In response to the rising cost of medical expenses
and insurance premiums related to athletics injuries,
the NCAA has created the NCAA Group Basic Accident Medical
Program. By combining four key pillars for success,
the program is designed to “Bridge the Gap” between
risk management and athletics. When fully implemented,
this program will empower institutions to control
costs and reduce expenses.
Click on each Pillar for Success to learn more about
the uniqueness of the NCAA Program.
NCAA Program Partners
Pillars for Success...
| Cost Containment
| Risk Management |
The NCAA has leveraged its collective resources to produce
and tailor a superior insurance program that protects the
student-athlete’s well-being and the institution’s financial status.
The product has been designed uniquely and specifically for
NCAA members with the Master Policy form negotiated on behalf
of the schools in accordance with NCAA regulations. Premiums
will be derived from each participating institution’s individual
claims experience using a consistent and “open book” approach.
The NCAA and its risk management partners have designed optimal
customer services that are unrivaled in the marketplace – including
an online system to manage all information related to the program.
In addition to standard claim services, the program also provides
electronic incident (claims) reporting, real-time claims tracking
and seamless claims management from the basic plan into the catastrophic
plan. Network cards and direct provider negotiations are also an
integral part of the package.
The NCAA is committing the financial and management resources
to facilitate the initiation and success of the program and has
negotiated a cap of the insurer’s profit that allows excess profits
to be shared with participating member institutions. The program
is transparent relative to all costs associated with program
administrators – with fee thresholds at or below standard basic
accident commission levels.
The NCAA and its partners have developed "Best Practices" to assist
member institutions in maximizing opportunities to control and reduce
medical expenses related to athletics injuries. These include effective techniques
for managing risk such as primary insurance tracking, tailored provider
networks and the establishment of a risk management team. The web-based
"Virtual Risk Manager", created exclusively for this program,
will provide a dedicated resource for participating institutions to
access best practices and claims information 24 hours a day.
NCAA Program Partners
- Participating NCAA Members
- NCAA National Office
- Participant Accident Medical Claim Payer 40+ Years
- NCAA Catastrophic Insurance Provider for 10+ years
- A.M Best Rating of A+ (Superior)
- Risk Management and Insurance Advisor to the NCAA for 15+ Years
- Experts in the area of risk consulting and crisis management
- Exclusively manages risk for the sports and entertainment industry
- 35+ years experience in Intercollegiate Insurance Business
- Nearly two centuries of combined staff experience in Intercollegiate Sports Insurance
- Currently provides basic coverage to hundreds of NCAA, NAIA & NJCAA institutions