The Wisconsin Medical Society is planning to challenge lawmakers’ decision to transfer $200 million from a medical malpractice fund to help balance the budget.
Lobbyist Mark Grapentine says the group has hired a lawyer who won a similar case against the state involving pension funds. He says a challenge will be filed shortly after Gov. Jim Doyle signs the budget into law.
Doctors and hospitals pay premiums into the Patients’ Compensation Fund for medical malpractice insurance. The fund had $746 million in assets last year.
Doyle and lawmakers say the fund has a surplus that can be used for health care programs. But the Legislature’s own auditor says the transfer might be illegal and will put the fund on poor financial footing.
Topics Lawsuits Legislation
Was this article valuable?
Here are more articles you may enjoy.
Chubb Outlines Structure of $20B Gulf Reinsurance Facility, Now Including Liability Cover
NY Lawmakers Urged to Have Faith in Auto Insurance Reform Numbers. But Do They?
Jury Finds New Orleans Attorneys Guilty in Staged Auto Accident Scheme
Loss Trends Outpacing Pricing Assumptions: Other Liability Analysis 

