REPORT/RECOMMENDATION TO THE BOARD OF SUPERVISORS
OF SAN BERNARDINO COUNTY
AND RECORD OF ACTION
May 23, 2023
FROM
VICTOR TORDESILLAS, Director, Department of Risk Management
SUBJECT
Title
Renewal of Medical Malpractice Insurance Program
End
RECOMMENDATION(S)
Recommendation
1. Approve the renewal of the Medical Malpractice Insurance Program with BETA Risk Management Authority with $25,000,000 in coverage limits for each occurrence and $35,000,000 annual aggregate limit, inclusive of a $1,000,000 self-insurance retention, for a premium of approximately $2,020,089, for the one-year period of July 1, 2023, through July 1, 2024.
2. Authorize the Director of Risk Management to execute the binding order on behalf of the County.
(Presenter: Victor Tordesillas, Director, 386-8621)
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COUNTY AND CHIEF EXECUTIVE OFFICER GOALS & OBJECTIVES
Operate in a Fiscally Responsible and Business-Like Manner.
FINANCIAL IMPACT
Approval of this item will not result in the use of additional Discretionary General Funding (Net County Cost). The total premium of approximately $2,020,089 will be paid from the Department of Risk Management's (DRM) medical malpractice self-insurance fund (4102) and will be recovered through Board of Supervisors (Board) approved rates charged to user County departments. Sufficient appropriation and revenue have been included in DRM's 2023-24 Recommended Budget.
BACKGROUND INFORMATION
The DRM administers the County's self-insurance program for medical malpractice and procures excess insurance policies for additional protection. On June 14, 2022 (Item No. 72), the Board approved the renewal of the medical malpractice insurance program, for a total estimated premium of $1,853,339, for the one-year period of July 1, 2022, through July 1, 2023.
Approval of Recommendation No. 1 will provide a new coverage period of July 1, 2023, through July 1, 2024, with a total renewal premium cost of approximately $2,020,089. This represents an inc...
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