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    Textbook of Urgent Care Management: Chapter 9, Insurance Requirements for the Urgent Care Center
    Textbook of Urgent Care Management: Chapter 9, Insurance Requirements for the Urgent Care Center
    Textbook of Urgent Care Management: Chapter 9, Insurance Requirements for the Urgent Care Center
    Ebook27 pages20 minutes

    Textbook of Urgent Care Management: Chapter 9, Insurance Requirements for the Urgent Care Center

    By David Wood

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    About this ebook

    The Textbook of Urgent Care Management is now offering individual chapters for sale. The full book, provides an expert business consulting guide to potential or existing urgent care clinic owners, managers & operators as well as investors. Learn how to more effectively run your immediate care or walk-in center as well as start incorporating urgent care services into your existing primary care practice. The chapters cover valuable information from industry experts on how to start, manage, and even sell your urgent care center.

    Chapter 9 includes:

    Does My Clinic Need the Following Insurance Policies?
    - Medical-professional Liability Insurance
    - Business Insurance
    - Workers Compensation Insurance
    - Life and Disability Insurance

    Other Types of Insurance
    LanguageEnglish
    PublisherBookBaby
    Release dateMar 15, 2014
    ISBN9781940288314
    Textbook of Urgent Care Management: Chapter 9, Insurance Requirements for the Urgent Care Center

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      Book preview

      Textbook of Urgent Care Management - David Wood

      CHAPTER 9

      Insurance Requirements

      for the Urgent Care Center

      David Wood

      from

      CHAPTER 9

      Insurance Requirements for the Urgent Care Center

      David Wood

      WHETHER YOU ARE STARTING a new urgent care center or currently own one, arranging the various types of business insurance policies can seem challenging and complex. The types of insurance are organized into categories in this chapter so you can focus on the most important policies first and then determine when your budget allows you to purchase other types of insurance. You should consider purchasing all of these, though, as they are all important.

         Must-have insurance policies:

      • Medical-professional liability insurance (i.e., malpractice insurance)

      • Business insurance (property, general liability, auto, umbrella)

      • Workers’ compensation

      • Life and disability

         Might-consider policies:

      • Employment practices liability

      • Billing errors and omissions (E&O)

      • Employee benefits

      • Cyber-technology

         Not-sure-at-this-time policies:

      • Directors’ and officers’ liability

      • Fiduciary liability

      • Crime and fidelity

      • Outbreak expense

      Reviewing each type of coverage in detail is beyond the scope of this chapter. This chapter will get you started with the basics of the must-have insurance coverage. But please ask your insurance representative about the others that are listed.

      MUST-HAVE INSURANCE POLICIES

      Medical-professional Liability Insurance

      There are three sources of medical-professional liability insurance:

         Commercial insurers These can be found by using an insurance agent.

         Local mutual insurance companies These are normally the main in-state providers of medical-professional liability insurance.

         Risk retention groups (RRGs) These were

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