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Session 123 - (2019-2020)Printer Friendly
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H*3760 (Rat #0087, Act #0067 of 2019) General Bill, By Sandifer
Summary: Medical Malpractice Liability Joint Underwriting Association
    AN ACT TO AMEND ARTICLE 3, CHAPTER 79, TITLE 38, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE SOUTH CAROLINA MEDICAL MALPRACTICE LIABILITY JOINT UNDERWRITING ASSOCIATION, SO AS TO MERGE THE JOINT UNDERWRITING ASSOCIATION WITH THE PATIENTS' COMPENSATION FUND AND TO RENAME THE SURVIVING ENTITY THE SOUTH CAROLINA MEDICAL MALPRACTICE ASSOCIATION, TO DEFINE NECESSARY TERMS, TO ALTER THE MEMBERSHIP OF THE ASSOCIATION, TO ESTABLISH CERTAIN REQUIREMENTS FOR THE INITIAL FILING OF POLICY FORMS, TO REQUIRE THE MEMBERS OF THE ASSOCIATION TO PAY AN ASSESSMENT EQUAL TO THE MEMBER'S PROPORTIONAL SHARE OF THE ACCUMULATED DEFICIT OF THE ASSOCIATION, TO INCREASE POLICY LIMITS FOR POLICIES ISSUED BY THE ASSOCIATION ON BEHALF OF ITS MEMBERS, TO REQUIRE THE ASSOCIATION TO SUBMIT ALL POLICY FORMS, CLASSIFICATIONS, RATES, RATING PLANS, OR RULES TO THE DIRECTOR OF THE DEPARTMENT OF INSURANCE, TO ESTABLISH A UNIFORM ASSESSMENT ON THE MEMBERSHIP OF THE ASSOCIATION AND PROVIDE FOR AN ADDITIONAL SURCHARGE ON PREMIUMS THAT MUST BE ASSESSED ON ASSOCIATION POLICYHOLDERS, TO ESTABLISH CERTAIN OBLIGATIONS FOR TERMINATED MEMBERS OF THE ASSOCIATION, TO ESTABLISH CERTAIN CONDITIONS REGARDING THE ASSOCIATION'S ANNUAL FINANCIAL STATEMENT AND THE EXAMINATION OF THE ASSOCIATION BY THE DIRECTOR OF THE DEPARTMENT OF INSURANCE, TO PROVIDE THE EFFECTIVE DATE OF THE MERGER OF THE PATIENTS' COMPENSATION FUND AND THE JOINT UNDERWRITING ASSOCIATION, TO PROVIDE FOR THE WINDING DOWN OF PATIENTS' COMPENSATION FUND, AND TO PROVIDE FOR THE COMPOSITION OF THE BOARD AND THE DUTIES OF THE ASSOCIATION; AND BY ADDING SECTION 38-79-400 SO AS TO REPEAL THE ARTICLE 5, CHAPTER 79, TITLE 38, RELATING TO THE PATIENTS' COMPENSATION FUND, UPON THE MERGER OF THE PATIENTS' COMPENSATION FUND INTO THE JOINT UNDERWRITING ASSOCIATION. - ratified title
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01/24/19House Introduced and read first time (House Journal-page 53)
01/24/19House Referred to Committee on Labor, Commerce and Industry (House Journal-page 53)
02/14/19House Committee report: Favorable with amendment Labor, Commerce and Industry (House Journal-page 25)
02/19/19 Scrivener's error corrected
02/21/19House Amended (House Journal-page 56)
02/21/19House Read second time (House Journal-page 56)
02/21/19House Roll call Yeas-82 Nays-19 (House Journal-page 97)
02/25/19 Scrivener's error corrected
02/26/19House Read third time and sent to Senate (House Journal-page 22)
02/26/19Senate Introduced and read first time (Senate Journal-page 18)
02/26/19Senate Referred to Committee on Banking and Insurance (Senate Journal-page 18)
04/30/19Senate Committee report: Favorable with amendment Banking and Insurance (Senate Journal-page 16)
05/01/19 Scrivener's error corrected
05/07/19Senate Amended (Senate Journal-page 113)
05/08/19 Scrivener's error corrected
05/08/19Senate Committee Amendment Tabled (Senate Journal-page 92)
05/08/19Senate Read second time (Senate Journal-page 92)
05/09/19Senate Amended (Senate Journal-page 34)
05/09/19Senate Read third time and returned to House with amendments (Senate Journal-page 34)
05/09/19Senate Roll call Ayes-37 Nays-0 (Senate Journal-page 34)
05/09/19House Concurred in Senate amendment and enrolled (House Journal-page 157)
05/09/19House Roll call Yeas-99 Nays-3 (House Journal-page 158)
05/13/19 Ratified R 87
05/16/19 Signed By Governor
05/31/19 Effective date 05/16/19
06/05/19 Act No. 67



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