specialty insurance for the healthcare industry
With specialty insurance for the healthcare industry, hospice facilities get the protection they need to do the job right.

Continually Managing Risk in a Hospice Facility

Hospice facilities provide a tremendously valuable service to ailing patients and their families. To work effectively in hospice care, healthcare professionals must have some special skills. Because the work also has some special risks, hospice care facilities generally opt to buy specialty insurance for the healthcare industry.

Managing Risk

Hospice facility managers face many challenges and legal risks. Since hospice facilities provide care during the final stages of life, healthcare professionals there often make medical decisions that providers in other facilities can avoid. These decisions often expose hospice workers to unique legal challenges. To manage these risk, hospice facilities work with insurance providers to supplement basic levels of coverage.

Unique Coverage

For comprehensive protection, hospice facilities choose coverage unique to their healthcare niche. While each facility must decide on what insurance plan is right, many hospice managers elect for the following types of coverage:
  • Facility Liability Protection
  • Medical Professional Liability Protection
  • Volunteer Liability Protection
  • Director Liability Protection
Additionally, many hospice center directors choose to combine property insurance, general liability coverage, and other business insurance into their comprehensive protection package. As hospice care facilities strive to provide compassionate, competent care to their patients, they face a variety of legal risks. By working with a skilled, industry-specific insurer, these facilities continually manage an ever-changing risk landscape. With specialty insurance for the healthcare industry, hospice facilities get the protection they need to do the job right.  

About the author

Kraft Writer

View all posts