BETA Healthcare Group (BETA) is the largest professional liability insurer of hospitals on the West Coast and provides coverage to more than 600 hospital and healthcare facility locations.
In addition, BETA provides workers’ compensation coverage for over 70,000 healthcare workers in California. BETA also has a long-established and growing commitment to physicians, providing medical professional liability coverage to over 7,600 physicians and more than 50 medical groups.
Beyond primary liability and workers’ compensation coverage, BETA provides an entire suite of alternative risk and insurance services, including excess healthcare professional liability coverage, excess workers’ compensation coverage, third-party claims administration services, risk management consulting services and claims management consulting services.
Whether with hospitals, medical groups, clinics or hospices, BETA has earned a reputation for financial strength, rate stability, quality service and breadth of coverage that is unparalleled in the industry.
A Joint Powers Authority
A risk management joint powers authority (JPA) like BETA Risk Management Authority (BETARMA) enables district, county, city, and nonprofit healthcare facilities to self-insure their liability and workers' compensation claims and losses by pooling risks among similar healthcare facilities. While traditional insurance companies also “pool” their risks, the JPA structure offers four distinct benefits over other risk-financing mechanisms:
- Members design and control the program free from California Department of Insurance regulation
- The program pays no state premium tax
- The program pays no state or federal income tax
- The program has no shareholders to influence decisions
Mission Statement
We partner with healthcare organizations to manage risk through customized insurance solutions while providing an exceptional member experience.
Vision Statement
We aspire to positively impact the quality, safety and financial results of healthcare organizations.