Participants in Premier Insurance Management Services sponsored Excess Workers’ Compensation program divide up $1,363,052

Premier Insurance Management Services Inc. (PIMS) has returned nearly $1,363,052 in experience credit payments to 41 Premier healthcare alliance hospitals and healthcare systems that participate in the PIMS Excess Workers' Compensation sponsored insurance program (see also Premier).

The experience credit payments of $1,363,052, made on January 22, 2010, came from profits posted for policy years 2004/2005 with Safety National which provided the insurance to participants that received the experience credit payments.

PIMS has offered the Excess Workers' Compensation sponsored program to Premier members since 1999. Through the program, participating members have the opportunity for experience credit payments based on favorable program experience. About Safety National In business since 1942, Safety National is the market leader in excess workers' compensation insurance, and also provides alternative workers' compensation products, large casualty programs, self-insurance bonds and assumed reinsurance. For more information about Safety National, visit www.SafetyNational.com. About Premier Insurance Management Services Inc. (PIMS) Incorporated in 1987, PIMS is an Illinois for-profit corporation wholly owned by Premier Inc. PIMS provides contracted management services for American Excess Insurance Exchange, Risk Retention Group (AEIX), and is attorney-in-fact for Premier Insurance Exchange, Risk Retention Group (PRx). PIMS also serves as program manager offering enhanced sponsored programs with leading commercial insurers through a comprehensive portfolio of property, casualty and employee benefit products. Other services include providing claims and risk management assessments and education offerings regarding medical professional liability for hospitals and their physicians. For more information, visit http://www.premierinc.com/risk/tools-services/pims/index.jsp. About Premier Inc., 2006 Malcolm Baldrige National Quality Award recipient The Premier healthcare alliance is more than 2,300 U.S. hospitals and 64,000-plus other healthcare sites working together to improve healthcare quality and affordability. Owned by not-for-profit hospitals, Premier maintains the nation's most comprehensive repository of clinical, financial and outcomes information and operates a leading healthcare purchasing network. A world leader in helping deliver measurable improvements in care, Premier works with the Centers for Medicare & Medicaid Services and the United Kingdom's National Health Service North West to improve hospital performance. Headquartered in Charlotte, N.C., Premier also has offices in San Diego, Philadelphia and Washington. Follow Premier on Twitter.