Insurance for Home Health Care Providers
in Minnesota
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Home Health Aide and Agency insurance in Minnesota
Home Health Aides provide top-quality healthcare to their patients. You are aware of the importance of people being able to live in their own homes, whether you are working alone or with a team. It is crucial to provide support for other people, but who provides that support for you?
BizInsure makes it easy and simple for Home Health Aides and Agencies in Minnesota to find insurance to safeguard their small business. No matter where you live – from Minneapolis to Rochester – insurance for Home Health Agencies is within reach.
Why should you become a health care professional in Minnesota?
In Minnesota, Home Health Aides are highly sought-after. If you’re looking to pursue a career in health care, this is an excellent way to get into the field and make an impact on the health of patients throughout the The North Star State.
According to the Bureau of Labor Statistics 2022 data, Minnesota is home to over 106,000 personal caregivers and home care aides.
Average income for home health aides and personal caregivers in Minnesota is $30,320. These workers make an average hourly wage of $14.58. Minnesota home health aides might earn more in larger cities than they do in rural areas or smaller metropolitan areas. Minnesota-St. Paul and Bloomington have a salary of $30,600 and Rochester has a $30,830.
What do home health care providers need insurance in Minnesota?
Home Health Aides work closely with people who are elderly, have disabilities, as well as those who are chronically ill. Your services aid these patients to live in safety within their homes. But unfortunately, this can result in expensive lawsuits or claims being made against you if something goes wrong.
Accidents do happen and if you are liable for one, you may be liable to compensate your patient or their family.
The cost of litigation and claims in the US is incredibly high. You could be left with no money and ruin your career.
Home care insurance helps Home Heath Aides and providers protect their finances when these claims arise so they can go on supporting the Minnesota community.
Did you know?
General Liability insurance offers coverage against claims that are not substantiated.
Home Healthcare Business Insurance in Minnesota
Home health care workers and healthcare professionals often look at various kinds of insurance for their business to protect them as they perform their duties.
General Liability Insurance
General Liability insurance protects Home Health Aides and their businesses against third-party claims of injury and property damage. Your policy can cover the legal expenses and the cost of fixing the situation up to the limits of the policy. These protections apply to claims that do and don’t have merit. General Liability insurance is also referred to as Commercial General Liability (CGL) or “slip and fall” coverage.
What is typically covered?
General Liability insurance provides coverage for lawsuits and claims triggered by:
- Injuries to third parties
- Property damage to property belonging to a third party
Claims do not have to be true in order to be made against your business. These situations are often stressful and can very expensive. Thankfully, General Liability insurance covers you for situations that involve false claims.
What isn’t covered?
Your General Liability policy will not be able to cover certain events, like:
- Personal workplace injuries and workers’ comp claims
- Damage to your own property
- Intentional damage to a third party’s property
- Errors or mistakes in your work
The General Liability policy may not cover certain events. You will find the complete details of your coverage in the policy documents.
Professional Liability insurance
Professional Liability Insurance protects you from mistakes or omissions made by you in your work that can cause your client to lose money.
It also protects you from third party claims of professional negligence. A policy will provide protection against both genuine and unjustified claims. Professional Liability insurance policies are also sold as E&O insurance.
What is typically covered?
Professional Liability Insurance covers legal expenses (including judgments and settlements) which could arise from:
- Errors, mistakes or omissions in your professional services or advice
- Allegations of negligence
- Undelivered services or missed deadlines
- Breaches of contract
These types liability claims are often brought by clients who claim your work has led to financial loss. Insurance policies for Professional Liability offer coverage even if there is no evidence to support the claim.
What is not usually covered?
Events that aren’t covered by Professional Liability insurance are:
- Third-party bodily injury
- Damage to a third party’s property
- Personal workplace injuries or workers’ comp claims
Please refer to the policy’s wording for full details on what is and is not covered by your Professional Liability insurance.
Miscellaneous Medical Liability Package to cover home health care providers
Home Health Aides and other agencies providing home care often require more than one kind of insurance to protect their business from various risks.
BizInsure provides a Miscellaneous Medical Liability Package which combines the most common insurances home health care businesses typically look at.
The policy covers both Professional Liability and General Liability insurance. Cyber Liability insurance is also included, which protects you from malicious software attacks, data breach and other events that could damage your business.
Who needs insurance for home health care insurance?
Minnesota is the home of a variety of healthcare professionals.
- Home Health Aides – Independent contractors, subcontractors and sole proprietors may need insurance to safeguard themselves and their clients.
- Home Health Care Agents – Protect your business and employees by insuring your home healthcare agency.
- Other Healthcare Professionals – Nurses, physical therapists, carers, and other healthcare professionals might also be able to gain from having insurance for business.
BizInsure can help home health aides and health care agencies to find liability insurance in Minnesota. Start a quote to compare policies in minutes!
How much does Home Healthcare insurance cost in Minnesota?
The cost of Minnesota home care insurance can differ from one person to another. This is due to the fact that each home healthcare aide has different circumstances.
The factors used to calculate premiums for business insurance include:
- Qualifications and education – Are you adequately trained for the job? Are you qualified to be employed in Minnesota as a healthcare provider?
- Wherever you live – Care providers who are based near cities such as St. Paul and Rochester’s will likely be paid more than those in counties or towns that are smaller.
- Your claim history – A collection of previous claims could lead to higher premiums in the near future.
- Coverage level – More expensive premiums are typically associated with more coverage. Clients might require you to provide the minimum amount of coverage.
How much does business insurance cost? Comparing quotes from multiple insurance companies can help you find the right home healthcare insurance plan for your business.
Frequently Asked Questions (FAQs)
What are the risks for home healthcare providers in Minnesota?
Minnesota home healthcare providers provide excellent care to their patients. Being in close contact with other people at their homes could pose unique risks. Insurance can mitigate many of your most frequent risks.
General liability insurance – A patient slips and falls, which requires a trip to an emergency room. Accidentally, you knock over and break a vase inside the patient’s house. Two examples of claims that General Liability Insurance may be able to assist as a home-health aide.
Professional Liability insurance – The quality of your expertise and knowledge are crucial to the patients and their families. A negligence lawsuit may be brought against you or another professional liability claim if you commit mistakes or do not satisfy their expectations.
Cyber Liability insurance – healthcare agencies are able to store sensitive patient information. If you experience a data breach or other malicious attack Cyber Liability insurance can assist you in repairing the damage done you business.
BizInsure can help home health aides and agencies find insurance to cover the risks that you encounter every day.
What are the home health care aide license requirements in Minnesota?
Minnesota laws require individuals and agencies that offer home care services to be licensed. There are two types of licenses available in the state:
- Basic Home Care Providers – May assist with daily living activities, food preparation, and shopping and provide reminders to take prescribed medications.
- Comprehensive Home Care Providers – May provide nursing, treatment and therapy, nutrition, and other specialty medical services.
A Minnesota comprehensive home care license is required for all home health agencies (HHAs) that are federally certified.
How do I get a home health care license in Minnesota?
To receive a home health care licensing in Minnesota, you will need to:
- Submit an application for either a Basic or Comprehensive Home Care license
- Submit the necessary documents and materials to support your application
- Complete and pass a background study (this is required for all owners, managers, RNs, and licensed health professionals named on the license application)
- Pay an application fee
You need a license from the Department of Health if you intend to perform skilled services in the state of Minnesota (services rendered by a qualified healthcare professional, such as a nurse or therapist) (MDH).
