Not All GP Practices Are The Same

1
Not All GP Practices Are The Same
info_at_locuminsurance.co.uk
03453503655
2
info_at_locuminsurance.co.uk
03453503655
Running a GP practice can be very different from
most other types of business in the sense that
you are always, always busy. Someone who runs a
restaurant, for example, might be sitting there
on a wet and windy night as Storm Franklin blasts
away outside, and perhaps only have a couple of
customers in all evening. With a GP practice, you
are never sitting there twiddling your thumbs. If
anything, there are too many things to do. This
is one of the reasons why staff absence can be a
really big issue, especially if it is one of your
fellow GPs or a senior nurse for example. And
yet, people in the medical profession are no
3
info_at_locuminsurance.co.uk
03453503655
different from anyone else in the sense that they
can become ill or suffer injury in, say, a
traffic accident, and thus be away from work. If
it is only a matter of a few days, you may be
able to handle that in-house by having other team
members work longer hours to cover for an
absentee, but any longer than that and it can be
a real headache. The only answer in this sort of
situation is to hire a locum, but that can be
expensive. According to a survey carried out by
Medeconomics (which has now changed name to GP
Business) in August 2020, GP locums in some areas
today can cost as much as 1,000 a day. That can
make a considerable dent in the profits of your
practice if you have someone off work for weeks
on end. Not only that, but another survey found
that today 20 of GPs are saying that locum GPs
cover a quarter or more of the shifts in their
practice. So that makes for a serious increase in
the overheads of a practice. Hiring A Locum Can
Be A Necessity But the simple fact is that you
cannot continue to run your practice with staff
4
info_at_locuminsurance.co.uk
03453503655
members away, whatever the reason might be. So,
hiring a locum when this happens is not so much a
matter of choice as a necessity. Lets face it
you have to take good care of your
patients. This is why you need GP locum
insurance to cover the additional costs of hiring
a locum when you need one. However, not all GP
practices are the same, so you dont want a
policy that is one size fits all because it
doesnt. For example, you might want a policy
that kicks in from day one of one of your
partners absences. On the other hand, you might
be able to manage for a couple of weeks without a
locum. In that case, you will want GP locum
insurance that has a two-week deferment period.
That will mean the premium is less than one that
starts on day one. At Approachable Locum
Insurance we understand that not all practices
are the same, and so we will tailor a policy to
suit your exact requirements.
5
info_at_locuminsurance.co.uk
03453503655
Contact Us Address- 24 Main Street, Cross
hills, Keighley, West Yorkshire, UK
BD208TF Landline number- 0345 3503655 Website-
https//www.locuminsurance.co.uk/ Email-
info_at_locuminsurance.co.uk Twitter-
https//twitter.com/ApproachableIFA