HOUSE AMENDMENT
Bill No. HB 15C
   
1 CHAMBER ACTION
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Senate House
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12          Representative Ryan offered the following:
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14          Amendment (with directory and title amendments)
15          Between line(s) 2001 and 2002, insert:
16          (10)(a) Upon the filing of a proposed rate change by a
17    medical malpractice insurer or self-insurance fund, which filing
18    would result in an average statewide increase of 25 percent or
19    more, pursuant to standards determined by the Office of
20    Insurance Regulation, the insurer or self-insurance fund shall
21    mail notice of such filing to each of its policyholders or
22    members. The notices shall also inform the policyholders or
23    members that a public hearing may be requested on the rate
24    filing and of the procedures for requesting a public hearing, as
25    established by rule, by the Financial Services Commission.
26          (b) The rate filing shall be available for public
27    inspection. If any policyholder or member of an insurer or self-
28    insurance fund that makes a rate filing described in paragraph
29    (a) requests the Office of Insurance Regulation to hold a
30    hearing within 30 days after the mailing of the notification of
31    the proposed rate changes to the insureds, the office shall hold
32    a hearing within 30 days after such request. Any policyholder or
33    member may participate in such hearing. The Financial Services
34    Commission shall adopt rules implementing the provisions of this
35    subsection.
36          (c) No medical malpractice insurer shall raise insurance
37    rates without prior approval of the Office of Insurance
38    Regulation.
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40    ============= D I R E C T O R Y A M E N D M E N T =============
41          Remove line(s) 1920, and insert:
42          Section 36. Subsections (7), (8), (9), and (10) are added
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45    ================= T I T L E A M E N D M E N T =================
46          Remove line(s) 140, and insert:
47          invalid by a court of competent jurisdiction; providing for
48    consumer participation in review of medical malpractice rate
49    changes; providing for public inspection; providing for adoption
50    of rules by the Financial Services Commission; prohibiting the
51    raising of medical malpractice insurance rates without prior
52    approval of the Office of Insurance Regulation; amending s.