Surplus Distribution

Members of PMHIC have the opportunity to receive any surplus money from their claim fund after all non-catastrophic claims have been paid. This is not possible in a typical fully insured plan. For the 2021 plan year, we will return in excess of $26 million in surplus claim funds to 79% of PMHIC members. When you consider your total cost for health expenses in our program, please include these surplus funds in your calculations. Most PMHIC members received a 75% distribution of their 2021 surplus in June. The balance will be distributed before the end of the year when all claims have been closed out. If you were eligible for surplus in 2021 and did not receive the initial distribution in June, you will receive the entire amount before the end of the year.