The U.S. Bureau of Labor Statistics (BLS) has projected that growth for home health care services from 2014-2024 would be nearly 5%, the highest among all industries. This translates into 760,400 new jobs over ten years. Some of these jobs are for home health aides and personal care aides while others are for a wide range of healthcare professionals, including registered nurses, physician assistants, nurse practitioners, a variety of therapists and other allied practitioners, and many clinical management roles.
That’s good news for the industry as well as for those of us who are committed to protecting the providers that make up home health care. Highland Risk Services, a national wholesaler focused in offering healthcare insurance solutions, is available to support our agency partners’ continued efforts to expand your footprint in this dynamic growth industry.
What is Home Health Care?
Home health services include personalized health care and assisted living services for patients who need extended care. Even though the most common home health services are for elderly patients, physically and mentally challenged individuals, postoperative patients, and those who have chronic illness or injuries are also patients who take advantage of these services.
Hundreds of elderly patients stay home or return home to recover from a medical condition or illness. They want to be as independent as possible, but remain connected to their healthcare provider to feel confident in the quality and continuity of care after they leave the hospital. Home health services provide skilled nursing, physical therapy, or help with personal care services such as cooking meals, bathing and dressing patients, housekeeping, and providing companionship.
Some of the benefits of home health services include:
- Many patients recover sooner and more comfortably in the familiar surroundings of their home than in a hospital or nursing facility.
- Home care helps reduce medical costs without loss of quality.
- Patients can stay involved in their care and feel more independent at home.
- Home care provides the opportunity to be with family in familiar surroundings and still receive necessary care.
- Home care treatment plans can be tailored to fit individual lifestyles.
Addressing Unique & Complex Risks in Home Health Care
Highland Risk’s comprehensive insurance program for home health care services is offered exclusively through our agents and designed to address the industry’s unique exposures. From patient safety to occupational hazards for home health care workers, and other risks, we can provide you with the coverages needed to respond to accidents, injuries and losses. Our suite of insurance solutions includes professional liability, general liability, employee benefits liability, sexual misconduct, commercial property, business auto, workers compensation, as well as other key coverages.
You can get a more detailed view of our program highlights here. In addition, Highland Risk works with top-tier, A-rated markets, with our programs available nationally.
We Focus on Supporting Your Future Growth
What we do is not as important as how we do it. We invite you to explore the Highland Risk difference. Just give us call at (847) 832-9100 to learn more about us, our coverage lines and programs and how we can serve you and your clients’ needs.