(925) 838-6070 Search Login Help Services and Programs Coverages About Events ABOUT Home » About BETA Healthcare Group (BETA) is the largest professional liability insurer of hospitals on the West Coast providing 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 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 BETA Healthcare Group partners with healthcare providers to manage risk. Vision Statement BETA Healthcare Group will improve the quality, safety and financial results of healthcare organizations by providing superior risk management products and services. WELCOME FROM THE CEO BETA is committed to providing its members with the broadest, most favorably priced coverages possible while offering leading-edge risk management and patient and employee safety programs. Read More BETA Fact Sheet 2020 ANNUAL REPORT Download (.pdf) the 2020 Annual Report. Members can log in to view current audited financials and prior annual reports here. BETA HISTORY Since 1979, BETA Risk Management Authority has grown to 153 JPA members, becoming one of the nation's largest risk-sharing pools. Read More ADDITIONAL LINKS Governance Financial Highlights Our Senior Leadership Covered Facilities & Medical Groups BETA History Member Control Financial Structure Cost Savings Rate Stability Superior Service Comprehensive Coverage BETA Risk Management Authority (BETARMA) is operated by and for its members. As a special purpose district, BETARMA provides liability and workers’ compensation coverage to non-profit, district, city and county healthcare facilities and private physicians working at these facilities. In addition, another BETA-related organization, Health Providers Insurance Reciprocal, a Risk Retention Group (HealthPro), covers medical groups, physicians and for-profit healthcare facilities. Members’ annual contributions are utilized to provide liability coverage and supporting programs, representing a cost-effective departure from the traditional insurance model. With no shareholders to compensate, excess revenues from favorable loss experience and investment income can be returned to members or reinvested in the program to ensure long-term rate stability. Policy decisions are made by the BETA Council, whose members are elected from among participating facilities. The BETA Council and its committees meet quarterly to vote on all matters affecting the program, including strategic goals, coverage changes and new product decisions. The direct line of authority between the BETA Council and BETA staff has fostered a culture based on responsiveness and shared objectives. HealthPro’s attorney-in-fact, BETAlliance Insurance Services (BAIS), is a California nonprofit mutual benefit corporation formed in 1994 to act as the “sponsoring” association for HealthPro, and to coordinate risk management/quality assurance programs for its members. It also has a member-elected governing body, the BETAlliance (BAIS) Board. 1443 Danville Boulevard Alamo, CA 94507 (925) 838-6070 info@betahg.com Privacy Policy Site Map Copyright © 2021. All Rights Reserved.