Resources & Services: Insurance for Behavioral Health
The National Council, along with the Mental Health Corporations of America, founded and endorsed the Mental Health Risk Retention Group to provide innovative liability insurance customized to meet the evolving coverage needs of behavioral healthcare providers.
MHRRG is a liability insurance company owned by its policyholders. It offers stabilized premiums, protection against arbitrary cancellation, quality coverage, and a loss prevention program.
MHRRG is managed by a team of experts that includes distinguished attorneys, nationally known actuaries, reinsurance companies, and underwriting managers with decades of experience specializing in liability insurance for behavioral healthcare. Negley Associates is MHRRG’s underwriting management firm and serves the insurance needs of healthcare and social service providers.
Primary Care-Behavioral Health Integration
Today, as many of you adopt or intensify your healthcare integration initiatives, we invite you to review the comprehensive coverage options that MHRRG and Negley offer. Whether you are partnering with a primary care organization in your community, hiring primary care physicians as permanent or contracted staff, or offering behavioral health services in primary care, MHHRG and Negley can cover your professional liability. They can ensure that your organization, your doctors, and your employees are protected for the services you provide as well as for the services others provide on your behalf.
MHRRG and Negley offer the following types of insurance coverage for behavioral health organizations:
- Professional liability
- General liability
- Directors and officers liability
(including employment practices liability)
- Business automobile
- Commercial property
- Workers compensation
- Excess liability/umbrella
Some unique features of MHRRG insurance include
- Physician coverage
- Customized primary healthcare coverage-newly announced
- NO sexual misconduct exclusion
- Employment practices liability under D&O
- Defense costs in addition to policy limits
As a risk retention group, MHRRG's profits benefit the policyholders through dividends. To date, over $10 million has been paid to shareholders.
MHRRG's series of loss prevention DVDs, CDs, and written educational materials is complimentary to policyholders. Topics to date include dealing with loss prevention relating to medication errors, sexual misconduct, violent clients, wrongful termination of employees, responsibilities of directors and officers, and patient placement. Through Negley Associates it also has available monthly 5 minute loss prevention videos on the MHRRG website.
A free risk management hotline is available to policyholders to answer questions on how liability claims can be prevented.
Protecting Against Cancellation
Shareholders are entitled to a peer review process and a one-year notice before coverage is terminated.
Specialized Claims Handling
MHRRG's claims staff is focused and expert on the unique problems of behavioral health, such as those related to sexual misconduct, suicide, and client violence. Their expertise has helped MHRRG down the cost of claims to the most competitive in the industry.
Negley Risk Management Awards
The Negley Awards are a series of cash grants presented annually to provider organizations that demonstrate excellence in risk management practices. The awards are the President’s Award of $10,000, the Chairman’s Award of $5,000 and the Board of Director’s Award of $5,000.
Recognizing that the use of data is critical to assessing risk and improving service, the 2013 Negley Awards will honor excellence in risk management through data collection and analysis that enable better protection for clients, staff, property, and communities.
The awards are presented annually at the National Council Conference. The National Council encourages members to apply for the 2013 Negley Awards for Excellence in Risk Management.
The application deadline is November 9, 2012.
Read the article in Risk Retention Reporter magazine "Single Product Focus Spells Success for Mental Health Risk Retention Group." The article features Nicholas Bozzo, President, MHRRG and Managing Director, Negley Associates-Underwriting Managers as "CEO of the Month."
View the video,
to learn more about MHRRG.