HOUSE AMENDMENT
Bill No. HB 15C
   
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 title amendment)
15          Remove line(s) 1966-2001, and insert:
16          (9) Effective 2 years after the effective date of this
17    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 by
22    at least 30 percent of the rate in effect for such persons on
23    the effective date of this act, unless such reduction would
24    result in rates that are inadequate for the insurer to cover
25    projected claims. Further, prior to the reduction required by
26    this subsection, the rates of all such policies may not be
27    increased to any rate higher than the rate in effect on March
28    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) 135-140, and insert:
33          requiring insurers to reduce medical malpractice insurance rates
34    for hospitals and licensed physicians and osteopathic physicians
35    by certain minimum percentages at a time certain; prohibiting
36    certain rate increases prior to such reduction; amending s.