About
Coverys is a nationally recognized medical professional liability insurer and value-based care risk-based solutions provider. You can be confident in Coverys’ financial strength and stability. Our underwriting companies have been rated “A” (Excellent) from A.M. Best, and we have served the medical community for 45+ years.Insurance and Services to Reduce DistractionsIn a world of distractions, Coverys is committed to helping healthcare providers and administrators focus on what matters most—providing superior patient care and improving the health of their communities. We deliver robust solutions to help our clients and insureds succeed, including:•A range of flexible coverage options—from traditional first dollar coverage to reinsurance and alternative risk solutions, such as: captives, risk retention groups, loss portfolio transfer, and more.•Best-in-class resources and education to help mitigate risk and improve patient care.•Innovative analytics that are used to uncover the root causes of risk and develop actionable insights to reduce risk. •Superior claims defense and support.•Unique support programs to assist healthcare providers who are experiencing a claim, adverse event, or burnout.•Insurance products to compliment participation in value-based care programs.Support for Our CommunitiesMaking a difference and giving back is our long-standing tradition. Through our Coverys Community Healthcare Foundation, we support and collaborate with organizations that are making a difference in the health of their local communities. Please visit coverys.com for more information.
Products and Services That You Provide
Coverys provides downside financial risk protection for CMS program participants, including nearly all Value-Based Care programs. The insurance coverage underwritten by Coverys protects the participanting organization from the downside risk assumed in these programs, while allowing providers to take full advantage of the upside financial benefits. Coverys Provider Excess Loss (PEL) insurance helps protect providers from the potential financial risks associated with both frequency and severity related healthcare claims. Coverys offers Commercial and Medicare Advantage ACOs both specific and aggregate coverage on admitted PEL policy forms. For ACOs that are in MSSP or NextGen arrangements, Coverys offers tailored aggregate coverage that aligns with CMS program parameters on a reconciliation basis, on our Excess & Surplus (E&S) paper. Please contact your broker for more information.