| 10 Steps to Developing Your Medical Spa Avoid the Pitfalls! |
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Step
Eight: Medical Insurance
In a Medical Spa, all practices and therapies are offered under one roof, whether acting as a separate entity or creating a panel to treat patients - the reality is that everyone needs to protect themselves. There are some Medical Coverage firms that now have policies for Spa services and there are Spa Coverage firms that now have policies for Clinical treatments.
Similar to
Medical Coverage, you are still going to need the basics of protection, which
are Malpractice, General Liability and Property Coverage.
Other ways of protecting yourself are to include a No Holds Harmless Clause in contracts with all Independent Contractors and renters. Make sure all Independent Contractors have their own insurance before allowing them to be a part of your team, and have all patients sign Release Forms prior to technical treatments such as Laser. You need to see a licensed Insurance agent to create a plan specific for your facility. Regulations differ from state to state, and each facility has their own individual needs.
Photo copyright 2003, Julie
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