Health Care Services

Accounts receivable

Can reimburse a provider’s unpaid invoices when a customer becomes insolvent or pays long after the agreed date.

Can include unpaid customer invoices, insolvent customers, prolonged default and cost of collection

Business owner’s policy (BOP)

Typically combines property, general liability and lost-income coverage in one policy for a small or midsize health care business.

Can include property, general liability claims, business interruption and optional extensions

Managed care errors and omissions

Can respond to claims by providers, patients and others that a managed care organization erred in administering benefits.

Can include cost of defense, settlements and court awards, privacy and data incidents and compliance with regulation

Abuse and molestation liability

May pay defense and settlement costs when an organization faces allegations of abuse or misconduct involving staff or volunteers. Intentional criminal acts are typically excluded.

Can include defense of claims, settlements and court awards, crisis response and communications support

Medical malpractice liability

Is designed to respond when a patient alleges negligence or error in treatment, including defense costs and any settlement or judgment.

Can include cost of defense, settlements and court awards, wrong diagnosis and surgery and medication mistakes

Cyber

Generally pays forensic costs and claims from affected individuals after a data breach, ransomware attack or hacking incident.

Can include breach response, business interruption and security failure liability

These guides describe types of insurance in general. The right coverage depends on your operations and the terms of the policy issued. Pasaca’s featured lines are cyber insurance, directors and officers (D&O) liability insurance, product liability insurance and aviation insurance.