Home Health Agencies Secure EPLI Insurance Guidance Today
By securing EPLI, home health agencies can enjoy several benefits:
1. **Financial Protection**: EPLI provides a financial safety net, covering the costs associated with defending against employment claims, which can include attorney fees, court costs, and settlement payments.
2. **Peace of Mind**: Knowing that your agency is protected allows you to focus on providing quality care to your clients without the constant worry of potential legal issues.
3. **Enhanced Reputation**: Agencies that are proactive in securing EPLI demonstrate a commitment to fair employment practices, which can enhance their reputation among employees and clients alike.
Real-World Examples and Statistics
The need for EPLI is underscored by data from the Equal Employment Opportunity Commission (EEOC), which reported over 67,000 charges of workplace discrimination in 2020 alone1. Additionally, the average cost to defend against an employment lawsuit can exceed $125,0002, making EPLI a cost-effective measure against potentially crippling expenses.