Healthcare (Long Term Care Providers) - RiskCure

RiskCure Product Overview:

RiskCure is a comprehensive risk management solution for long-term care (LTC) facilities. It provides a combination of liability insurance coverages and risk management services. Specifically, the RiskCure program provides advanced liability risk solutions that incorporate innovative quality care and risk management services while offering preferred professional and general liability coverage to its users.

RiskCure enables LTC facilities to better manage their risk and realize a return on the investment. The program is supported by a select group of non-admitted insurance carriers (A.M. Best rating of “A” or better) that recognize the RiskCure advantage.

How Does RiskCure Work:

Using ground breaking clinical, risk and statistical analysis systems, RiskCure thoroughly assesses the operational performance and liability risk of LTC facilities. With comprehensive insights into facility clinical and operational performance, RiskCure’s team of health care clinicians, academics, researchers and insurance professionals structures insurance and risk management arrangements which will significantly reduce liability risk and associated costs.

Unlike other liability insurance or risk management programs available to LTC facilities, RiskCure’s ongoing quality and risk management services improve MDS data integrity, patient care reimbursement, clinical care outcomes, and greatly enhance liability claims defense capabilities.

RiskCure can provide a variety of offerings from “turnkey risk solutions” which manage complete aspects of a facility’s liability risk and quality improvement program to a more consultative containment program. As such, the RiskCure program is an attractive offering for retailers to provide a better form of risk management to their long-term care facility customers.

RiskCure Advantages:

•	Advanced risk and quality assessment tools

•	Insurance rates and terms that reward preferred risks

•	Demonstrated commitment to quality care

•	Ongoing risk monitoring and management

•	Assistance with Regulatory Compliance such as government mandated MDS and liability insurance requirements

•	Improved clinical outcomes

•	Improved claims defense capabilities

•	Accurate MDS coding and appropriate Medicare reimbursements

Program Participation Requirements:

•	Skilled nursing exposure

•	Completed RiskCure application with attachments – application is available for download off the right hand side of this page.

•	Compliance with RiskCure Risk Management Requirements (risk management services specific to each account)

Product Offerings:

The LTC industry is extremely diverse. The services offered, geographic location, size, financial condition, staffing, management philosophy and many other factors can differ significantly from one facility to the next. As such, the insurance needs and associated affordability issues can also vary significantly. In every case however, the need to manage quality of care and liability risk is critical to the LTC provider, its employees and its residents. RiskCure can provide sound risk solutions to any LTC provider committed to improving their quality of care and methods of managing risk.

Insurance Coverage & Limits:

•	Claims Made Policy Form

•	Zero Deductible Available (based on Facility Risk Characteristics)

•	Professional Liability - $1 million / $3 million

•	General Liability - $1 million / $3 million

•	Umbrella Liability – Up to or more than $20 million (contingent on account size)

State Availability:

All States

Carriers:

Multiple Non-Admitted Carriers with AM Best "A" Rating or higher

How To Receive A Proposal:

If you are a retail agent and would like to obtain a RiskCure proposal, please complete the application on the right hand side of this page (including the requested attachments and required policies from Section B) and have the application dated and signed by a principal or officer of the facility.