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Insurance is one of the most crucial yet misunderstood aspects of running a ketamine clinic. Many medical professionals assume their existing malpractice coverage extends to ketamine therapy, only to discover costly gaps when it's too late.
In this essential episode of the Ketamine StartUp Podcast, Sam sits down with Canyon Clifton, a specialist insurance agent whose family business (Clifton Insurance Agency, Inc) has been serving medical professionals since 1982 and has become a leading expert in ketamine clinic coverage.
Canyon shares insider knowledge about coverage requirements, common mistakes, claims processes, and strategic insurance planning that every ketamine clinic owner needs to understand.
This conversation provides practical guidance for protecting your practice, your assets, and your professional future in the evolving ketamine therapy landscape.
What You’ll Learn:
・The biggest insurance mistakes ketamine clinic owners make and how to avoid them
・Essential coverage types beyond malpractice: cyber liability, business interruption, and property insurance
・Real-world claims processes and how to protect your practice from costly litigation
Episode 34 show notes:
00:00 Teaser - Don't Forget to Update Your Insurance
00:38 Welcome to the Ketamine Startup Podcast
01:30 Meet Canyon Clifton
02:12 Common Insurance Mistakes in Ketamine Clinics
03:15 Understanding Insurance Policies and Coverage
07:05 Admitted vs. Non-Admitted Insurance Carriers
11:48 Essential Insurance Types for Ketamine Clinics
14:11 Additional Insurance Enhancements
15:48 Niche Market Focus
18:27 Handling Insurance Claims and Lawsuits
22:01 Risk Mitigation and Patient Care
24:15 The Legal Process Post-Lawsuit
29:14 The Hammer Clause and Settlement Decisions
36:43 Understanding Lawsuits in Ketamine Therapy
37:30 Choosing the Right Insurance for Your Practice
38:04 The Importance of Reading Your Insurance Policy
38:53 Working with Insurance Agents and Brokers
40:06 Preparing for Insurance as a New Ketamine Clinic
41:09 Simplifying the Insurance Application Process
46:21 Commercial Business Liability and Fire Scenarios
57:54 Rapid Fire Questions with Canyon
01:02:46 Conclusion and Contact Information
Thanks for listening
Connect with Canyon at:
Clifton Insurance Agency Website - Mention “Ketamine StartUp” and receive FREE quotes & exclusive policy discounts.
Phone: 877-212-4368
Clifton Insurance Agency | LinkedIn
Clifton Insurance Agency | Instagram
Follow us on
YouTube
Ketamine StartUp Website
🚀Want to fast track launching your ketamine clinic? If so, download our free checklist.
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1010 ratings
Insurance is one of the most crucial yet misunderstood aspects of running a ketamine clinic. Many medical professionals assume their existing malpractice coverage extends to ketamine therapy, only to discover costly gaps when it's too late.
In this essential episode of the Ketamine StartUp Podcast, Sam sits down with Canyon Clifton, a specialist insurance agent whose family business (Clifton Insurance Agency, Inc) has been serving medical professionals since 1982 and has become a leading expert in ketamine clinic coverage.
Canyon shares insider knowledge about coverage requirements, common mistakes, claims processes, and strategic insurance planning that every ketamine clinic owner needs to understand.
This conversation provides practical guidance for protecting your practice, your assets, and your professional future in the evolving ketamine therapy landscape.
What You’ll Learn:
・The biggest insurance mistakes ketamine clinic owners make and how to avoid them
・Essential coverage types beyond malpractice: cyber liability, business interruption, and property insurance
・Real-world claims processes and how to protect your practice from costly litigation
Episode 34 show notes:
00:00 Teaser - Don't Forget to Update Your Insurance
00:38 Welcome to the Ketamine Startup Podcast
01:30 Meet Canyon Clifton
02:12 Common Insurance Mistakes in Ketamine Clinics
03:15 Understanding Insurance Policies and Coverage
07:05 Admitted vs. Non-Admitted Insurance Carriers
11:48 Essential Insurance Types for Ketamine Clinics
14:11 Additional Insurance Enhancements
15:48 Niche Market Focus
18:27 Handling Insurance Claims and Lawsuits
22:01 Risk Mitigation and Patient Care
24:15 The Legal Process Post-Lawsuit
29:14 The Hammer Clause and Settlement Decisions
36:43 Understanding Lawsuits in Ketamine Therapy
37:30 Choosing the Right Insurance for Your Practice
38:04 The Importance of Reading Your Insurance Policy
38:53 Working with Insurance Agents and Brokers
40:06 Preparing for Insurance as a New Ketamine Clinic
41:09 Simplifying the Insurance Application Process
46:21 Commercial Business Liability and Fire Scenarios
57:54 Rapid Fire Questions with Canyon
01:02:46 Conclusion and Contact Information
Thanks for listening
Connect with Canyon at:
Clifton Insurance Agency Website - Mention “Ketamine StartUp” and receive FREE quotes & exclusive policy discounts.
Phone: 877-212-4368
Clifton Insurance Agency | LinkedIn
Clifton Insurance Agency | Instagram
Follow us on
YouTube
Ketamine StartUp Website
🚀Want to fast track launching your ketamine clinic? If so, download our free checklist.