| A Message
from the CEO
by Charles Crispin, President &
CEO, Evergreen Re

Reinsurance: Are
you really protected?
We talk a lot about catastrophic
risk and the growing threat of million dollar plus claims,
but it usually doesn’t become crystal clear to clients
until they experience claims of this severity. All
of a sudden what we do and why we do it becomes truly important – protecting
health plans and other managed care organizations from seemingly
impossible yet potentially destructive claims.
For instance, a Medicare Advantage
Plan in its first year of operation recently had an
80-year-old member admitted at a hospital for surgery. A
previously undiagnosed hemophiliac, the member spent
22 days in the hospital and died.
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