Welcome to the NEMT Risk Advisor Blog

Thank you for taking the time to visit my site specifically designed for educating non-emergency transportation business owners on risks that affect your company. Whether you operate several hundred units and have been servicing your community for years or are just getting started with a few units, I'm here to help advise you on further developing your company's risk management program which will, in turn, lower your overall costs of insurance over both the short and long term. Please don't hesitate to contact me with any questions, comments, or feedback. Thanks!


Josh Brownlee
jbrownlee45@gmail.com

Thursday, April 21, 2011

Developing Your NEMT Risk Management Program

There are many different reasons to have a comprehensive risk management program as a NEMT business owner.  The main reason is that a single misstep can wipe out everything you have worked so hard to establish in the form of an uncovered multi-million dollar lawsuit against your company.  Defense costs alone often reach six figures in no time at all.  A vast majority of NEMT companies drug test their employees prior to employement, post-accident and also when there is reasonable suspicion.  If you do these three things, you are eligible to become a certified drug free workplace.  This easily obtainable certification is an automatic 7.5% credit on workers compensation premiums.  On top of that, it makes your company more attractive to insurance companies and helps in our negotiations with underwriters to further drive down your workers compensation premium.  This credit occurs repeatedly year after year and also differentiates your company from your competition when you can prove that your drivers are certified drug free.  We can walk you through the entire process.

Going back to how one claim can eliminate your business, many NEMT business owners are unaware that many things are excluded from your insurance policies unless you buy specialized coverage.  Employment practices liability, or EPL, is a major exposure in today's litigious society.  These include things such as discrimination, wrongful termination, sexual harassment, and retaliation. Other additional actions which are alleged in these cases, such as libel, slander, or other defamation, invasion of privacy, mental anguish, infliction of emotional distress, loss of consortium, assault, battery, breach of contract, negligent hiring, supervision, promotion or retention in connection with any other employment-related claim are also excluded from your common general liability policies. 

An EPL policy can be obtained for an extremely reasonable premium that barely reachs four figures or probably about one quarter of what you are currently paying for one NEMT vehicle.  EPL premiums are determined by the number of employees as well as the quality of your company policies.  Our agency has developed templates for every applicable company policy needed for your business that we offer to our clients at no additional cost.  It brings our agency joy to protect your business and add value to your company.  We go above and beyond to make sure EPL policies are endorsed with a third party endorsement; they are otherwise left off. This endorsement means that there is also coverage if one of your clients, falsely or not, files suit against you or one of your employees alledging any type of the aforementioned acts such as sexual harassment.  EPL is just one of many risks that can hurt your business, lower your bottom line, or even close your doors.  We make sure this does not happen.

4 comments:

  1. This comment has been removed by the author.

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  2. Thanks for share these thinks! It really helps for standing our Non-emergency medical transportation. Business and your EPL premium is very helpful quality management program of any NEMT company policies. Best of luck…

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  3. I wanted to thank you for this great read!! I definitely enjoying every little bit of it I have you bookmarked to check out new stuff you post. Medical Transportation

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  4. Hi

    Thanks for sharing your ideas,

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