Florida Hospitals Combat High Property Insurance Rates

Thrall, Terese Hudson
June 2007
H&HN: Hospitals & Health Networks;Jun2007, Vol. 81 Issue 6, p20
Trade Publication
The article deals with the implications of a new law that allows hospitals in Florida pool resources and share the risk of creating their own insurance vehicle. During the 2004 season, five storms caused $67.4 million in damages to 74 hospitals, according to a Florida Hospital Association survey. Matt Muhart of Memorial Healthcare System says that since the pools will be owned by hospitals, they will be determining a rate to charge themselves.


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