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August 24, 2010
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Medical Malpractice News

 

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 Vermont.

 

 
Did You Know?    
 
 
Drug-switching practices happen and are very dangerous
Another public-spirited drug giant, Merck, was forced to pay a settlement of $1.9 million to 17 states in 1995 for drug-switching practices involving its Medco subsidiary. Medco pharmacists, who had given excessively favorable treatment to Merck products, were thereafter required to reveal their Merck connection to their customers.

 


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News about Medical Malpractice cases in Vermont and nationwide:

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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The Best Offense Is a Good Defense Against Medical Errors
Let's face it, we all make mistakes. Mistakes happen in hospitals, they happen in outpatient clinics, they happen in nursing homes and home care, a...
Read more >


New Company Moves Toward Offering Malpractice Insurance In Wyoming
CHEYENNE, Wyo. - A third insurance company may soon begin offering medical malpractice liability coverage to doctors in Wyoming. The Medical P...
Read more >


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Lawyer Vermont.com Terms

 


Today's Terms

Stipulation

Definition:
An agreement, admission or concession made in a judicial proceeding by the parties or their attorneys, thus relieving a party of its obligation to produce evidence in support of an argument or allegation.

Punitive damages

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

Negligence

Definition:
Failure to exercise that degree of care that a reasonable person would exercise under the same circumstances. When that failure causes another person to suffer an injury or financial loss, that person may be entitled to just compensation through our civil justice system.

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Malpractice Resources

 


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Malpractice Hot Topics

 
Topics Related to Medical Malpractice:

  • Surgical Malpractice
  • Medication Errors
  • Bacterial Infections
  • Birth Injury
  • Dental Malpractice

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Vermont Medical-Malpractice Attorney

 
If you live in the following cities and need an Medical-Malpractice attorney you should contact our Medical-Malpractice Attorney as soon as possible:

  • Barre
  • Bennington
  • Brattleboro
  • Burlington
  • Colchester
  • Essex Junction
  • Milton
  • Montpelier
  • Rutland
  • Saint Albans
  • South Burlington
 


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