HealthCap USA
InsuranceMichigan, United States11-50 Employees
HealthCap USA is a mid-sized insurer focused on general and professional liability within the long-term care sector. It serves nursing homes, assisted living facilities, and continuing care retirement communities by providing liability coverage along with risk management services and accredited education. The company is owned and governed by its member facilities, with profits allocated to members and any excess returned as dividends at the board's discretion. Founded in 2001 and based in Ann Arbor, Michigan, HealthCap has grown into a top-three liability insurer for the senior-care sector, supported by substantial assets and equity and holding an A (Exceptional) rating from Demotech. It insures more than 1,700 facilities and emphasizes three core pillars: member ownership, risk management, and claims expertise. In October 2025, HealthCap participated in the AHCA/NCAL Annual Expo in Las Vegas, illustrating ongoing engagement with the broader senior-care community.