7 Reasons to carry PLI

7 Reasons To Have PLI even If You Don’t Work Per Diem

Hey, not be a nag, but even if you don’t work per diem, you should probably have your own Professional Liability Insurance (PLI) policy.

Why? Here’s why:

It’s All About YOU!
Your own PLI policy puts YOUR interests first. Your employer’s policy puts your employer first.   

Even if you are ‘covered’ by your employer’s insurance, malpractice awards can exceed coverage limits. If you are named in a malpractice lawsuit and your legal costs and settlement or judgment exceeds your employer limits, you may need to make up the difference. 

Your PLI Through Work only Covers You at Work
If you are ‘covered’ by a policy through your employer, you are only covered while you are officially on the clock. Anything that happens once you punch out is on you. 

Random Stranger Coverage
Say you help a random stranger and they’re not ‘satisfied’ with the service, they could sue you. Your own PLI policy covers you for contract work, Good Samaritan assistance, volunteer work and even advice to a friend, family member or a random stranger.

Portable Coverage
PLI covers you for your professional services wherever you go or work; on and off the job, moonlighting, per diem, contract work, etc. 

License Coverage
In addition to being named in a malpractice lawsuit, one of the most serious risks that a Healthcare Provider could face is the suspension of their license. Employers rarely provide license coverage. Most PLI policies will reimburse you for your defense of disciplinary charges and other expenses arising from a covered incident.

HIPAA Violation Coverage
HIPAA violations aren’t always major, they can be for teeny, tiny things like improper disposal of personal health information. (When in doubt, don’t throw it out, BURN IT!)

It only costs $0.68493150684 a day!
The average cost for PLI policy is under $250 per year. Or $0.68493150684 a day.

The Go4 platform connects Healthcare Providers with organizations for short and long-term positions. Healthcare Providers set up a profile; including licensure, credentials and proof of liability insurance. Organizations post work opportunities, set their own pay rates and the platform handles all the paperwork. For more information visit go4.io.