Pennsylvania Professional Liability Joint Underwriting Association

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 231984582 ✦ Blue bell, PA ✦ Designated as a 501(c)(6)

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Overview

What is Pennsylvania Professional Liability Joint Underwriting Association?

The Pennsylvania Professional Liability Joint Underwriting Association is a nonprofit organization committed to providing medical professional liability insurance coverage for healthcare providers in the Commonwealth of Pennsylvania. In alignment with Section 732, Subsection C of the Medical Care Availability and Reduction of Error Act, their mission is to ensure access to insurance protection for healthcare professionals, thus contributing to the overall improvement of healthcare services in the state.


Official website here: www.pajua.com

Is Pennsylvania Professional Liability Joint Underwriting Association legitimate?

Pennsylvania Professional Liability Joint Underwriting Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Pennsylvania Professional Liability Joint Underwriting Association submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $629,526

For more financial information, click here


Official website here: www.pajua.com

What is the mission statement of Pennsylvania Professional Liability Joint Underwriting Association?

The Pennsylvania Professional Liability Joint Underwriting Association provides medical professional liability insurance, adhering to Section 732, Subsection C, of the Medical Care Availability and Reduction of Error Act. Their primary mission is to offer insurance coverage that shields healthcare providers from potential malpractice claims. By doing so, they contribute to the maintenance of a robust healthcare system within the industry. This association's purpose is to ensure that healthcare professionals have the necessary protection to focus on delivering quality care to their patients. Additionally, their commitment to this mission enhances the overall trust and confidence in the healthcare sector.


Official website here: www.pajua.com

Who is the CEO of Pennsylvania Professional Liability Joint Underwriting Association?

Susan M Sersha is the President of Pennsylvania Professional Liability Joint Underwriting Association.


Official website here: www.pajua.com

What is the revenue of Pennsylvania Professional Liability Joint Underwriting Association?

Pennsylvania Professional Liability Joint Underwriting Association's revenue in 2022 was $18,081,244.


Official website here: www.pajua.com

Who are the executives of Pennsylvania Professional Liability Joint Underwriting Association and what are their salaries?

The average compensation at Pennsylvania Professional Liability Joint Underwriting Association during 2022 was $157,382. There are 4 employees at Pennsylvania Professional Liability Joint Underwriting Association.


Here are 8 key members and their salaries:


Susan M Sersha (President)
  • Compensation: $273,998
  • Related: $0
  • Other: $44,440
Nancy Mc Kittrick (Claims Manag)
  • Compensation: $158,098
  • Related: $0
  • Other: $28,547
Jeffrey J Davis (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
James G Nealon Iii (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martin Trichtinger Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John S Olkowski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cheryl Tamasitis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Parsons Esq (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.pajua.com

Where can I find the form 990 for Pennsylvania Professional Liability Joint Underwriting Association?

Pennsylvania Professional Liability Joint Underwriting Association's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.pajua.com

Learn more at the official website: www.pajua.com

Mission Statement of Pennsylvania Professional Liability Joint Underwriting Association

The Pennsylvania Professional Liability Joint Underwriting Association, also known as PPLJUA, is a vital organization dedicated to offering medical professional liability insurance in accordance with Section 732, Subsection C, of the Medical Care Availability and Reduction of Error Act (The Act). In simpler terms, PPLJUA provides insurance coverage for medical professionals as required by this legislative act.

The mission of PPLJUA is twofold. First and foremost, it focuses on ensuring that medical professionals in Pennsylvania have access to liability insurance that protects them against potential malpractice claims. This coverage is essential for the provision of quality health care services within the Commonwealth. By offering this insurance, PPLJUA plays a crucial role in maintaining a stable and well-equipped health care system.

Secondly, PPLJUA's commitment to The Act is instrumental in reducing the risks associated with medical errors and enhancing the overall quality of healthcare services. By providing insurance coverage that encourages medical professionals to practice diligently and adhere to best practices, PPLJUA helps foster a culture of excellence and continuous improvement within the healthcare industry. In doing so, it ensures that the citizens of Pennsylvania receive the highest possible standard of care.

In summary, PPLJUA is a dedicated organization that offers medical professional liability insurance in accordance with The Act. Through its mission, the association plays a vital role in maintaining a robust and responsible healthcare system in Pennsylvania, providing essential insurance coverage for medical professionals and promoting a culture of excellence and continuous improvement.

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Impact




October, 2024

The Pennsylvania Professional Liability Joint Underwriting Association plays a critical role in the healthcare landscape by providing essential medical professional liability insurance to healthcare providers in Pennsylvania. This initiative helps protect healthcare professionals against the financial risks associated with malpractice claims, thereby promoting confidence in the delivery of medical services.

By offering this coverage in compliance with the Medical Care Availability and Reduction of Error Act, the Association ensures that healthcare providers can safely practice their professions without the looming fear of crippling legal costs. This, in turn, contributes to a stable healthcare environment, encouraging professionals to offer high-quality care while also fostering patient trust.

The Association's existence enhances the availability of insurance options for medical practitioners, particularly in a market where securing malpractice coverage can be challenging. Overall, its impact supports the sustainability of healthcare services across the Commonwealth of Pennsylvania, ultimately benefiting both providers and patients alike.




This information is meant to be a general summary of Pennsylvania Professional Liability Joint Underwriting Association. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$18,081,244 (2022)
Expenses
$11,906,834 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $10,988,085
  • Program Service Revenue: $7,093,159
  • Gross Receipts: $126,582,262

Assets and Liabilities:

  • Total Assets: $361,111,233
  • Total Liabilities: $28,998,505
  • Net Assets: $332,112,728

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

EARNED PREMIUM

Revenue

$7,073,084

INSTALLMENT/SERVICE FEES

Revenue

$20,075

Organization Details

Founding Year

1976

Principal Officer

Susan M Sersha

Main Address

1777 SENTRY PARKWAY WEST VEVA 14, BLUE BELL, PA, 19422

NTEE Category

Code: Y20 - Mutual benefit

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