Whether you’re about to embark on your first locum assignment or are a locum provider seeking general information—we have you covered. Our free guide provides answers to the most common FAQs, covering everything from pay to health insurance details. Below, we’ve compiled some of the questions addressed in the guide just for you.
Why do locum tenens assignments pay more?
Locum tenens assignments typically pay more because of the locum’s negotiation leverage, the facilities’ need for specialization, and the high demand for covering gaps in care. Since most assignments are up to 13 weeks, facilities are willing to pay well if it means they can have a sense of relief and prioritize other initiatives. To secure your desired pay, connect with your recruiter and communicate your desired range.
In the case that a facility is not within your target range, your recruiter will explain the market rate for the area and the other factors involved. Generally, your recruiter will work with you, the locum, and the facility to ensure you are compensated well.
Are locum tenens providers responsible for housing?
Depending on the staffing agency, you may be responsible for arranging your travel and housing. However, Wellhart locums should be rest assured that their housing and travel arrangements are paid for. This means our travel team will do the busy work of handling your travel requests and accommodations (within reason) so you can start your assignment stress-free.
What does the credentialing and licensing process identify?
Wellhart’s credentialing process ensures that you have the proper certifications, licenses, etc. that confirm you are in compliance and ready to see patients. This streamlined process ensures that locums can hit the ground running instead of sorting through tedious paperwork. Consequently, Wellhart locums can focus on selecting the best assignments.
How long does locum credentialing take?
Credentialing for locum tenens varies by the assignment chosen, facility in need, the state of practice, along with other factors. In the case that locum providers have all necessary documentation, they can see themselves approved to practice in a fair amount of time. Without credentialing experts, locum providers have found themselves overwhelmed and delayed in starting their critical work.
How do I obtain health insurance as a locum?
Health insurance as a locum provider is full of freedom in choice—meaning they’re not confined to an employer’s health insurance plan. As an independent contractor, locum tenens providers can select from a variety of sources:
- Weigh your options on Healthcare.gov, a site that hosts state insurance exchanges
- Speak to a private/independent insurance agent
- Utilize professional associations i.e. American Medical Association
- Join your spouse’s plan
Out of the four major options, it’s important to note that most locum providers utilize Healthcare.gov. The government-backed site allows you to compare and contrast plans in accordance with your needs and purchase ability.
What can I deduct from taxes as a 1099 contractor?
1099 taxes can be complicated—and we understand. The good news is that as a locum provider, you have fewer restrictions on deducting business expenses, which can ultimately lower your tax burden. These write-offs can include health insurance, travel and housing costs, meals, automobile expenses, education, and licensing fees.
To learn more about the breakdown of opportunities for tax credit, see our guide. Before filing, we recommend speaking with a tax professional or a certified public accountant (CPA) for the most up-to-date information.
How to plan for taxes as a 1099?
The best practice is to document everything. Keep your receipts, credit card payments, education credentials, and any other relevant documents that helped you prepare to practice. Next, connect with a tax professional or a CPA to ensure that you comply with the tax law and are able to deduct the amounts requested.