HOUSE AMENDMENT
Bill No. HB 1713
   
1 CHAMBER ACTION
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Senate House
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12          Representative Bucher offered the following:
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14          Amendment (with title amendment)
15          Between lines 772 and 773, insert:
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17          Section 21. Effective 2 years after the effective date of
18    this act, each insurer issuing policies of medical malpractice
19    insurance in this state shall reduce the rates for policies
20    issued to hospitals by at least 25 percent of the rate in effect
21    for hospitals on the effective date of this act and for policies
22    issued to persons licensed under chapter 458 or chapter 459,
23    Florida Statutes, by at least 30 percent of the rate in effect
24    for such persons on the effective date of this act, unless such
25    reduction would result in rates that are inadequate for the
26    insurer to cover projected claims. Further, prior to the
27    reduction required by this section, the rates of all such
28    policies may not be increased to any rate higher than the rate
29    in effect on March 17, 2003.
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32    ================= T I T L E A M E N D M E N T =================
33          Remove line(s) 48, and insert:
34          filings; requiring insurers to reduce medical malpractice
35    insurance rates for hospitals and licensed physicians and
36    osteopathic physicians by certain minimum percentages at a time
37    certain; prohibiting certain rate increases prior to such
38    reduction; amending s. 627.357, F.S.; deleting the