Premier Inc. Insurance Program Distributes $5 Million to Participating Member Hospitals

$5 million has been returned to 64 hospitals and health systems through a market-exclusive program from Premier Insurance Management Services, a Premier Inc. (NASDAQ: PINC) company. Over the last 22 years, the profit-sharing program, in partnership with Safety National Casualty Corporation (SN), has returned more than $37 million to Premier alliance member policyholders.

“Once again, our members benefit from a program that illustrates our unique position and value in the endorsed product space,” said Joelle Hren, President of Premier Insurance. “I’m so proud of our team and their work building relationships that make it possible to successfully navigate opportunities, risks and challenges with our members.”

Safety National^® is a multi-line specialty insurance carrier that offers risk solutions for large commercial and public entity clients, providing specialized expertise, flexible program design and unique claims proficiency supported by relationship-driven customer service. A market leader since 1942, the company is a member of the Tokio Marine Group and is rated A++ (Superior), FSC XV by A.M. Best.

No industry is immune to market fluctuations and unforeseen events. Premier alliance members count on the responsiveness, ease of accessibility and peace of mind provided by the Premier Insurance team and portfolio of carefully vetted products and solutions. Active, qualifying policyholders in the profit-sharing program have an opportunity to receive a portion of policy year profits based on favorable program experience.