Specialists in Health Care Business
AssuredPartners of Minnesota can help you manage the unique risks associated with caring for elderly and disabled clients. Home Care, Group Home and Assisted Living Facilities require special insurance treatment. You need and deserve expert counsel.
We have expert Loss Control Services, Human Resources counsel and Workers’ Compensation experts you can rely on.
The insurance companies we partner with are recognized as experts in your business.
We offer reliable, cost competitive, specialized insurance for :
- General & Professional Liability
- Director’s & Officer’s and Employment Practices Liability
- Business Automobile
- Workers’ Compensation
The Health Care Workers’ Compensation Fund
If you’re looking for affordable Workers’ Compensation, AssuredPartners has partnered with MeadowBrook Insurance to provide an attractive alternative with the Healthcare Workers’ Compensation Fund. Business owners have joined together to form a self-insurance group specific to the health care industry. We continue to grow and as noted above we now have 30 members.The Fund’s Mission Statement says it all: Health Care Workers’ Compensation Fund is dedicated to the proposition that together, through thoughtful management, we can reduce the Workers’ compensation cost to our businesses and provide exceptional care to injured employees.
Why Self-Insure? Small Firms. Big Results.
Insurers typically neglect Workers’ compensation. Availability is unpredictable and costs are high, even among the best operators. Businesses with few claims do not get consideration and adequate rate reduction because the class is viewed as risky.If you’re not getting credit for quality management, consider the Group Self-Insurance alternative.
You’ll be joining a group with impressive member characteristics:
- Profitable operations
- Quality employment practices and training
- Lower than average claims history
- Return-To-Work program for injured employees
- Workers’ Compensation premiums over $15,000
The advantages are possible because of small firms coming together to produce big results.
The Application Process
AssuredPartners of Minnesota will work directly with you or with your licensed insurance professional. Allow 60 to 90 days before your current policy expiration date. Submit 5 years loss runs, valued within the last 60 days, along with expected payrolls for next year. Request your CPA estimate cost and time necessary for a required Review financial statement. Meet with the Fiscal Agent or Third Party Administrator to review the quotation and Fund Bylaws. The Fund Board and Dept. of Commerce must approve all new members.If you’re a well-managed organization seeking a better solution, join this member-owned group. It’s Workers’ compensation that works.