Many physicians encounter workers comp insurance daily. While it might be common to examine a patient who has been injured on the job, it is less common to shop for doctors workers comp insurance. Buying adequate coverage for a medical practice poses a few challenges. Fortunately, by working with the right provider, virtually every doctor can find the right workers comp coverage to protect the practice and its personnel.
Choosing an Affordable Policy
Given their relatively small sizes and specific workplace hazards, medical practices are unique places. Because of this, many doctors struggle to find an affordable workers comp insurance policy. To do so, doctors seek providers who can offer fixed rates and information on keeping costs in check.
Keeping Costs in Check
To keep workers comp premiums low, many doctors choose to do the following:
- Reform Hiring Practices
- Conduct Safety Training
- Remove Unnecessary Workplace Hazards
- Conduct Drug and Alcohol Testing
- Investigate Jobsite Injuries
To be successful, a medical practice must meet patient expectations while mitigate potential liabilities. To safeguard against risks associated with staff illness and injury, many medical practice purchase doctors workers comp insurance. While selecting the appropriate level of coverage might seem challenging, it doesn’t have to be. By working with a good provider, doctors can protect their practices and their staff.