Diagnostic Testing Laboratories

What Does GL Code 46112 Cover?

ISO GL class code 46112 covers diagnostic testing laboratories that perform various analyses on biological samples to aid in the diagnosis, treatment, and prevention of diseases. This includes operations involving clinical pathology, anatomical pathology, molecular diagnostics, and toxicology testing. The code classifies businesses providing essential medical testing services to healthcare providers and patients.

Who Uses This Class Code?

This code applies to a range of specialized facilities such as clinical laboratories, pathology labs, medical testing centers, and independent diagnostic facilities. Businesses like Quest Diagnostics, LabCorp, and smaller local diagnostic centers would fall under this classification. It also includes specialized labs focusing on areas like genetic testing, microbiology, and immunology.

Common GL Claims for This Class

Common claims for diagnostic testing laboratories include bodily injury resulting from incorrect test results leading to delayed or improper treatment, and property damage caused by spills of hazardous biological materials or chemicals within the facility.

Coverage Tips for Code 46112

• Ensure your policy includes professional liability (Errors & Omissions) coverage, as diagnostic errors can lead to significant claims separate from general liability.
• Verify that your general liability policy explicitly covers bodily injury and property damage arising from faulty test results or misdiagnosis, which can be a common exclusion.
• Be aware of audit exposures related to gross receipts; maintain meticulous records to accurately report revenue and avoid unexpected premium adjustments.
• Confirm compliance with Florida's Agency for Health Care Administration (AHCA) licensing requirements, as non-compliance can impact insurability and claim payouts.