Home Health Care includes a wide variety of health services such as physical therapy, speech therapy, and home health aide that is provided in the comfort of the patient’s home. The risks such organizations face are myriad and complex, which is why we offer custom tailored Home Health Care Insurance programs that include General Liability, Errors & Omissions, Property, Crime, Business Auto, Workers’ Comp and more.
Home health care organizations should be at low risk for liability on premise as they have few visitors to the office. However, they do need protection from third-party claims and lawsuits. that may stem from injuries that take place in the office or if an employee is responsible for damage to a client’s property.
The primary Workers’ Compensation risks for home health care operations are the health problems that could result from unsafe handling of medical equipment or contracting serious disease or illness that can be traced directly to the work environment or a patient. Worker’s Comp will pay the medical costs incurred as well as wages lost due to the injury or illness.
Also known as Errors & Omissions, this policy protects against claims of unprofessionalism or errors. This is a particular risk in the home health care industry where one of the primary professional duties is to move the patient and offer assistance with daily continence. A patient or their family could sue for damages on the basis of negligence or improper care. Even if the suit is groundless, the cost of defending against the allegations can bankrupt your business.
Risks for home health care providers may involve the transporting of patients to medical appointments. If employees drive their own cars for work purposes or drive vehicles rented by the company, consider adding a Hired and Non-Owned Auto Insurance policy. This will protect any vehicles not registered in your name or that you do not own.
Property damage risks include severe weather, fire and water damage to the office and its contents, including furniture and equipment. Property insurance also covers damage caused by natural disasters such as tornados and earthquakes, and even covers any loss of income if the business cannot operate while repairs to the building are being made.
Employee embezzlement and theft of property is covered by crime insurance. Computer savvy bookkeepers or other dishonest employees can circumvent the security controls to steal funds. Crime insurance also covers theft of client property by your employees.