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93RD GENERAL ASSEMBLY
State of Illinois
2003 and 2004 SB3052
Introduced 2/6/2004, by David Luechtefeld, Frank C. Watson SYNOPSIS AS INTRODUCED: |
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Amends the Medical Practice Act of 1987. Provides that, subject to appropriation, the Department of Professional Regulation shall create a program for the State fiscal year beginning July 1, 2004 to reimburse physicians licensed under the Act in specific high-risk specialties for a portion of their medical malpractice premiums. Effective July 1, 2004.
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| FISCAL NOTE ACT MAY APPLY | |
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A BILL FOR
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SB3052 |
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LRB093 20698 AMC 46680 b |
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| AN ACT concerning physicians.
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| Be it enacted by the People of the State of Illinois,
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| represented in the General Assembly:
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| Section 5. The Medical Practice Act of 1987 is amended by |
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| adding Section 28.5 as follows: |
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| (225 ILCS 60/28.5 new) |
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| (Section scheduled to be repealed on January 1, 2007) |
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| Sec. 28.5. Medical malpractice premium reimbursement |
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| program.
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| (a) Subject to appropriation, the Department shall create a |
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| program for the State fiscal year beginning July 1, 2004 to |
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| reimburse physicians licensed under this Act in specific |
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| high-risk specialties for a portion of their medical |
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| malpractice premiums. |
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| (b) The Department shall reimburse any physician eligible |
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| for the program under this Section for up to 75% of their |
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| premium increase based on the insurance premium invoices |
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| required under subsection (c) with a maximum reimbursement of |
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| $100,000 per physician. For the purposes of this subsection, |
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| "premium increase" does not include changes in coverage, |
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| including coverage limits, new procedures, or increased risk.
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| (c) To participate in the program, physicians must apply to |
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| the Department on forms approved by the Department and submit |
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| insurance premium invoices showing premiums due between July 1, |
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| 2003 and June 30, 2004 and between July 1, 2004 and June 30, |
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| 2005.
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| (d) Physicians who specialize in the following areas are |
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| eligible to participate in the program established under this |
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| Section: |
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| (1) Obstetrics. |
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| (2) Emergency medicine. |
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| (3) Neonatology. |