Professional Liability Policy Basics

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Note:  The following article synopsis was NOT provided by BC Advantage. It was created by Find-A-Code/innoviHealth.

Article Overview

This article explains the basics of professional liability insurance, also known as Errors and Omissions coverage, for medical billing and coding professionals. It discusses the kinds of risks such coverage is meant to address and highlights common policy features that readers should review when comparing policies. The piece is useful for billers, coders, practice owners, and others evaluating whether a policy’s wording and scope fit their professional exposures.

Why This Topic Matters

Professional liability coverage can be an important safeguard for medical billing and coding professionals facing allegations tied to their work. Understanding the main policy components helps readers compare options and assess whether a policy is aligned with their business risks.

What You Will Learn

  • What professional liability insurance is intended to cover
  • Why this type of coverage is distinct from general liability insurance
  • Which policy terms are commonly reviewed when comparing options
  • Why policy wording matters when evaluating coverage fit

Who Should Read This

  • Medical billers
  • Medical coders
  • Billing company owners
  • Practice managers
  • Independent contractors in revenue cycle or coding roles

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