Medical malpractice information disclosures; report.
What changed between versions
Removed all statutory dollar limits on the amount of money a patient can recover in a medical malpractice lawsuit, regardless of when the malpractice occurred.
Removed the requirement for insurers to adjust damage limits every two years based on inflation and the cost of living.
Added a new mandate requiring medical malpractice insurers to disclose detailed financial and claims data, including premiums, number of insured providers, and average verdict amounts.
Added a new mandate requiring self-insured healthcare facilities to report their claims activity, expenditures, and malpractice loss ratios.
Added a requirement for insurers and facilities to submit a list of any jury verdicts that exceeded the old statutory damage caps.
Removed the rule allowing patients to recover up to two years of prejudgment interest if the verdict exceeded the statutory cap.
Removed the rule limiting a patient's ability to collect money from a doctor's personal assets unless the doctor committed gross neglect or willful misconduct.
Added a requirement for the Department of Planning and Budget to submit updated dollar amounts for future damage caps by June 30, 2029, though these caps are now effectively removed from the text.