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Session 106 - (1985-1986)Printer Friendly
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H 3648 General Bill, By D.L. Ogburn
Similar (H 3744)
    A Bill to amend Sections 38-59-140 through 38-59-190, Code of Laws of South Carolina, 1976, relating to Patients' Compensation Fund for the benefit of licensed health care providers, so as to change the method by which providers may participate in the Fund; require that in addition to annual membership fees, the Board may make deficit assessments when insufficient funds are available to meet the Fund's liability, to provide that membership in the Fund is contingent upon the Fund member making timely payments of all member fees and deficit assessments; delete the requirement that the State Treasurer must invest and reinvest the fund in short-term interest bearing investments; delete the requirement that reports of audits of the Fund be prepared in accordance with general accepted accounting principles, to provide a procedure by which health care providers may withdraw from participation in the Fund; delete the provision that a provider participating in the Fund is liable for losses up to the amount of its coverage and to authorize the provider to receive an appropriate reduction of its assessment of the Fund; and delete the requirement that any person affected by any ruling, action, or decision by or on behalf of the Fund may appeal to the Commission within thirty days and to add the provision that any ruling, action, or decision by or on behalf of the Fund is subject to review as provided in Section 1-23-380.
03/12/86House Introduced and read first time HJ-1573
03/12/86House Referred to Committee on Labor, Commerce and Industry HJ-1574
04/02/86House Tabled in committee



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