Key findings include:

  • The average total incurred for professional liability claims is $157,492 (a 40% increase from the 2019 dataset).
  • The average license protection matter cost is $5,524
  • There was an increase of claims that occurred via telebehavioral health – through the use of virtual technology instead of the “traditional” office setting.
  • Telebehavioral health claims demonstrated the potential for high severity loss exposures with an average total incurred of $317,516.
  • There was an increase of evaluation, assessment, and interpretation claims, which incurred an average total loss of $460,671.
  • Sexual misconduct, failure to maintain professional standards, and breach of confidentiality most frequently led to licensing board complaints.
 

Risk Control Spotlights:

  • Defending Your License
  • Non-Sexual Boundaries – coming soon!
  • Telebehavioral Health – coming soon!
  • Liability Risks for Business Owners and Supervisors – coming soon!
  • Managing Clients in Crisis – coming soon!
  • Wellbeing and Provider Mental Health – coming soon!
  •  Documentation – coming soon!
 

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