Title
Human Resources Department, Risk Management Division, recommending the Board approve insurance coverage for Medical Malpractice Program with Public Risk Innovation, Solutions, and Management for an amount of $299,700, and authorize the Human Resources Department, Risk Management Division, to sign and approve all documents required to secure continued insurance coverage for policy period October 1, 2021 - June 30, 2022.
FUNDING: General Liability Internal Service Fund.
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DISCUSSION/BACKGROUND
The County faces a complex array of risks that can result in severe or catastrophic loss. Purchasing insurance helps protect the County from catastrophic general liability claims resulting from Medical care authorities like clinics, Public Health services, Behavioral Health services, Corrections care, and Coroner operations. The County procures a variety of insurance policies and programs to mitigate and transfer exposures to catastrophic loss. By securing these risk mitigating and transfer mechanisms, the County is better positioned to protect assets and personnel for the fulfillment of its services, objectives, and Strategic Plan.
This request is part of an annual process for the Board to authorize the Risk Management Division to renew insurance coverage and programs provided by PRISM and Alliant. The County utilizes its participation in PRISM in conjunction with professional insurance brokerage services of Alliant to place a variety of commercial insurance policies to protect the County.
The Risk Management Division has evaluated this insurance program in terms of potential loss, coverage, self-insured retentions, deductibles, and policy limits, and recommends the purchase of insurance as described below.
Other Insurance Programs
Medical Malpractice Program - Provides coverage for alleged negligence arising from health care operations including clinics, mental health, public health, jail clinics, and coroner operations. The County has a $25,000 deductible...
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