Ruling Expected Soon on Tapping New Hampshire Malpractice Fund

July 29, 2009

A judge is expected to rule this week whether New Hampshire can take $110 million from a malpractice insurance fund to balance the state budget.

Judge Kathleen McGuire froze the fund last month until its ownership is determined.

The state set up the fund to ensure that affordable malpractice insurance would be available. The state claims that contributors to the fund got what they paid for, and the state is entitled to the surplus.

Lakes Region General Hospital and other policyholders say the money is theirs and the state has no right to it.

Was this article valuable?

Here are more articles you may enjoy.