics over the past few decades.

With more insurance companies starting to provide medical malpractice in Texas and increasing challenges as a medical profession, it has become both easier and important to get proper medical malpractice insurance in Texas.

If you are looking to get the best medical malpractice insurance as a health worker or if you are an agent looking for the right medical liability coverage for your client in Texas, you can get the best policy through Agency Height.

Is Medical Malpractice Insurance Mandatory in Texas?

No, Medical Malpractice Insurance is not mandatory by law in the state of Texas, but it is recommended to get medical malpractice coverage to get covered against unexpected malpractice lawsuits.

In the case of private practitioners or contract-based workers that are not fully covered by the hospital’s medical liability, getting your own policy is important to get financially protected against personal liability for legal fees, settlements, or judgments.

Texas has a “statute of limitations” legislation that sets a two-year time restriction for a patient or their survivor to initiate a medical malpractice lawsuit.

Who Needs Medical Malpractice Insurance in Texas?

These are the primary individuals and organizations that require medical malpractice insurance in Texas to get covered against potential malpractice lawsuits:

• Physicians and Surgeons Practicing in Texas

MDs, DOs, and specialists (e.g., cardiologists, surgeons, anesthesiologists).

• Healthcare Professionals

Nurse Practitioners (NPs), Physician Assistants (PAs), RNs, LVNs, CRNAs, and midwives.

• Hospitals, Clinics and Healthcare Facilities

Hospitals, surgical centers, rehab centers, and diagnostic labs.

• Mental Health Professionals

Psychiatrists, psychologists, counselors, and therapists.

• Allied Health Professionals

Chiropractors, optometrists, dentists, dental hygienists, and pharmacists.

• Telemedicine Providers

Professionals offering virtual care.

• Medical Students and Residents

Who can Provide Medical Malpractice Insurance in Texas?

In the state of Texas, these entities are authorized to provide medical malpractice insurance.

• Licensed Insurance Companies
• Legislatively created entities like JUA (Texas Medical Liability Insurance Underwriting Association) and Texas Medical Liability Trust (TMLT)
• Medical professional liability funds for state higher education systems
• Surplus lines insurers
• Risk purchasing and risk retention groups

Types of Medical Malpractice Insurance Coverage in Texas

Medical Professional can get two types of malpractice coverage in Texas categorized into:

1. Occurrence Coverage

Occurrence coverage is a type of medical malpractice insurance coverage that is typically the more expensive option but covers most professionals indefinitely.

It will provide financial coverage (at similar limits) even after the insurance policy is canceled.

Regardless of the time after an incident a claim occurs, professionals are covered even if they no longer have the same malpractice policy.

2. Claims-Made Coverage

Under claims-made malpractice coverage, the health professional is only insured against claims that occur while that policy remains active.

For indefinite coverage, you might have to purchase an extended coverage rider.