What are the two main types of malpractice insurance for PAs?

The correct identification of malpractice insurance types for Physician Assistants focuses on the distinctions between claims-based and occurrence-based coverage. Claims-based malpractice insurance covers claims only when a policy is active and the claim is reported during that active period. This means if a claim is made after the policy has expired, the provider would not be covered for incidents that occurred during the time the policy was in effect. On the other hand, occurrence-based malpractice insurance provides coverage for any incidents that occur while the policy is active, regardless of when the claim is filed. This is beneficial for providers because they remain protected even after their policy has lapsed, as long as the incident occurred during the coverage period.

Understanding these types of insurance is vital for PAs, as it ensures they are adequately protected against legal claims related to their practice. Proper coverage helps manage the risks associated with their responsibilities and can affect their professional and financial stability.