What Are the Exclusions on a General Liability Insurance Policy?
Regardless of what type of business you’re in, having a general liability insurance plan in place is your first line of defense against many risks associated with owning a business. Even if you’re self-employed, this type of coverage simply makes sense. However, it does have certain limitations. It’s important to be educated about exactly what…
Read MoreIs Administrative Staff Covered by Medical Malpractice Insurance?
A spectrum of medical tasks can lead to negligence that causes patient harm, from a physician’s misdiagnosis to mislabeled medication. Administrative staff can even be found liable due to the diverse nature of their work. This makes malpractice insurance (also known as professional liability) a necessity for all team members, even if a patient lawsuit…
Read MoreGeneral Liability and Workers’ Comp: What’s the difference?
If you’re a business owner, you need to protect yourself against lawsuits and other professional liability issues. Taking out adequate insurance can ensure your financial wellbeing, no matter what happens. But what types of policies do you need, and what do they protect against? In today’s post, we’ll go over general liability insurance and workers’…
Read MoreHow Much Is Professional Liability Insurance? 6 Factors That Affect Price
Do you own a small business, mental health practice, or other type of company? If so, you could benefit greatly from paying for professional liability insurance. Professional liability insurance—also known as medical malpractice insurance (for medical professions)—can help protect you in the face of a lawsuit. If you’re wondering, “How much is professional liability insurance?”…
Read MoreWhat to Know About Multi-State Healthcare Licensure
Traditionally, healthcare professionals have selected a single state to call home, completed licensure for that state, and spent many years residing and practicing there. Complex, expensive and time-consuming licensing requirements discouraged healthcare workers from trying to practice in more than one state. However, all that changed in 2020 during the global coronavirus pandemic. Delivering needed…
Read MoreWhat are Key Compliance Issues in Home Healthcare?
Government regulations and compliance rules are designed to protect patients, home healthcare providers, insurance companies, and taxpayers. They are typically focused on organizations providing and billing for appropriate levels of care and preventing fraudulent claims. In order to stay in business and avoid legal battles or compliance penalties or fines, home healthcare organizations should stay…
Read MoreThe Home Hospital: What Is It and How Will It Affect Future Care?
As the general population continues to age and live longer, the healthcare system will face increased demands on its services. Long-term chronic health problems as well as ongoing acute care will stress an already over-taxed system. There has already been a significant shift from inpatient to outpatient procedures as well as shorter in-hospital recovery times…
Read MoreHow to Find Affordable Professional Liability Insurance for Home Health Providers
When it comes to protecting your business, the professional liability insurance policy you select is critical. Home health providers face a significant risk of being sued for malpractice in the event there’s an accident or error made during the care of a patient. Fortunately, you can find affordable and simple liability insurance that will protect you…
Read MoreSupporting Providers in the Age of Telehealth
It’s a Matter of Experience Before the age of COVID-19, telehealth technologies were sparsely used and akin to “another cool development” for most healthcare providers. Lovers of technology may have been fascinated with the potential of telehealth while old-schoolers preferred to keep things just the way they’ve worked for years. Medicare, Medicaid and insurance companies…
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