Vision insurance specifically covers routine eye care services such as exams, glasses, and contact lenses.
Verifying insurance benefits ensures that the services provided will be covered by the patient's insurance plan, minimizing the risk of non-payment.
Professional liability insurance, also known as malpractice insurance, protects optometrists from lawsuits alleging negligence or errors in patient care.
Property insurance covers the loss or damage to business property, including ophthalmic equipment, due to events like fire.
Vision insurance usually covers routine eye care but not surgical procedures, which are typically covered by health insurance.
Cyber liability insurance provides protection against losses resulting from data breaches, cyber-attacks, and other cybersecurity issues.
A third-party administrator handles the administration of insurance plans, including processing claims and managing benefits.
An umbrella insurance policy provides additional coverage limits beyond those of the primary insurance policies, offering extra protection against large claims.
A business owner's policy typically includes property insurance and general liability insurance, covering physical assets and general business liabilities.
Employment practices liability insurance protects against claims made by employees for issues such as discrimination, wrongful termination, and harassment.
Workers' compensation insurance is mandated by law to provide benefits to employees who suffer work-related injuries or illnesses.