HB 1435 (2003) -  Medical Malpractice Insurance Reform

by Robaina (CO-SPONSORS) Rivera
Provices for medical malpractice insurance reform; creates a medical mutual insurance company to insure health care providers for liability arising from the negligence or malpractice of health care providers; provides for company board of director determination of insurance rates; requires a company administrator to develop a medical malpractice risk management program; authorizes the board to issue revenue bonds; requires the administrator to formulate a budget; provides for administration by the Office of Insurance Regulation; requires the office to set medical malpractice rates; limits rates for medical malpractice insurance; prohibits issuance of motor vehicle or property insurance without also issuing medical malpractice insurance policies; prohibits denying medical malpractice insurance to health care providers.
Effective Date: This act shall take effect upon becoming a law and shall apply to policies issued or renewed after that date, and shall apply to all rates, rating schedules, or rating manuals submitted to the Office of Insurance Regulation on or after July 1, 2003
Last Event: Died in Subcommittee on Health Access & Financing on Friday, May 2, 2003 6:15 PM

Referred Committees and Committee Actions

Related Bills

Staff Analysis

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Vote History

(No Votes Recorded)

Bill History

Event Time Member Committee Ver.
Event: H Died in Subcommittee on Health Access & Financing Time: 05/02/2003 - 6:15 PM Member: Committee: Subcommittee on Health Access & Financing Version:
Event: H Bill referred to Appropriations Time: 03/14/2003 - 10:02 AM Member: Committee: Appropriations Version:
Event: H Bill referred to Judiciary Time: 03/14/2003 - 10:02 AM Member: Committee: Judiciary Version:
Event: H Bill referred to Insurance Time: 03/14/2003 - 10:02 AM Member: Committee: Insurance Version:
Event: H Bill referred to Subcommittee on Health Access & Financing Time: 03/14/2003 - 10:02 AM Member: Committee: Subcommittee on Health Access & Financing Version:
Event: H 1st Reading Time: 03/06/2003 - 12:00 AM Member: Committee: Version:
Event: H File timely Time: 03/05/2003 - 2:27 PM Member: Robaina Committee: Version: