Aesthetic Malpractice Insurance in Arizona for 2023
Aesthetic malpractice is a type of medical malpractice that occurs when a cosmetic surgeon or other medical professional performs a procedure that falls below the standard of care for the profession and causes harm to the patient. Failing to obtain informed consent from the patient before performing a procedure, failing to properly diagnose a medical condition before performing a procedure, failing to properly administer anesthesia during a procedure; and failing to properly follow up with the patient afterwards, all qualify as malpractice as of the day of writing this article.
Professional Liability Insurance for Aesthetic Procedures is a type of professional liability insurance that covers damages and expenses from a wide range of incidents that may arise in this field of work. This includes physical or mental injury, death, disease, disability, sickness and shock; loss or accidental destruction of physical documents; breach of confidentiality; and libel and slander.
You probably perform aesthetic or cosmetic procedures, you might have any ancillary personnel that specializes in aesthetic or cosmetic procedures and treats your patients, it’s important to review the coverage you have under your current malpractice policy. Cosmetic procedures and Medspas are rapidly expanding into the malpractice world and need coverage! The conventional malpractice policy may not include cosmetic or aesthetic procedures unless they are specifically endorsed onto your malpractice policy.
Some people may assume that coverage is automatically included and perform the procedures, without checking with their insurance carrier, and can easily fall into the horrors of paying out of pocket if a claim should arise. We have answers for your unconventional situation!
We at Desert Mountain Insurance are dedicated to keeping up with the latest cosmetic trends and ensuring our clients have coverage for the evolving practice of aesthetic procedures. Our agency has many malpractice markets for your cosmetic exposure needs and offers competitive coverage and pricing. There has been an overwhelming increase of cosmetic nurse insurance requests nationwide throughout the first half of 2023. According to the American Society of Plastic Surgeons, there are over 17,000,000 cosmetic procedures performed annually. the most popular surgical cosmetic procedure worldwide in 2020 was breast augmentation, followed by liposuction and eyelid surgery. The most popular nonsurgical procedures included botulinum toxin type A (Botox), hyaluronic acid, and hair removal.
Taking all of that into consideration, our agency has many solutions for:
- your practice
- your aestheticians
- your nurse practitioners
- your physician assistants
- your cosmetic nurses
Cosmetic and Medspa policies may include many different procedures. FDA approval may not be required to obtain a policy. Here are some examples of cosmetic and aesthetic procedures where we can help you place coverage:
- Botox – A purified form of botulinum, a neurotoxin causing botulism, injected in minute amounts especially to treat muscle spasms and relax facial muscles in order to reduce wrinkles.
- Coolsculpting – A fat-freezing procedure that is an FDA-cleared, non-surgical fat-reduction treatment that uses controlled cooling to eliminate fat.
- Cryotherapy – A technique that uses an extremely cold liquid or instrument to freeze and destroy abnormal skin cells that require removal.
- Kybella – An injectable formulation of deoxycholic acid is a naturally occurring molecule within the body. When injected into areas of unwanted fat, it aids in the breakdown and absorptions of fat.
- Chelation Therapy – A medical procedure that involves the administration of chelating agents which remove heavy metals from the body.
- Liposuction – Sometimes referred to as “lipo” by patients; slims and reshapes specific areas of the body by removing excess fat deposits, changing body contour and proportion.
- Lipodissolve – An alternative method to liposuction. This treatment involves a drug mixture injected into the body. These shots are meant to dissolve or melt away body fat without invasive surgery.
- PDO Thread Lift – A non-surgical facelift that uses Polydioxanone (PDO) threads which are a special medical grade thread that is thinner than hair, made of protein.
- PRP Vampire Facial – Platelet-rich plasma, or vampire facial, which uses your own blood’s platelets and plasma on your face for rejuvenation.
Aesthetic procedures are evolving and so is the insurance you need to cover them. Call us or click here to REQUEST A FREE QUOTE & CONSULTATION. We can help you determine and understand the coverage you need.