Healthcare Staffing
-Workers’ Compensation
Protecting your workers from workplace injury is vital, not only to their health, but to the health of your business as well. A solid workers’ compensation program doesn’t just provide insurance coverage in case of injury or death, but goes far beyond that offering educational and support functions designed to help reduce the number of workplace injuries and limit your financial liability in the event of such an incident.
At Barrow Group, our Healthcare Staffing experts believe the best way to reduce workers’ compensation costs is to reduce the number of claims. To that end, we provide in-depth consultation to each healthcare staffing industry client. We spend time analyzing and evaluating the types of jobs your caregivers do and the specifics of the host sites where they will be placed. From hospice to home health care, every workers’ comp policy is tailored to the specific needs of each healthcare staffing client.
Benefits of Working With Barrow Group
Our personalized consultative approach to customer care includes:
Experience modification review and forecasting
Workers’ Compensation classification analysis
Risk management & safety procedures education
OSHA best practices training
OSHA report and audit guidance
Return-to-Work implementation
Drug-free Workplace programs
Claims advocacy
Monthly reporting assistance
Deductible analysis
Healthcare Staffing Frequently Asked Questions
1) Do you work with medical staffing agencies?
Definitely! We specialize in healthcare staffing agencies, and, therefore, have relationships with a wide range of insurance carriers. We take pride in our ability to shop insurance providers to find you the best coverage at the lowest price.
2) What will the insurance process be like?
We email our requirements to you. This includes:
- Application
- Client Services Agreement
- Resume
- Prior insurance (if applicable)
Once you complete and return the documents, we schedule a short call to go over the requirements, application and answer any questions you may have.
3) How expensive is it?
Like any insurance premium, there are several factors that go into the cost. Some of these include:
- Work location
- Payroll
- Services provided, etc.
Insurance carriers determine your specific risk and insurance needs based on the type of jobs you are placing and where you are placing your workers. Also, the policy limits will affect the cost.
4) Do I need workers compensation if my nurses are independent contractors?
First you need to determine if the employee is an independent contractor or an employee of the organization. Regulations vary from state to state. To help you classify your 1099 (independent contractors) from your employees the Fair Labor Standards Act (FLSA) looks at the following:
- Worker states that they are in business for themselves.
- Worker determines what they will charge for the work they provide.
- The worker has flexibility as to when a job can be performed.
- Does the worker engage in marketing or advertising to expand their business?
- Does the worker hire and fire people that work for them?
If you hire a 1099 employee, you need to provide workers’ compensation insurance for them and your W-2 employees. However, you do not need to provide work comp coverage to contract employees/1099s if they provide a Certificate of Insurance showing they carry their own work comp coverage.
Our Certified Risk Manager (CRM) can provide on-site safety training which includes OSHA best practices. We can also provide information on host-site safety and give you access to a variety of materials to share with both your employees and their host managers. Alternate employer endorsements are provided to ensure your clients they are protected against liability in the unfortunate event of a workplace injury or death.
Barrow Group’s healthcare staffing industry experts will provide a proactive claims and loss analysis management program. To learn more about this program and how Barrow Group has helped clients reduce their number of claims and lower their experience rating, visit our Case Studies page.
To get started on receiving a Workers’ Compensation insurance quote for your healthcare staffing firm, fill out the form on the right.
Schedule a Consult
We would love to talk with you about your insurance needs. Fill out the form below and we’ll be in touch shortly to set up a time for a consultation.