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Medi-spa procedures carry the same risk of litigation as any other medical procedures. Additionally, the general public believes medi-spa treatments are risk-free due to their aesthetic nature and because they are performed in a spa-like setting. Often lawsuits are filed when patients are angered by negative outcomes theybelieved would not occur during medi-spa procedures.In addition.
- Many physician and RN liability policies will not cover medi-spa procedures
- Defense costs for a malpractice lawsuit easily exceed $25,000
- Medi-spa related verdicts can and have exceeded $1,000,000
- Medical Spa coverage provides protection and peace of mind for owners, practitioners, and medical directors
Annual premium range for medi-spa professional liability coverage varies based on procedures performed (see classification of procedures table below), state in which the medi-spa is located, number of locations, number and type of staff, deductible, and retroactive coverage. Annual premium is between $7,500-25,000. Coverage for medical directors (no direct patient care) is generally included in the annual premium. Separate coverage for individual physicians can be obtained for additional premium.
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