The Care Quality Commission and how their ratings impact insurance premiums
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The Care Quality Commission and how their ratings impact insurance premiums
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About this listen
Understand the Care Quality Commission (CQC) and the impact that their ratings system has on the insurance premiums of Care Home providers. Hosted by Richard Lawson, Senior Account Executive at Howden Health & Care.
With the expertise of Becky Garnett Buchma, Managing Director at Fulcrum Care Consultancy, and Sabrina Meetaroo, Head of Risk and Claims at Howden Health & Care, we provide guidance to help care home providers navigate the challenges of a CQC inspection process.
We discuss who the CQC are and examine the different ratings that a care home provider could receive from an inspection. We then delve into the impact that these ratings could have on care businesses; both from an insurance perspective and how the challenges that the CQC currently faces could lead to delays in reinspection.
Finally, we provide insights to help care home providers to prepare for a CQC inspection to ensure they can attain a higher rating and the insurance policies that providers should consider for their business.