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  • By MIAB
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  • Posted Wednesday May 26, 2021

How would your practice cope with long term absences?

As you know, staff absences are sadly a fact of running any business and with the current pressures faced by the healthcare sector, practices face higher absentee levels than experienced ever before.

A clinician, partner or senior member of staff away for a few days may be covered internally, however, if they were absent for several months, how would the business cover their sessions?

With the Statement of Financial Entitlement only supporting the partners and salaried GP's, how is your business coping with other staff absences? Especially considering Advanced Nurse Practitioners, who could cost the practice just as much as replacing a GP in the event of the absence.

The NHS Sickness Reimbursement scheme can only go so far. Payments from the NHS may not be adequate to fully cover your outlays. Furthermore, as mentioned, the NHS scheme does not cover Practice Managers, Nurse Practitioners, Pharmacists or other Allied Healthcare Professionals. Nor does it cover non-sickness/accident-related absences, like jury service, compassionate leave, suspension or family emergency.

Locum Insurance can fill the shortfalls

This type of insurance is there to help with financial costs such as paying for locum cover, overtime or company sick pay and is paid directly to the practice.

Our insurance partners MIAB are experts in medical cover and can provide a bespoke insurance which runs alongside the NHS reimbursement to top up any shortfalls. It requires no medical examination and pays out a pre-agreed amount to the practice, without the need for receipts or proof of spend. This differs from an indemnity type of policy which would only cover evidenced costs incurred, leaving the practice vulnerable to paying for insurance that doesn’t respond as expected at the point of claim.

In addition, you can opt for full ‘traditional’ cover for the members of your team outside of the scope of the NHS support. 

Insuring GP practices is second nature to MIAB, who understand crucial elements of the cover required by practices and are aware of specific GP industry risks and changing trends.

So, whether you are looking to cover the shortfall in reimbursement for the GP’s or all of your staff, MIAB are able to assist in assessing which type of cover is right for you and your practice. 

For more information about MIAB’s Locum cover here

Call MIAB for a full review of your current cover on 01438 730210

Visit us online at https://www.miab.co.uk  or Email us at info@miab.co.uk

MIAB is a trading style of The Medical Insurance Advisory Bureau Ltd. Authorised and regulated by the Financial Conduct Authority. Registered in England No.7217140. Registered Office: Affinity House, Bindon Road, Taunton, Somerset, TA2 6AA. Calls may be recorded for use in quality management, training and customer support. Calls are recorded for use in quality management, training and customer support.


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