Texas Mutual Launches Purchasing Groups for Health Care Industry

Texas Mutual Insurance Company announced two new purchasing groups: Hospitals of Texas (HOTComp) and Texas Medical Group (TMG).

Both groups provide members with a competitive option for their workers’ compensation coverage. Any licensed Texas agent can place qualifying clients into the groups.

HOTComp, which is administered by HealthSure Insurance Services Inc., is open to qualifying and their majority-owned subsidiary businesses in Texas.

TMG is administered by Sanford Insurance Agency. The group is open to qualifying medical risks other than hospitals, such as clinics, nursing homes and hospices.

Texas Mutual Insurance Company gives HOTComp and TMG members a premium based on each group’s premium volume, regardless of their individual premium size. Members have access to a safety plan developed for their industry, and they eligible to participate in the Texas Mutual Insurance Company individual and group dividend programs.

For more information about HOTComp and TMG, visit www.texasmutual.com. Texas Mutual Insurance Company notes that past dividends are not a guarantee of future dividends, and the Texas Department of Insurance must approve all dividends.

Source: Texas Mutual

Topics Texas New Markets Medical Professional Liability