Senior Care’s Emerging Threats – A Point of View Paper from McGowan
The following is republished in-part by permission of Mcgowan Program Administrators (MPA). Learn more and download this paper in its entirety at the McGowan Programs website.
Firestorm leadership is pleased to collaborate on this and like programs with industry leaders such as McGowan.
McGowan Program Administrators (MPA) is America’s leading writer of innovative insurance programs. MPA is a Managing General Underwriter and Program Manager. MPA designs, administers and markets highly-specialized programs of insurance. Learn more about McGowan at mcgowanprograms.com | phone: 440-333-6300
With so many people expected to begin residing in Senior Care facilities, it’s important for brokers who partner with senior care establishments to ensure that these places have the coverages in place to protect the most vulnerable people.
Unfortunately, accidents can and will happen. When this occurs, senior care facilities must have the safeguards in place to guarantee operations continue unabated. From risks that range from deadly weapon/active shooters to problems with Medicare billings to cyber/data breach liability, it’s crucial for senior care facility to establish robust safeguards when the unexpected strikes.
As people enter into their golden years, they should be able to put aside the myriad risks that have been threatening them their entire life. This is a time for making joyful new memories and reflecting on those thoughts of a life well-lived. Unfortunately, senior care facilities and the elderly individuals who reside there are facing new risks that have the potential to jeopardize both the financial security these residents have spent a lifetime building as well as their personal safety. From cyber attacks and data breaches at senior living communities to the emerging threat of incidents involving deadly weapons and/or an active shooter, the sad fact is that retirees need enhanced protections now more than ever.
Although it’s virtually impossible to predict every potential disaster or catastrophe, there are several preventative measures that senior care facilities can implement to reduce the immediate impact and eventual fallout from a data breach or an intruder with a deadly weapon. No one wants to consider the worst-case scenario, but it’s necessary to truly protect the senior care facility and its residents.
“The risks facing senior care facilities, and their residents, grow and change every day. Implementing appropriate mitigation and prevention strategies, along with financial protection, is essential. In today’s world, there are risk management and insurance tools that can substantially decrease everyone’s exposure. Use of these tools are good corporate governance, and a best practice.”
-Harry Rhulen (CEO/Founder of Firestorm, National Crisis Expert)
Deadly Weapon/ Active Shooter Incidents
Lately, the news has been awash with horrific stories of mass shootings in schools, hospitals and even senior care facilities. While it may seem highly unlikely for this type of tragedy to occur, administrators and managers at healthcare facilities should not wait for the unfortunate to happen before they implement the appropriate prevention and response measures.
According to A Study of Active Shooter Incidents in the United States between 2000 and 2013, published by the Department of Justice and the FBI, 160 active shooter incidents occurred in the U.S. between 2000 and 2013. These attacks are increasing in frequency, jumping an average of 16.4 per year over the last seven years, while they averaged 6.4 per year in the first seven years of the survey.
Of these incidents, 70 percent happened in commercial/business environment in 40 of the 50 states and the District of Columbia. Unfortunately, 60% of the incidents ended before police could arrive at the scene, leading to a total of 1,043 casualties (victims killed and wounded). Further, businesses are the primary spot for an attacker to strike, and with such a large contingent of these shooters randomly choosing their target, the unfortunate fact is that senior care facilities can easily end up in the cross-hairs. Learn more and download this paper in its entirety