California Healthcare Insurance Company, Inc., A Risk Retention Group was formed in 1988 by a group of health care providers to more effectively control the cost and quality of their professional and general liability exposures through the ownership of their own insurance company.
The concept has been enormously successful. Today hospitals, health systems and physician groups throughout the state are attracted to CHI because of their quality programs and cost savings. Competitive premiums are only part of the savings. Because CHI is owned by its policyholders, it captures 100 percent of the profits which remain in the healthcare industry.
CHI is the exclusively endorsed medical malpractice carrier of the California Hospital Association. A.M. Best has rated CHI, A- in the stable category.
Optima Healthcare Insurance Services is CHI’s wholly-owned, full-service brokerage company that adds further value to CHI customers by providing ancillary insurance products for CHI members and other health care providers.