To be credentialed with Grow Therapy, providers must have individual professional liability insurance, sometimes called individual malpractice insurance, as outlined in the Credentialing Policies and Procedures. Providers will only be permitted to see clients or bill for services with proper coverage.
đTIP: Looking to update the malpractice insurance you have on record? Jump to this section of the article for more information.
Requirements
When starting the credentialing process with Grow Therapy, you must submit proof of your professional liability insurance by providing your Certificate of Insurance (COI). All professional liability coverage plans include a COI. Insufficient COIs are one of the biggest reasons the credentialing process can get held up, so please make sure your COI meets the following requirements:
Your current COI will not expire within 60 days of submitting it to Grow Therapy as part of the credentialing process.
Your name is listed under âName insuredâ on the COI document.
If you have a COI through your business, you must also be listed as the owner
Malpractice coverage minimum limits must be at least $1 million per incident and $3 million aggregate for all providers except:
Nurse Practitioners in CA and FL can have limits of $100K/$300K
Nurse Practitioners in IN can have limits of $500K/$1.5M
Recommendations
Grow Therapy recommends CPH & Associates for obtaining malpractice insurance as this is the quickest and most affordable option for most providers.
Update your malpractice insurance
Most Certificates of Insurance (COI) expire annually. Youâre required to maintain a current COI that meets the requirements outlined above throughout your time working with Grow Therapy. If you do not have an updated COI on file with Grow Therapy, you will not be permitted to see clients or bill for services provided.
Grow Therapy will alert providers 30 days and 7 days before their COI expires. Failure to produce an updated document before its expiration may result in dismissal. You can submit your updated COI by selecting the button below.
After you submit an updated malpractice insurance document, you should receive a confirmation email within 72 hours. Please be sure to check your spam folder, as this confirmation email may have been routed there.