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