HOUSE AMENDMENT
Bill No. HB 63B
   
1 CHAMBER ACTION
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Senate House
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12          Representative Gelber offered the following:
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14          Amendment (with directory and title amendments)
15          Between line(s) 1289 and 1290, insert:
16          Section 29. Effective 2 years after the effective date of
17    this act, each insurer issuing policies of medical malpractice
18    insurance in this state shall reduce the rates for policies
19    issued to hospitals by at least 25 percent of the rate in effect
20    for hospitals on the effective date of this act and for policies
21    issued to persons licensed under chapter 458 or chapter 459,
22    Florida Statutes, by at least 30 percent of the rate in effect
23    for such persons on the effective date of this act, unless such
24    reduction would result in rates that are inadequate for the
25    insurer to cover projected claims. Further, prior to the
26    reduction required by this section, the rates of all such
27    policies may not be increased to any rate higher than the rate
28    in effect on March 17, 2003.
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31    ================= T I T L E A M E N D M E N T =================
32          Remove line(s) 98, and insert:
33          realized; requiring return of excessive amounts; requiring
34    insurers to reduce medical malpractice insurance rates for
35    hospitals and licensed physicians and osteopathic physicians by
36    certain minimum percentages at a time certain; prohibiting
37    certain rate increases prior to such reduction; amending