The NCHA Strategic Partners Workers’ Compensation Fund, in partnership with Arthur J. Gallagher & Co, was formed in October of 1993 to provide high quality coverage and service, as well as to save premiums for NCHA members. North Carolina Healthcare Enterprises, now called NCHA Strategic Partners, formed the Fund to serve the insurance needs of the member hospitals. McNeary, Inc., now Arthur J. Gallagher & Co, provides the marketing, loss control and consulting services. Allied Claims Administration handles the claims for the Fund.
In 2018, the Fund announced that its members will receive almost over $2 million in distributions, normally called dividends, based upon favorable operating results. The distribution, which was made last year, amounts to 35% of last year’s premium. Since 2013, the Fund has distributed 38% of its premiums in distributions.
