Why Accident Coverage Belongs in Social Services’ Risk Management Toolbox
Affording health care is becoming more and more difficult for the average American. Medical costs keep rising, and high-deductible health plans mean even insured patients are left with budget-busting bills. This trend has implications beyond the health care industry and individual bank accounts.
When injuries occur on an organization’s property or during a sponsored event or activity, injured parties struggling to pay for care can sue in order to recoup some expenses, and businesses end up footing the bill.
That risk is nothing new, but it is becoming more acute for organizations that serve large swaths of their community and that don’t have the deep pockets to fund settlement after settlement.
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