The home healthcare industry is bustling thanks to the baby boomer generation. As such an important niche market, those in the industry must protect themselves against liability. Insurance for home healthcare providers covers typical liabilities as well as those that are unexpected.
The baby boomer generation spans an 18-year period after World War II, where the United States and other countries saw a sudden spike in the number of babies born. The youngest of this generation is above 50 now, making most of them in their retirement years. This population, coupled with increased lifespans, has caused a larger demand for older citizen care.
A strong characteristic of the baby boomer generation is their continued desire to maintain their independence. Many of them choose to remain in their homes or downsize to senior independent quarters as opposed to moving to hospice care or assisted living facilities. As such, home healthcare professionals are in high demand.
Insurance that home healthcare providers need varies from traditional healthcare workers. Not only do items such as injury, abuse and neglect need to be guarded against, but also transportation to and from assignment needs to be covered, especially if the home healthcare provider is in a company vehicle.
The baby boomer generation continues to have a lasting impact as it ages, including on the healthcare profession, especially home healthcare. Visit this website to get a quote on insurance for home healthcare providers.