Stability Consistency Sustainability Longevity (Part 1)

Oct 26, 2015

How important should these be when you’re choosing your locum insurance?

How can you tell if the company you’re proposing to use is a good bet?

Premiums

How often – in the past few years – have the company’s premium rates changed?

Some companies charge according to the age of the client and some don’t. Due to EU rules, companies are not allowed to charge according to sex. Some will also adjust premiums when a policy has been underwritten.

This is all very interesting (or not, depending on your pov) but it’s not the nub of the issue. The question should be ‘over the past few years when did you change your premium rates and by how much did they rise/fall?’

Related Practice Cover Articles

work experience insurance

Taking on work experience students this summer?

Have you checked whether they’re covered? Many GP dental and Veterinary practices are keen to offer work experience placements to students who are exploring careers in healthcare. Providing these opportunities is a valuable way to help young people gain insight...

read more...
locum reimbursement

Reimbursement Rules Have Changed

If your practice relies on NHS reimbursement for sickness or accident cover, the rules have changed. For many GP practices, managing sickness or accident absence has always involved a bit of practical juggling. Someone picks up an extra session. An ANP stretches their...

read more...
locum reimbursement

How do locum reimbursement changes affect your practice?

Many GP practices are paying for locum insurance based on outdated NHS reimbursement rates, simply because no one has told them the rates have changed at renewal. That matters more than most practices realise. If your policy hasn’t been reviewed recently, you could be...

read more...