Mount Sinai Health System Self Insurance Trust

Mount Sinai Health System Self Insurance Trust is a self-insurance program designed to address and settle healthcare patient claims arising from medical malpractice liability and hospital professional liability claims against the members of the Mount Sinai Health System, their employees, and agents. The Trust's mission revolves around managing and resolving claims, ensuring financial security for its members, and maintaining a robust framework for handling medical negligence cases.

The Trust's primary function is to make payments for settling healthcare claims that assert professional negligence. This includes excess insurance premiums for claims that surpass the self-insurance retention, as well as various other expenses related to the program. Actuarial expenses also fall under the Trust's jurisdiction. By assuming the financial risk for potential claims, the Mount Sinai Health System Self Insurance Trust allows its members to focus on delivering high-quality healthcare services, ultimately improving patient outcomes. The Trust's commitment to financial management and risk mitigation demonstrates its essential role in supporting the Mount Sinai Health System and its members.