Wisconsin Repays Fund that Keeps Medical Malpractice Rates Low

side note: This is a news story that caps the almost five-year saga where the Wisconsin Medical Society litigated for the return of $233 million the state took from the Wisconsin Patient Compensation Fund to balance its 2007 budget. A patient compensation fund is a state-run fund that the healthcare community pays into to keep the state’s medical malpractice insurance rates affordable.

Gov. Scott Walker says the state of Wisconsin has repaid a medical malpractice fund $233 million after a raid in 2007 done to help balance the budget.

continue reading

You may also like

Legislative panel approves medical malpractice bill
Read more
Urgent-care centers: Illinois numbers grow as time-pressed families seek low-cost option to ERs
Read more
Global Center for Medical Innovation launches
Read more

Recent Posts

Medical Professional Liability Premium Growth Slowed in 2022

Alaska Supreme Court Overturns Law Limiting Awards in Some Medical Malpractice Cases

Study Shows Wide Variance Among States’ Malpractice Costs

Popular Posts

California Healthcare Providers, Trial Attorneys, Legislators Reach Deal to Increase MICRA Cap

2022 Medical Malpractice Insurance Rates: What the data tells us

Global Center for Medical Innovation launches

Start Your Custom Quote Process™

Request a free quote