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August 24, 2010
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Medical Malpractice Liability Insurance Premium Assistance Fund

The Department of Banking and Insurance (“Department”) is issuing this public notice as required by N.J.S.A. 17:30D-28 et seq. and N.J.A.C. 11:27-7 regarding the determination of eligibility for a premium subsidy for 2005 (payable in 2006) from the Medical Malpractice Liability Insurance Premium Assistance Fund (the “Fund”) in accordance with N.J.S.A. 17:30D-30a(2) and N.J.A.C. 11:27-7.5. The background of the Fund, and applicable statute and rules, are discussed below.

The New Jersey Medical Care Access and Responsibility and Patients First Act, P.L. 2004, c.17 (the “Act”), provided for changes to the medical malpractice liability system to ensure that the residents of this State have access to highly-trained health care practitioners in all specialties. One of the means by which the Act seeks to achieve this goal is the establishment of the Fund, which is intended to provide premium subsidies to certain practitioners and health care providers, as defined in the Act, to help ensure that access to care in particular specialties or subspecialties is not threatened as a result of the cost of medical malpractice liability insurance in this State. Monies to be distributed from the Fund are to be obtained through assessments on various parties, as set forth in N.J.S.A. 17:30-29. The Department is responsible for the administration of the Fund but not for the imposition and collection of the assessments. Pursuant to the Act, the assessments for the Fund and the disbursements of the subsidies are to occur annually over a three-year period. Read more at state.nj.us

Please contact us if anyone you know has suffered from debilitating injuries due to medical malpractice in Michigan.

 

 
Did You Know?    
 
 
You still have rights even if you signed a consent form
A consent form does not give the health care provider a license to commit malpractice. While the execution of a typical consent form indicates acknowledgement of stated risks and complications associated with a given treatment or procedure, it does not relieve the health care provider from his or her duty of meeting the standard of care associated with such treatment or procedure.

 


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News about Medical Malpractice cases in Michigan and nationwide:

Folic Acid May Prevent Cleft Lip and Palate
A new study finds that women who take folic acid supplements early in their pregnancy can substantially reduce their baby’s chances of being born w...
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Ins. Dept. Commends Legislature For Medical Malpractice Insurance Reform Bill
Enhanced reporting requirements will give more complete picture of industry

JEFFERSON CITY, MO – Missouri Department of Insurance Director ...

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Medical Board Launches New, Consumer-Friendly Web Site Address
  • A physician's address of record
  • The date a physician's license was issued, and the date it will expire if not renewed
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    Medical Malpractice.com Terms

     


    Today's Terms

    Cleft Lip and Cleft Palate

    Definition:
    A cleft is a separation in a body structure. Clefts that occur in the oral-facial region often involve the lip, the roof of the mouth (hard palate) or the soft tissue in the back of the mouth (soft palate).

    Punitive damages

    Definition:
    Damages awarded in addition to compensatory (economic and noneconomic) damages to punish a defendant for willful and wanton conduct.

    Fibromyalgia

    Definition:
    A pain disorder in which a person feels widespread pain and stiffness in the muscles, fatigue, and other symptoms.

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