Imagine the worst happens. You’re performing a routine venipuncture, something you’ve done regularly over the past 15 years of your career as a medical practitioner. But, this time, as you withdraw the needle from the patient, their arm slaps against yours and the needle cuts through the latex and into your finger. You follow the hospitals needle-stick injury protocol and report the incident. Now you must endure the harrowing process of testing for serious diseases like HIV, and Hepatitis B & C.
Now imagine being told that sero-conversion has occurred. Nothing can take back this accident. What might help is knowing that yourself, and your family, can be taken care of financially into the future.
A number of insurance companies include special cover for needle-stick injuries like this one via their income protection policies. By choosing to have the needle-stick option included in your policy you can be protected financially in the event you contract serious diseases like HIV, and Hepatitis B or C.
Many companies offer a benefit of up to a million dollars, with the amount generally based on the reduction in your income at the date of loss (and payable after completion of the waiting period). But, the structure of the policy, along with the amount of cover can vary between companies so it is important to discuss your options with an insurance advisor prior to deciding which option is best for you.
*Studies have demonstrated that there are a high percentage of unreported needle-stick accidents occurring amongst health care workers. While the industry is working to improve preventative measures, our medical practitioners deserve the peace of mind of knowing they are at least covered with the right insurance policy in case the worst occurs.
If you work in the medical industry and have any questions or concerns about your level of cover, please call us to speak to one of our qualified consultants.