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Med Mal News
Money Transferred from Excess-Insurance Fund to Be Returned Under PA Accord
The Commonwealth of Pennsylvania has settled five years of litigation with several health-care provider groups over a $100 million transfer of funds from the Medical Care and Reduction of Error Fund (MCARE) to the commonwealth's general fund. Also part of the settlement, the commonwealth will recalculate the annual assessments it charges doctors for MCARE's excess medical malpractice insurance coverage. David E. Loder, counsel for one of the plaintiffs, The Hospital & Healthsystem Association, said, “I think the settlement essentially provides that no longer will the MCARE fund be able to generate these large surpluses on overpayments by the health care industry.”
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