40 Pa. Stat. § 1303.732

Current through P.A. Acts 2023-32
Section 1303.732 - Medical professional liability insurance
(a) Insurance.--The joint underwriting association shall offer medical professional liability insurance to health care providers and professional corporations, professional associations and partnerships which are entirely owned by health care providers who cannot conveniently obtain medical professional liability insurance through ordinary methods at rates not in excess of those applicable to similarly situated health care providers, professional corporations, professional associations or partnerships.
(b) Requirements.--The joint underwriting association shall ensure that the medical professional liability insurance it offers does all of the following:
(1) Is conveniently and expeditiously available to all health care providers required to be insured under section 711.
(2) Is subject only to the payment or provisions for payment of the premium.
(3) Provides reasonable means for the health care providers it insures to transfer to the ordinary insurance market.
(4) Provides sufficient coverage for a health care provider to satisfy its insurance requirements under section 711 on reasonable and not unfairly discriminatory terms.
(5) Permits a health care provider to finance its premium or allows installment payment of premiums subject to customary terms and conditions.

40 P.S. § 1303.732

2002, March 20, P.L. 154, No. 13, § 732, imd. effective.