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By Tangram Insurance Services
September 19, 2023

Every year, thousands of older adults are subjected to elder abuse. This takes many different forms. Perpetrators may be family members, friends, or even care workers. Even though elder abuse is common, residential care facilities can take steps to protect residents. Elder Abuse Facts and Statistics According to the Department of Justice, elder abuse encompasses ...

How Medication Management Has Evolved

By Tangram Insurance Services
September 05, 2023

As seniors age, the number of medications they take regularly tends to increase. Since prescription medications can have dangerous interactions and side effects, medication management is critical at residential care facilities. New tech tools, rising prescriptions costs, and an aging society are all causing medication management to evolve. How Many Medications Does the Average Senior ...

How a Certificate of Insurance Can Help You Manage Risks

By Tangram Insurance Services
August 22, 2023

Since residential care facilities serve vulnerable populations, every activity involves risks. To manage these risks, facilities screen and train employees and carry liability insurance. However, exposures may still exist if third parties are involved. To further protect your facility, you should require a certificate of insurance from every third-party service provider. How Third-Party Providers Can ...

How to Help Your Residents and Their Families Avoid Scams

By Tangram Insurance Services
August 07, 2023

Many of your residents are vulnerable to scams that could drain their bank accounts. According to Consumer Affairs, each year, more than 3.5 million older adults are victims of financial exploitation, costing them more than $3 billion. Knowledge about common scams and red flags can help seniors avoid becoming the next victim. Educate Your Residents ...

Overcoming Senior Loneliness: Help Your Residents Thrive

By Tangram Insurance Services
July 10, 2023

The United States is experiencing an epidemic of loneliness and isolation, and seniors are particularly vulnerable. Loneliness in senior housing facilities can have a significant impact on both mental and physical health, but residential care facilities can take steps to help residents overcome loneliness. The Loneliness Epidemic The U.S. Surgeon General recently issued an advisory ...

General & Professional Liability: Which Do You Need?

By Tangram Insurance Services
June 27, 2023

Liability insurance protects your adult residential care facility against potentially expensive lawsuits. To make sure you’re well protected, you usually need multiple types of coverage, including both general and professional liability insurance. What Is General Liability Insurance? The Insurance Information Institute says commercial general liability insurance provides protection against financial loss if your business is ...

Why Homeowners Insurance Isn’t Sufficient for Your Residential Care Facility

By Tangram Insurance Services
June 13, 2023

Your residents think of your care facility as home, but homeowners insurance does not provide you with sufficient coverage. To secure appropriate coverage for your risks, you need commercial property insurance. What Does Homeowners Insurance Cover? The Insurance Information Institute says a standard homeowners insurance policy typically provides four types of coverage: Coverage for the ...

How Nurse Triage Could Lower Your Work Comp Insurance Costs

By Tangram Insurance Services
May 23, 2023

The average workers’ compensation claim costs $41,353, according to the National Safety Council. Frequent and severe claims can increase your experience modification factor (Ex-Mod) and drive up your workers’ compensation premiums. A nurse triage service can help you manage your claims and lower your workers’ compensation insurance costs.  Expert Advice When You Need It  How ...

How To Prevent Bedsores In Your Assisted Living Facility

By Heather Brown
May 21, 2023

Bedsores (also called pressure ulcers) are very common in elderly people that are immobilized or bedridden in assisted living care. They are caused by unrelieved pressure on an area of the body, usually the back, buttocks, or hips and they can cause infections, sepsis, loss of muscle, and in some serious cases, death. Fortunately, bedsores ...

Choosing an Insurance Broker for Your Adult Residential Care Facility

By Tangram Insurance Services
May 02, 2023

Running an adult residential care facility involves risks. You work hard to keep your residents and employees safe – and you need an insurer who will work just as hard to protect your business against losses. When choosing a broker for your adult residential care facility insurance, look for a partner with industry expertise, tailored ...