Health Science Insurance in Ohio

The Ohio Department of Insurance regulates the medical malpractice insurance industry and sets minimum coverage requirements for all healthcare providers. All healthcare providers should review their current coverage against Ohio's minimum requirements to ensure they are adequately protected.

Besides medical malpractice insurance, health sciences professionals in Ohio may need other forms of insurance to protect their practice and business. These may include:

• Property insurance
• Business interruption insurance
• Cyber liability insurance
• Workers' compensation coverage
• Commercial auto insurance

By having the right type and amount of coverage, professionals in the health sciences field can be assured that they are adequately protected should a claim arise.

Here at Bellwether Insurance Solutions, we understand the needs of health sciences professionals and how to best protect them. We have a team of experienced agents that can help you find the right coverage for your practice or business at an affordable price.

Being an independent insurance agency, we have relationships with several different insurance companies that offer coverage for health sciences professionals in Ohio. We can compare multiple policies from different carriers to make sure you get the best value and protection.



Contact us today to learn more about our insurance solutions for health sciences professionals in Ohio!

All healthcare providers must carry medical malpractice insurance in order to practice legally in the state of Ohio. This includes, but not limited to:

• Physicians and Surgeons
• Dentists
• Pharmacists
• Naturopathic Practitioners
• Nurse Practitioners and Registered Nurses
• Optometrists
• Mental Health Professionals
• Physical Therapists
• Chiropractors
• Acupuncturists
• Audiologists and Speech Pathologists
• Home Health Aides
• Medical Assistants
• Veterinary Professionals
• Radiologic Technologists and Nuclear Medicine Technicians

At Bellwether Insurance Solutions, we are dedicated to helping health sciences professionals get the right coverage for their practices. Contact us today to learn more about our insurance solutions!

Medical malpractice insurance is a type of professional liability insurance that covers health care providers in case they are sued for negligence or errors in their medical services. Medical malpractice insurance can help pay for legal fees, settlements, and judgments that may arise from a malpractice claim. Some components of medical malpractice insurance include:

• Bodily Injury
• Professional Negligence
• Loss of Income or Earnings
• Wrong Treatment and Diagnosis
• Personal Injury & Advertising Liability
• Breach of Contract & Fraudulent Misrepresentation
• Emergency Medical Services Liability

In medical malpractice cases, Ohio law caps the amount of pain and suffering damages (also known as non-economic damages) that can be awarded to a plaintiff. The cap is either $250,000 or three times the economic damages, whichever is higher, but not more than $350,000 per plaintiff or $500,000 in cases with multiple plaintiffs.



Having adequate medical malpractice insurance in Ohio is essential for healthcare providers to stay protected against potential claims that may arise from medical negligence.

As a healthcare provider in Ohio, you may need property insurance to protect your medical equipment, office furniture, supplies, and records. Property insurance can also cover the loss of income if your business is interrupted by a covered event. Property insurance can help you recover from unexpected events and continue providing quality care to your patients.

There are different types of property insurance policies available for healthcare providers in Ohio, depending on your specific needs and budget. Some of the options include:

• Commercial property insurance: This policy covers the physical assets of your business, such as buildings, equipment, inventory, and fixtures. It can also cover business interruption and extra expenses if you have to relocate or temporarily close your business due to a covered event.
• Business owners policy (BOP): This policy combines commercial property insurance with general liability insurance, which covers bodily injury and property damage claims that you or your employees cause to others. A BOP can also include optional coverages, such as data breaches, equipment breakdowns, or professional liability.
• Specialty property insurance: This policy covers specific types of property that may not be covered by a standard commercial property policy, such as medical equipment, computers, or valuable papers. Specialty property insurance can also cover unique risks that healthcare providers face, such as spoilage of vaccines or drugs, contamination of medical supplies, or loss of patient records.

Property insurance can help you recover from unexpected events and protect your business assets. Contact us today to learn more about our property insurance solutions for healthcare providers in Ohio!

General liability insurance is an essential form of coverage for healthcare providers in Ohio. It helps protect businesses from claims related to bodily injury or property damage that they or their employees cause to others. It can also cover legal fees, settlements, and judgments if a third party sues you for negligence or errors in your services.

Some of the common components of a general liability policy include:

• Bodily Injury & Property Damage
• Personal Injury & Advertising Liability
• Medical Payments
• Product Liability & Completed Operations

General liability insurance is a must-have for healthcare providers in Ohio as it helps protect your business from potential claims that could arise from mistakes or negligence.

When your business is interrupted by an unexpected event, such as a fire or natural disaster, you may suffer financial losses due to the resulting downtime. Business interruption insurance can help protect your income and cover some of the associated costs, such as relocation expenses if needed.



Business interruption insurance is essential for any healthcare provider in Ohio that wants to stay protected against the financial losses that can result from unexpected events. This policy can help cover your lost income, pay for employee salaries, and reimburse you for any additional expenses associated with the interruption in business.

If you employ workers in Ohio, you are required to carry workers’ compensation insurance. This type of coverage helps protect your employees against work-related injuries or illnesses and can provide them with financial benefits if they become disabled. Workers’ compensation insurance is also important for healthcare providers because it can help cover medical costs associated with treating injured or ill employees.

The Ohio Bureau of Workers’ Compensation oversees the state’s workers’ compensation system and requires employers to have a policy in place. If you fail to comply, you could face steep or legal action.

Healthcare providers in Ohio must be aware of the risks associated with electronic data security. As a healthcare provider, you need to ensure that your patient data is secure and protected from potential cyber-attacks. Cyber liability insurance can help cover the costs associated with a data breach or cyber attack, such as notification expenses, legal fees, and the cost of restoring or replacing lost data.



It’s important to note that cyber liability insurance is not typically included in a general liability policy, so you may need to purchase it separately. Contact us today to learn more about our cyber liability coverage for healthcare providers in Ohio!

If you or your employees use vehicles in the course of business, you need to make sure they are properly protected with commercial auto insurance. This type of coverage can help pay for medical costs and property damage resulting from an auto accident, as well as provide legal protection if you or a covered driver is sued. It can also cover uninsured motorists and personal injury protection, which can help protect you from losses due to an accident with an uninsured or underinsured driver.

The minimum liability insurance requirements for Ohio are 25/50/25, which means $25,000 in bodily injury coverage per person, $50,000 in bodily injury coverage per accident, and $25,000 in property damage coverage per accident. Be sure to purchase a policy that meets or exceeds the state’s minimum requirements so you can stay protected against potential financial losses due to an auto accident.

The cost of insurance for healthcare providers in Ohio will depend on a number of factors, including the type and amount of coverage you need. To get an accurate estimate, contact us today to speak with one of our experienced agents. We’ll take the time to understand your unique needs and help you find the right coverage at a price that fits your budget.

At Bellwether Insurance, we make it easy to compare quotes from multiple insurance providers and find the best coverage for your healthcare practice in Ohio. 



Our licensed agents can provide you with personalized advice and guide you through the process of selecting the right policy at a price that fits your budget. Contact us today to get started! We look forward to helping you protect your business.