MADIGAN,MJ AND CURRIE.
MEDICAL MALPRACTICE INSURANCE
Synopsis of Bill as introduced:
Amends the Medical Practice Act of 1987. Provides that a
physician must maintain a minimum of $1,000,000 in liability coverage.
Amends the Illinois Insurance Code. Provides that insurers in the
business of providing Class 2(c) insurance must establish a premium
scale for coverage classification.
FISCAL NOTE (Department of Professional Regulation)
Estimated cost to monitor compliance is $68,000 per year;
additional costs could be as much as $144,000 per year,
assuming 2% failure and $200 per case.
Last action on Bill: SESSION SINE DIE
Last action date: 01-01-09
Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0
END OF INQUIRY
Full Text Bill Status