LD 590
pg. 1
LD 590 Title Page An Act Regarding Medical Malpractice Insurance Rate Filings LD 590 Title Page
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LR 1881
Item 1

 
Be it enacted by the People of the State of Maine as follows:

 
Sec. 1. 24-A MRSA §2304-C, sub-§§3 and 5, as enacted by PL 1991, c. 377,
§11, are repealed.

 
Sec. 2. 24-A MRSA §2304-C, sub-§5-A is enacted to read:

 
5-A.__Public access.__Immediately after receiving a filing
under this section, the superintendent shall grant access to the
filing to the public.

 
Sec. 3. 24-A MRSA §2304-C, sub-§6, as enacted by PL 1991, c. 377, §11,
is amended to read:

 
6. Public hearing. The superintendent may hold a public
hearing on any filing and must hold a public hearing on a filing
requesting a rate increase of more than 5%, as provided in
sections 229 to 235. At the request of any a person described in
subsection 5 who pays premiums for physicians and surgeons
liability coverage to the company that made the filing or a
person or organization who represents a group of persons who pay
premiums for physicians and surgeons liability coverage to the
company that made the filing, the superintendent shall, as
required by section 229, hold a public hearing on the filing.

 
SUMMARY

 
This bill requires the Superintendent of Insurance to make
medical malpractice filings open to the public and to hold a
public hearing for any filing requesting a rate increase over 5%.


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