Bill > SF2391

This bill establishes the Minnesota Patients' Compensation Fund, a specialized insurance mechanism to handle medical malpractice claims. The bill creates a Patients' Compensation Board composed of nine members representing various healthcare and insurance stakeholders, who will manage the fund. Health care providers are required to become members of the fund and pay annual membership fees and premium surcharges, which will be used to cover medical malpractice claims that exceed a provider's primary insurance limits. The fund will only pay claims against licensed health care providers, excluding intentional crimes and punitive damages, and will not hold the state liable for its obligations. Providers must maintain medical malpractice insurance with minimum liability limits set by the commissioner, who will consider factors like the provider's practice area and risk experience. When a medical malpractice claim exceeds a provider's insurance limits, the injured party can file a claim with the board to recover the additional damages. The fund offers transparency through public record access and annual state audits, and it provides a structured approach to handling medical malpractice claims that aims to balance the interests of healthcare providers, insurers, and patients.

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https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF2391&ssn=0&y=2025