Leading professional liability insurance for healthcare providers with 40+ years experience and coverage for 20+ professions.
The leading malpractice insurer for psychiatrists, endorsed by the American Psychiatric Association for 40+ years.
What It Is
HPSO
Leading professional liability insurance for healthcare providers with 40+ years experience and coverage for 20+ professions.
PRMS
The leading malpractice insurer for psychiatrists, endorsed by the American Psychiatric Association for 40+ years.
Primary Category
malpractice-insurance
malpractice-insurance
Primary Category
HPSO
malpractice-insurance
PRMS
malpractice-insurance
Founded
Unknown
Unknown
Founded
HPSO
Unknown
PRMS
Unknown
Best For
Mental health counselors and therapists; Psychiatric nurses and NPs; Healthcare professionals wanting established carrier
Psychiatrists in private practice; Forensic psychiatrists needing expert witness coverage; Psychiatrists prescribing ketamine or doing ECT
Best For
HPSO
Mental health counselors and therapists; Psychiatric nurses and NPs; Healthcare professionals wanting established carrier
PRMS
Psychiatrists in private practice; Forensic psychiatrists needing expert witness coverage; Psychiatrists prescribing ketamine or doing ECT
Pricing
Starting Price
~$150/year
~$2,000/year
Starting Price
HPSO
~$150/year
PRMS
~$2,000/year
Pricing Model
flat-annual
flat-annual
Pricing Model
HPSO
flat-annual
PRMS
flat-annual
Free Trial
No free trial
No free trial
Free Trial
HPSO
No free trial
PRMS
No free trial
Pricing Details
Premiums vary by profession, hours worked, coverage limits, and state. Online quotes available. Mental health professionals typically pay $200-500/year.
APA members receive preferred rates. Premiums vary by state, procedure mix (ECT, ketamine), forensic work, and coverage limits. Psychiatrist premiums are generally higher than non-prescriber mental health professionals due to medication liability.
Pricing Details
HPSO
Premiums vary by profession, hours worked, coverage limits, and state. Online quotes available. Mental health professionals typically pay $200-500/year.
PRMS
APA members receive preferred rates. Premiums vary by state, procedure mix (ECT, ketamine), forensic work, and coverage limits. Psychiatrist premiums are generally higher than non-prescriber mental health professionals due to medication liability.
Compliance & Security
HIPAA Compliant
No
No
HIPAA Compliant
HPSO
No
PRMS
No
BAA Available
No
No
BAA Available
HPSO
No
PRMS
No
SOC 2 Certified
Unknown
Unknown
SOC 2 Certified
HPSO
Unknown
PRMS
Unknown
HITRUST Certified
Unknown
Unknown
HITRUST Certified
HPSO
Unknown
PRMS
Unknown
Features
Mobile App
No
No
Mobile App
HPSO
No
PRMS
No
Mental Health Specific
No
Yes
Mental Health Specific
HPSO
No
PRMS
Yes
Integrations
Total Integrations
None listed
None listed
Total Integrations
HPSO
None listed
PRMS
None listed
Support & Fit
Practice Sizes
Solo, Small (2-10), Medium (11-50)
Solo, Small (2-10), Medium (11-50)
Practice Sizes
HPSO
Solo, Small (2-10), Medium (11-50)
PRMS
Solo, Small (2-10), Medium (11-50)
Customer Base
Unknown
Unknown
Customer Base
HPSO
Unknown
PRMS
Unknown
Ready to Get Started?
Visit these tools to learn more or request a personalized demo.