Title
Chief Administrative Office, Risk Management Division, recommending the Board approve the Medical Malpractice Extended Participation Agreement through the California State Association of Counties - Excess Insurance Authority (CSAC-EIA) committing the County to the program for two years, beginning October 1, 2013 through October 1, 2015, and authorize the Assistant Chief Administrative Officer to sign the agreement upon approval by County Counsel.
FUNDING: Risk Management Liability Insurance Fund, Medical Malpractice Insurance Program is funded by charges to the related departments including Public Health, Mental Health, Animal Control, CSA 7 Ambulance Services, Social Services and Community Services.
Body
BUDGET SUMMARY:
Total Estimated Cost…………… $89,538.00
Budgeted………………………… $89,538.00
New Funding…………………….
Savings…………………………
Other……………………………
Total Funding Available………… $89,538.00
Change To Net County Cost……|9 9|
Fiscal Impact/Change to Net County Cost
Funding for this agreement is included in the FY 2013-2014 Risk Management budget and is funded by charges to the related departments including Public Health, Mental Health, Animal Control, CSA 7 Ambulance Services, Social Services and Community Services. By extending the Participation Agreement, the County will receive a premium reduction of $1,008.00 for the FY 2013-2014 Medical Malpractice Program. The FY 2014-2015 premium will be determined in October 2014.
Background
El Dorado County has been a CSAC-EIA participant for 21 years. On July 16, 2013 (Item #14, Legistar File 13-0817), the Board approved the County’s participation in CSAC-EIA for FY 2013-2014. At that time, the County’s estimated cost for the Medical Malpractice program was $94,000. On October 1, 2013, CSAC-EIA successfully renewed the Medical Malpractice program with Lexington Insurance Company. The County’s FY 2013-2014 premium with a two-year commitment is $89,538. Similar to last year, members of the Medical M...
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