Issue: Fall 2011
American Jail Association Convention
May 14-18, 2011
Congratulations to the winners of the business card draw for Apple Ipods:
Lt. Jack Hammond, Lorain County, Elyria, Ohio & Sgt. Corey RIngenberg, Canonico County, Flagstaff, AZ
Most Convention Participants Unaware that Inmate Medical Insurance Coverage is Readily Available
A majority of visitors to the Carey booth were unaware that affordable, custom designed inmate medical insurance is available in the marketplace.
We have been selling Inmate Medical Coverage to our satisfied clients for 15 years. (We have never lost an account)
You owe it to your consitituents, shareholders or taxpayers to request a no obligation quotation for Inmate Medical Coverage.
Don't Break The Law! You May be Involved in an Illegal Transaction
Counties and other Public Entities recognize that legel requirements for providing inmate medical coverage force them to assume a tremendous amount of risk. Many inmates require medical attention (Frequency of Risk) and severe and costly illnesses and accidents occur while the inmates are in custody (Severity of Risk).
Now these Public Entities are attempting to transfer some, or all of, that risk. They are transferring this risk to the Medical Management Companies who are managing inmate treatment. Depending on the locality and State, this may be an illegal transaction!
Only regulated insurance companies are authorized to accept risk in most states. These regulations are established to make sure the money is there to pay claims when they happen. Medical Management Companies are not licensed to accept this transfer of risk.
In your current contractual relationships, if you transfer this risk (Public Entity), or accept this transfer of risk (Medical Management Companies) you should obtain legal advice to determine whether or not you are involved in an illegal transaction.
Inmate Medical Insurance and your 2012 Budget!!
William R. Carey & Co, has been providing Inmate Medical Insurance to County Governments and Medical Management Companies for 15 years. Our Underwriters are approved in all states and are highly respected in the insurance industry.
We have paid out over $2,500,000 in Inmate Medical Insurance claims.
We tailor make our insurance products to work in conjunction with and accomodate our clients' existing arrangements for Inmate Medical costs. We encourage you to learn more about our coverage and find out what we can do to reduce your per inmate and per population risk.
Now is the time to investigate the options available to transfer Inmate Medical risk prior to the formulation and approval of your 2012 budget. Clearly, Inmate Medical costs will have a major impact on your budget in the best of years, but can be catastrophic to your budget in a bad year.
Money Back from your Inmate Medical Insurance Coverage
We are pleased to offer to most of our clients a Return of Premium plan based on losses. If you have a good claims year, we will give you money back.
Join our satisfied clients who enjoy receiving this Return of Premium!
Please discuss with your William R. Carey & Co coverage consultant whether the Return of Premium plan is available to you.