Ketamine Therapy Medical Malpractice Insurance Coverage for Healthcare Providers

Ketamine is one of the fastest-growing treatment options for patients with mental health and chronic pain conditions. However, since ketamine therapy may require off-label use, medical doctors, clinics, and other healthcare providers must have ketamine therapy medical malpractice insurance coverage to shield them from this specific risk.

HCP National has been “the healthcare industry’s insurance broker” since 1994. We’re also proud to be the nation’s largest certified minority-woman-owned insurance brokerage.

Whether you practice in-person or virtually (telehealth), we can help you obtain affordable, comprehensive ketamine therapy medical malpractice insurance.

Ready to get started? Request your Ketamine insurance quote now.

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Why Do Practitioners Need Ketamine Therapy Insurance?

Ketamine has been used as a quick-acting anesthetic since the 1970s, but in 1999 it became a Schedule III non-narcotic substance. It currently has FDA approval for anesthesia and short-term sedation.

In addition, the FDA recently approved Spravato®, a nasal spray version of the S(+) enantiomer of ketamine (esketamine) for treatment-resistant depression; it is only available through certified physicians and clinics. 

Although therapeutic ketamine treatments are showing promise, their use is not widely approved for supporting patients with chronic pain, mental health, and other conditions.

For this reason, ketamine infusions and other ketamine-based therapies require healthcare providers to have specific and comprehensive medical malpractice insurance coverage.

HCP National is here to assist medical practitioners, clinics, and healthcare providers obtain affordable, comprehensive ketamine therapy medical malpractice insurance. Request a quote now!

What is Ketamine Therapy Insurance?

Ketamine therapy insurance enables healthcare professionals to provide patients with a range of ketamine treatments while shielding them from medical liability.

Ketamine medical malpractice insurance may cover:

  • Nasal spray medication (including Spravato®/esketamine)
  • Oral ketamine pills and medication
  • Intravenous therapy (IV therapy)
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What Does Ketamine Therapy Med Mal Insurance Cover?

For patients who have complex mental health conditions such as treatment-resistant depression, PTSD, and other mood disorders, ketamine treatments can provide comfort where other prescription drugs fail to.

Ketamine therapy malpractice insurance can cover healthcare professionals and clinics that support patients with ketamine treatment options either in-person or virtually (telehealth).

Limitations exist; we are happy to discuss your options for covering ketamine infusions, nasal, and oral therapy with you. Please contact us to discuss your requirements today.

How Much Does Ketamine Medical Malpractice Insurance Cost?

The cost of ketamine medical malpractice insurance varies from one healthcare provider to the next, based on a variety of factors. To provide you with a ketamine medical malpractice insurance quote, insurance companies must first review your insurance application to understand the risk.

To determine the risk associated with practicing ketamine therapy, insurers may ask (for) the following:

  • A copy of the insured’s prescribing protocol, including the first dosage administered and quantities prescribed at once
  • What clinical oversight is provided (virtually or in-person), what the qualifications and experience of the prescribing and overseeing clinicians are, and what the percentage of consultations are that undergo peer review
  • Full details on the form(s) of ketamine prescribed (e.g. FDA-approved treatments such as Spravato® ketamine nasal spray and non-FDA-approved treatments such as ketamine therapy via IV or oral pill)
  • Details of the insured’s aftercare protocols – including confirmation that patients are barred from driving for at least two hours after administration – and follow-up care
  • Detail of the insured’s patient intake questionnaire – which should confirm that no patients with histories of alcoholism or drug abuse are treated
  • Confirmation that no take-home ketamine therapy medications are prescribed
  • Confirmation of how the insured stores and secures ketamine therapy medication to prevent abuse and/or hoarding

Insurance companies can only provide quotes for ketamine infusion malpractice insurance after reviewing a potential insured’s insurance application.

Ready to get started? Request a quote now.

Purchase Ketamine Medical Malpractice Coverage

Therapeutic ketamine treatments are becoming increasingly popular to care for patients with chronic pain, mental health, and other conditions. However, since ketamine infusion therapy may require off-label use, healthcare providers must ensure that their medical malpractice insurance policies shield them from medical liability. 

Founded in 1994, HCP National Insurance Services, Inc. (HCP) is “the healthcare industry’s insurance broker.” We can help you obtain comprehensive and affordable ketamine infusion therapy malpractice insurance.

We’re also proudly the largest certified minority-woman-owned (WBENC & MBE) insurance agency in the United States. 

Ready to get started?

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Get Started.
Request a Quote.

Since 1994 – HCP’s top priority is finding clients the best possible coverage and terms at the lowest possible cost. HCP is a certified diverse (MBE & WBENC) insurance brokerage.

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