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One Safety Measure That All Blood Plasma Banks Should Take

Can blood plasma donation be dangerous? Can it result in litigation? Plasma is a yellow liquid that consists of mostly water and some proteins. While there’s a potential risk to the donor plasma and plasma recipients, there are routine safety measures taken by the medical staff and hospital to protect both parties. After donating, however, the donor may feel sick and be more susceptible to the flu and other common colds. Yet there are other hazards, as evidenced by lawsuits.

A plasma company conducted an initial screening of a donor’s blood and plasma to determine whether or not he was a good fit. He signed an “informed consent” form and was told that if his test comes back positive, he should consult his doctor. His test came back positive for HIV. He went to his doctor, who retested him and found him to be HIV positive. The result — he sued the plasma donation bank for negligence and breach of fiduciary duty.

Another case: a woman was placed on a one-year list of banned plasma donors after a worker pricked himself with a needle, then used the same needle on her. She sued the plasma center for $10,000, including $3,800 in lost income — the amount of money she says she would have made in a year if she hadn’t been placed on the banned-donor list.

Whatever the outcome, the cost of litigation can be high — and it can cost you your shirt. That’s why it’s critical that you have specialty liability insurance from XINSURANCE offered by Evolution Insurance Brokers, an excess and surplus lines brokerage. As a full-service excess and surplus lines brokerage with more than four decades of experience, XINSURANCE offers flexible underwriting, risk management expertise, and outstanding claims results for difficult risks, with consideration for good risk management practices.

Fact is, in addition to the routine measures you take to protect patients, blood plasma banks should invest in specialty liability insurance from XINSURANCE to protect themselves. For more information, contact us at 877.585.2853 or info@xinsurance.com.

 


Rick LindseyAuthored by Rick J. Lindsey, President, Chairman, and CEO of XINSURANCE Rick J. Lindsey hails from Salt Lake City, Utah. He began working in the mailroom of his father’s Salt Lake City insurance firm, getting his introduction to the business that became his lifelong career. Rick J. Lindsey quickly rose through the ranks while working in nearly every imaginable insurance industry job. As an entrepreneur, specialty lines underwriter, claims specialist, risk manager, and a licensed surplus lines broker, Rick J. Lindsey is highly skilled in all levels of leadership and execution. As he progressed on his career path, Rick J. Lindsey discovered an urgent need for insurers willing to write policies for high-risk individuals and businesses. He was frequently frustrated that he could not provide the liability protection these entities desperately needed to safeguard their assets. He also formed the belief that insurance companies acted too quickly to settle frivolous claims. Rick J. Lindsey decided to try a different approach. He started an insurance company and became the newly formed entity’s CEO. This opportunity has enabled Rick J. Lindsey to fill a void in the market and provide a valuable service to businesses, individuals, and insurance agents who write high-risk business. XINSURANCE also specializes in helping individuals and businesses who live a lifestyle or participate in activities that make them difficult for traditional carriers to insure. If you’ve been denied, non-renewed, or canceled coverage, don’t give up quite yet. Chances are XINSURANCE can help.