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