The health care industry is experiencing an increase in the severity and frequency of insurance claims — and the home-based care sector is no exception. Despite the threat of increased costs, agencies can drive down their premiums by adding automated systems and implementing periodic caregiver screenings. “Profit margins are generally not very padded [for home […]
Willis Towers Watson
As health care costs rise unsustainably and the aging population booms like never before, the need for affordable at-home care continues to grow. But from an insurance standpoint, providing that care could soon come with more risk and a higher price tag. “There’s no specific data that is publicly available that speaks to [at-home care […]
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