Each fund administered by PERMA also has a series of standing committees that meet in advance of the main monthly meeting to explore issues and prepare recommendations for consideration by the full board.
While the committee structure varies, generally JIFs and HIFs include the following:
- Management Committee: Responsible for long-range planning, budgets, requests for proposals, contracts, finances, audits and regulatory compliance.
- Coverage Committee: Responsible for insurance-related issues, coverage determinations, and membership applications.
- Safety Committee: Responsible for the risk control program.
- Claims Committee: Responsible for approval of claims presented by claims adjusters for settlement.
The MEL also has a permanent Audit Committee that includes two outside members.