Financial Highlights

Highlights

($ in thousands) 2021 2022 2023 2024 2025
Gross member contributions earned $174,429 $184,811 $195,588 $198,471 $207,394
Net investment income 20,431 4,198 13,899 20,987 26,610
Total assets 743,489 714,319 754,000 776,000 817,445
Cash and investments 662,000 618,020 653,119 669,427 714,021
Loss reserves 314,133 336,838 366,024 384,862 407,737
Member dividends declared 14,300 11,400 7,100 6,200 4,200
Net position 287,380 226,484 242,000 242,000 263,782

Certain amounts from prior years have been reclassified to conform to the current year presentation.

BETA Healthcare Group has a financial strength rating of “A” (Excellent) with a stable outlook from A.M. Best. For the latest Best’s Credit Rating, access www.ambest.com.

Welcome

From the CEO

BETA is committed to providing its members with the broadest, most favorably priced coverages possible while offering leading-edge risk management and patient and employee safety programs.

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Learn More About BETA Healthcare

BETA Fact Sheet
Get a quick overview of BETA Healthcare Group’s insurance coverages, risk management services, claims expertise, and programs designed to protect healthcare organizations, patients, and employees.
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BETA History

Since 1979, BETA Risk Management Authority has grown to 156 JPA members, becoming one of the nation’s largest risk-sharing pools.

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2025 Annual Report

Download the Annual Report here. 

Members can log in to view current audited financials and prior annual reports here.

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Webinars and Workshops

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BETA Joins NIOSH Total Worker Health® Affiliate Program

BETA Maintains its “A” (Excellent) Rating from A.M. Best

BETA Announces Alignment with CMS’ PSSM (Patient Safety Structural Measure)

BETA Personnel Participating in Upcoming Conferences

Jonathan D. Stewart, J.D., M.S.c., M.S., RN, NPD-BC, CPPS, CPHRM, Senior Director, Risk Management and Patient Safety, is leading a Cognitive Interviewing Workshop for adverse event investigation in partnership with…

Dec 5 – BETA Healthcare Group Signs Alliance Agreement with Cal/OSHA

Nov 29 – BETA Healthcare Group Maintains its “A” (Excellent) Rating from A.M. Best

Sept 23 – Video: Dr. Tim McDonald’s TEDxSanDiego Talk Mentions BETA HEART as a model of transparency and healing after harm in healthcare.

CURIS

May 26 – Article: Deteriorating Tort Reform, Legal Media, and Provider Environment Roils MPL Industry (MPL Association) – April Johnson, Vice President of Claims and Corporate Compliance at BETA weighs in on tort reform, costs impacting healthcare and social media

Oct 10 – A.M. Best Affirms BETA Healthcare Group’s “A” (Excellent) Rating and Stable Outlook

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