When you own a healthcare staffing firm, there are many things you have to take into account to succeed in pairing the right people with the right company. In addition to knowing about the healthcare industry and learning which types of people work well in various sectors, you also need to know about the liabilities of your operations.
Healthcare Staffing Concerns
There are many risks associated with working in the healthcare industry, but as a staffing company, you face additional liabilities over the way you operate your business, provide employee benefits or address client contracts. There are a number of healthcare staffing insurance programs that can cover key exposures. They include:
- Workers’ compensation
- Hired and non-owned auto
- Professional liability
- Fidelity bond or third-party crime coverage
- Cyber liabilities
- General liability
Comprehensive, Affordable Options
No company should budget constraints as an excuse to avoid purchasing the right insurance plan. Premiums are calculated on a number of factors, and in many cases, working with a broker can help identify ways to reduce the costs through a risk management approach.
Dealing with a claim related to an employee or consumer situation can run into thousands or hundreds of thousands of dollars. A comprehensive insurance approach to the unique liabilities of your staffing company is an affordable way to prevent significant financial hardship down the road.