Bill > SB1310

This bill modifies the existing law regarding the Medical Malpractice Joint Underwriting Association (JUA) by adding a provision that allows the association's board of directors to suspend operations under specific circumstances. The suspension can occur if the directors determine that medical malpractice insurance is reasonably available in the voluntary market, which is defined as insurance products being offered by carriers in their ordinary course of business, and if there are two or fewer individual physicians insured annually for at least two consecutive years. During the suspension period, the association cannot collect dues or fees from its members. The bill outlines that the suspension must follow the association's plan of operation, which must establish a process for suspension and include provisions for administering association funds until the state director either resumes operations or terminates them. The suspension process provides a mechanism for the JUA to pause its activities when the market conditions suggest that private insurers can adequately cover medical malpractice risks, while maintaining a framework for potential future reactivation if market conditions change.

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https://www.senate.mo.gov/26info/BTS_Web/Bill.aspx?SessionType=R&BillID=282