Reduce the Risks of Providing Healthcare Services
No matter what type of service you provide, we understand how critical it is, and we want to help protect you against the risks your business faces.
Know Your Business Risks
Our clients face healthcare risks that can include:
- Patient Handling
- High Employee Turnover
- Cutbacks from state funding
- Wage and Hour Issues
What We Do for You
Not all risk advisors and brokers truly understand health care operations. See how we helped a home health care organization, simply by taking the time to accurately understand the services they provided:
What was the situation?
The client had been with the same advisor and workers’ compensation insurance company for 10+ years. They had been misclassified in several areas for workers’ compensation class codes and were paying higher rates than they should have been.
What did we do?
We first conducted an extensive review of the client’s workers’ compensation class codes. By gaining a comprehensive understanding of the client’s unique operations, we worked with the insurance company to have the employees correctly classified, and negotiated a retroactive premium return from being misclassified over several years.
What did the client get?
The client recouped more than $100,000 in return premium from workers’ compensation insurance company. They also enjoyed annual premium savings and the implementation of appropriate safety programs for their employees due to the new, accurate classification codes.
Need more information? We have lots of resources designed to help you navigate what you need for your particular industry.