Click here to view and download the Fall 2019 Issue
2018 Financial Highlights – Constellation Insurance Companies
Constellation is a growing portfolio of medical professional liability insurance companies, which currently includes MMIC in the Midwest, UMIA in the Mountain States, and Arkansas Mutual. Together, these organizations collaborate throughout much of the country to offer our health care and long-term care clients a market-leading blend of financial stability, highly responsive customer service, and innovative approaches to liability risk management. Our dedication to care teams informs all we do, as we believe that what’s good for care teams is good for business. In 2018, we worked “together for the common good” to achieve another year of impressive results, as well as strong positioning for our future.
“A” rated by A.M. Best
A.M. Best, the most widely recognized insurance rating agency, affirmed our financial stability with an “A” (“Excellent”) rating. Our ongoing financial strength enables us to deliver superior service to our policyholders while continuing to invest in opportunities that will drive future growth. Ultimately, our solid financial position fuels our mission to help physicians and all those who devote their lives to health care attain their dream—to help, heal and serve.
We’ve changed our name! Brink® magazine is now Common Factors™, a better reflection of our goal to bring our readers data, insights and ideas—the common factors that come together to help you build healthy care teams and a healthy bottom line. Because we believe good care is good business.
Click here to view and download the Spring 2019 Issue
Google said it would begin showing people where to discard unneeded medications, at places such as local pharmacies, hospitals and government buildings.
Users can type “drug drop off near me” or “medication disposal near me” to see locations on Google Maps (a free app).
There’s so much to learn from malpractice claims data. Constellation has collaborated with CRICO Strategies to do even more with the data from our member insurance companies. By working together and sharing data, we are able to dive deeper and draw more meaningful insights and analyses for our policyholders. Preventing a claim is always preferred and sometimes there are simple ways to change care team practices that can make a significant different. It’s all in the data! Read the new CRICO Strategies case study that highlights our efforts together.
To: Arkansas Mutual Policyholders: OB/GYN, Family Practitioners, Plastic Surgeons
From: Rebecca Tutton, RN, JD, Risk and Patient Safety, Arkansas Mutual Insurance Company, Rebecca.firstname.lastname@example.org
I have provided a link to an FDA warning that came out June 30, 2018 regarding the use of energy-based devices to perform vaginal “rejuvenation” or vaginal cosmetic procedures, at the end of this memo.
An FDA August 2, 2018 update letter included some manufacturers that had been overlooked in the June 30 letter. I have included the link to this letter as well.
The warning states
“we alert patients and health care providers that the use of energy-based devices (commonly radiofrequency or laser) to perform vaginal rejuvenation, cosmetic vaginal procedures or non-surgical vaginal procedures to treat symptoms related to menopause, urinary incontinence, or sexual function may be associated with serious adverse events. The safety and effectiveness of energy-based devices for treatment of these conditions has not been established.”
By Jason Hendren with Wright, Lindsey & Jennigs LLP (Rogers, AR)
Original Publication in Arkansas Hospitals (AR Hospital Association), Summer 2018 Publication
On November 6, 2018, Arkansans will have the opportunity to vote on “issue 1,” which if passed would put several “tort reform” measures into effect beginning 1/1/2019. Issue 1 contains five proposals: (1) limits on attorney contingency fees; (2) caps on non-economic damages; (3) caps on punitive damages; (4) changes in the way rules of pleading, practice and procedure are governed in civil court cases; and (5) preservation of the right to trial by jury.
Christopher T. Westfall, MD: UAMS College of Medicine Dean; Zoe Weeks: 3rd Year Med Student; Corey Little, President of AR Mutual Insurance
Sept. 21, 2018 | Zoe Weeks of Jonesboro has been awarded the $10,000 Arkansas Mutual Medical Student Award, a scholarship for third-year medical students at the University of Arkansas for Medical Sciences (UAMS) who want to practice primary care in rural Arkansas.
Weeks, a graduate of the University of Arkansas at Fayetteville and the University of Missouri-St. Louis, first pursued a career in teaching and decided to switch to medicine after spending a summer in the Delta and seeing the health care challenges there.
“Throughout my time in education working in underserved communities, I found the challenges facing our rural communities to be particularly unique and intertwined with so many other barriers, like access to health care,” Weeks said. “This is why I came to medical school, and I hope to one day be a part of a bigger solution that focuses on improved health care access and preventive medicine in rural Arkansas.”
Arkansas Mutual Insurance Company completed 2017 in a solid financial position affirmed by an “A” (“Excellent”) rating by A.M. Best, the insurance industry’s leading rating agency. Since 2015, Arkansas Mutual has been a member of the Constellation family of companies, which also includes MMIC, the largest medical professional liability insurance organization in the Midwest, and UMIA, a leading medical professional liability insurance organization in the Mountain States. Arkansas Mutual is able to draw upon Constellation’s strong financial resources and dedicated team members to support the needs of Arkansas physicians and healthcare providers through a team of local experts.
In 2017, Constellation reported increased members’ surplus, strong net income and outstanding customer retention. This collective financial strength and security is reflected by the “A” “Excellent”) rating received from A.M. Best by each of our members of the Constellation insurance group.
This is an informative PowerPoint Presentation by Jason B Hendren, JD with Wright Lindsey & Jennings, LLP in Rogers, AR.
A Tort Reform amendment to the Arkansas Constitution will be available to vote, on the November 2018 ballot.
Policyholders, please click here, and login to view this PowerPoint.