Insurance Coverage for Hospice Facilities

Insurance Coverage for Hospice Facilities

hospice business insurance programs

Operating a hospice means offering supportive and palliative care to patients and their family during what is often a traumatic situation. The care received at a hospice may include pain management, family coaching on patient care, short-term inpatient care, bereavement care, and emotional, psychological or spiritual support. While important, each of these carries a risk of certain exposures which hospice business insurance programs can cover. This coverage is a good way for a facility to protect its employees.

Other claims handled in hospice insurance can include scenarios involving daily activities at the facility. These include accidents due to falls or slips, alleged billing abuse, errors of omission, wrongful termination, data violations, negligence and automobile usage to and from the facility. The size and scope of a facility impacts which coverages are needed and in what amount. Coverage for any possible issues can save a hospice on future budgeting concerns and the stress associated with them.

Tailored coverage for hospice facilities is possible with hospice business insurance programs. Coverage for employee exposure or accidents involving misuse, error or negligence are important when lives on are the line. Whether to cover employee related suits or patient related ones, hospice insurance provides a measure of safety that reduces stress and out of pocket costs.