Since FTCA coverage is analogous to an occurrence form of malpractice insurance, covered entities (deemed health centers) do not need to purchase tail coverage for individuals whose activities were protected by the FSHCAA for actions occurring after they are no longer employed by or contracted with the covered entity.
What is prevailing wage? Prevailing wage is the minimum hourly wage employers must pay certain workers who work on construction projects where state dollars are used to fund the construction. The prevailing wage includes the employer's cost of benefits. Any construction project funded in whole or in part by state funds.
Prevailing Wage is defined as the hourly wage, usual benefits and overtime, paid in the largest city in each county, to the majority of workers, laborers, and mechanics.revailing wage rates are published the first business day in August and in February and take effect 30 days after publication. The publications are necessary to adjust the rates based on rate surveys, changes to the minimum wages, and changes to rates that are based on a union majority.