Established in 2003, the MHA Public and Private Workers’ Compensation Groups were formed under the Mississippi Workers’ Compensation Self-insured provision in the Mississippi Statute. Coming out of a volatile insurance market, the hospitals desired to regain stability in the market, govern their affairs and keep the profits associated with their endeavor. At the end of the 2007-2008 fund year, the combined assets of the MHA Public and Private Workers’ Compensation Groups exceeded $12.5 million.

These three fundamental ideals define the Groups’ motive for success.

Stability is derived by charging an adequate premium to cover the potential loss. By moderating volatility, hospitals are able to budget more efficiently.

Governance allows hospitals to determine their focus and future. By focusing on effective and efficient claims and loss control services, hospitals benefit with fewer lost time hours and the employees are able to provide better patient care.

Profits are the result of a successful enterprise. Ownership is the culmination of both Stability and Governance creating a genuine investment in the organizations success.

The Groups provide member hospitals the necessary tools to become self-reliant for their workers’ compensation needs.