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Workers' Compensation Programs Self Insurance Institute of 2019-2025

Si21 2019-2025 Form

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hi i'm caffenze mandison with the marshmallow clinic agency and i work with syrian care communities to manage their risk and insurance programs and today i want to discuss the increasing insurance costs that senior communities are facing and possible solutions that some communities are utilizing to reduce their overall insurance costs so they have more funds available for essential needs like staffing and recruiting [Music] [Applause] [Music] in 2021 cn care communities saw an increase of 10 to 30 percent for general professional liability insurance or more if they had claims issues and that's just for 2021 but i do not expect these rate increases to slow down anytime soon so in the past i'm used to saying a five percent increase maybe a ten percent increase tops but what i'm seeing now is the ten percent is the minimum increase that cm care communities can expect on the insurance program and this additional cost can stress send care communities who can

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NY SI-21 2019
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NY SI-21 2017
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NY SI-21 2015
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