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The healthcare sector faces unique and evolving challenges, including: falling reimbursement levels and the increasing cost of care; promotion and growth of generic drug market that attracts foreign investment and the issue of pricing scheme; rising medical negligence claim values; frequency of employers liability claims; rising costs of medical indemnity; abuse, patient safety, care quality; data security; issues with medical implants; and the increasing reliance on technology.
But with challenge comes opportunity. Marsh’s Healthcare Practice is dedicated to solving risk issues for all types of healthcare providers. By helping you identify the risks that could threaten your strategy, operations, and success, we can help you thrive.
Our healthcare team – which includes claims and risk management specialists – will work with you to put effective risk management plans and control actions into place. Using the resources from other Marsh & McLennan Companies businesses enables us to help you solve challenges related to business resilience, property surveys, data and cyber risks, mergers and acquisitions, workforce strategies, employee benefits and rewards, bespoke claims and incident management systems, and utilising captives as alternative insurance solutions, to name but a few.
We employ our sector knowledge to position and place your risks with the right insurer to generate competition and favourable pricing. We also advise on optimum insurance programme design and deductible levels, based on professional financial modelling and benchmarking our specialist from data and analytics-team.
The result: access to a range of risk and insurance broking services that help you to reduce costs, control risk, protect the future of your organisation, and achieve your objectives.