AMA votes to set up its own insurance company
Atlantic City UPI The American Medical Association may form a reinsurance company to supplement state malpractice coverage. It would require 1.5 million capitalization and at least 20 000 member physicians with total premiums of 12 million dollars. Dues rise from 110 to 250 dollars. Trustees favor long term risk sharing and state legislation, while cautions about unknown losses.
MENTIONED IN THIS ARTICLE
Atlantic City
UPI
American Medical Association
AMA
Claude E. Welch
Boston
Brown gets bill to aid home loans
In Sacramento the Legislature sent Gov. Brown a 951 million bill financing state home loans for low and moderate income Californians to boost housing and construction. The Senate approved 33 to 6 and the Assembly 56 to 4 after reconciling missing text. Brown is expected to sign amid prior vetoes by Reagan.
MENTIONED IN THIS ARTICLE
Sacramento
UPI
Gov
Brown
Peter Chacon
D-San Diego
Ronald Reagan
Senate defeats measure limiting doctors liability in California
Sacramento reports the Senate rejected a Carpenter bill to cap malpractice damages 500000 and limit attorney fees to 12.5 percent while Keene's measure would set a 4 percent fee cap on awards over 200000, require a 40 percent limit on first 50000, and create a nine lay eight doctor licensing commission. The Assembly passed Keene's bill 65 to 8, aiming to curb rising malpractice costs and speed up possible physician strikes, with reconsideration sought by opponents. Governor Brown commented skepticism that any single bill would resolve the crisis.
MENTIONED IN THIS ARTICLE
Sacramento
APH
Assembly
Senate
Barry Keene
D-Eureka
Edmund G. Brown Jr
Donald Burns
Burns
Business and Transportation Agency
Dennis Carpenter
Newport Beach
Keene
California Medical Association
State Trial Lawyers Association
George Moscone
San Francisco
Carpenter
Brown
State Board of Medical Examiners
Robert McLennan
R-Downey
McLennan
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