Ownership Provides Control and Peace of Mind
The policy for Pacific Northwest dentist professionals requires ownership by each dentist covered under the policy. Ownership is achieved through a one-time purchase of common stock. The common stock purchase is a nominal amount and the purchase price is fully refundable in the event coverage is terminated or cancelled.
Joining CHI means becoming an owner of an established risk retention group, allowing for certain elements of control:
- An Underwriting Committee with the authority and ability to “vet” dentists before allowing coverage under the policy.
- A Claims Committee to perform root cause analysis, share lessons learned and support dentists with the resolution of claims.
- A Pacific Northwest dentist professional representative has the opportunity to join the CHI Board of Directors, subject to the Nominating Committee and Board of Directors policies and procedures.