Your nursing home administrators are likely aware of many of the risks they face in the course of their business; employee liability risks due to overworked staff, workers comp claims due to slips and falls, or even property damage caused by an employee, resident, or natural disaster. One coverage your clients may not necessarily consider, but is vitally important, is Nursing Home Professional Liability Insurance. Professional liability insurance from K&B Underwriters covers your client on an incident-sensitive basis if they are sued..
Prescription drugs have often been the go-to solution for symptoms related to conditions such as dementia and Alzheimer’s. Senior citizens who have these diseases typically suffer from behavioral and psychological problems such as restlessness, aggression, delusions, hallucinations, sleep disturbances, and more, as a result. While nobody can deny the importance and success of anti-psychotic drugs as an effective treatment for these symptoms, opponents are questioning the overall necessity of these drugs. Could overuse cause Nursing Home Liability Risks for your clients?
While elderly dementia patients..
Security cameras are certainly not a new concept; we see them in businesses, shopping malls, hospitals, Dr. Offices, etc. However cameras can serve a much deeper purpose that just security monitoring, especially in the senior living industry, a fact that is not lost on California assisted living leaders.
While the California Department of Social Services keeps a very watchful eye on individual residents’ right to grant permissions for recording devices being set up in private rooms, they..
What should an effective risk management strategy look like for a nursing home? No matter what type of business is being run, all risk management strategies much start with a solid plan. Your nursing home administrator clients should have a few pertinent items included in their plan, such as:
- A rundown of their individual risks
- A classification for each risk based on their likelihood and impact
- An assessment of their current security controls
- A plan of action
Once this plan is in..
Whether they run a nursing home, facilitate a CCRC, or work at an assisted living facility, your clients have a tough job when it comes to retaining staff. The nursing home and healthcare industry are one of the roughest industries when it comes to employee turnover, due to the effect that stress can have on an aide or another employee. They are met with not only intense physical demands day-to-day, but mental and emotional ones as well.
In April 2007, former nursing home administrator Philip DuBois was in a tragic accident that required rehabilitation at the very nursing home he was the administrator for. During this time, he got first-hand experience in how residents and patients were treated. He discovered that the attitude of many nurses and staff members was that they were just there to care for residents and check off their duties like tasks on a list, rather than caring about the residents, which..
As reported on senior living website McKnights.com, residents of continuing care retirements centers are experiencing more unmet needs than residents of other assisted living facilities, or even their own homes.
According to research compiled by the University of Michigan and the Urban Institute, 42% of residents in assisted living have unmet needs for help with daily living activities. Author Vicki Freedman, Ph.D. notes that this statistic doesn’t necessarily mean that assisted living providers are failing to deliver on promised..
Your clients likely already understand that good communications between residents, their families, and care providers is central to quality care. This type of good communications provides valuable insight into the medical history and preferences of the resident, increases family involvement and satisfaction, and can certainly help to reduce complaints or even prevent lawsuits from occurring against your clients’ senior living facility.
In addition to communication with residents and families though, how do your clients communicate with each other? According to Dr. Eleanor..
Reston, VA, November 19, 2014 – K&B Underwriters, a national Program Administrator and wholesale insurance brokerage serving agents and brokers for senior living facilities, today announced it will partner with Freedom Specialty Insurance Company for its innovative DigniCARE insurance program. Freedom Specialty, based in New York City, is a highly successful business unit for Scottsdale Insurance Company, a division of Nationwide.
“K&B is proud to be a new partner with Freedom Specialty. The insurance operation has the financial strength and quality of service..
As an agent in the senior living sector, you understand how important it is to have appropriate risk management strategies in place within the nursing homes, assisted living facilities, and continuing care retirement centers you serve. Understanding some of the common nursing home problems that exist could help your clients, and therefore you, in solving issues before they become larger and create risk management issues.
The National Senior Citizens Law Center, which mainly advocates for lower-income older adults, recently..