The state-run insurance fund that provides extra coverage for doctors to pay medical malpractice claims has only $65 million in the till. And the fund, known as MCARE, must pay claims of more than $376 million by Dec. 31. An Insurance Department spokeswoman said MCARE figures to collect about $184 million from bills that were sent to docs on Sept. 15. The money, which is actually collected by insurance carriers, is supposed to be transmitted to MCARE by Nov. 17.
Posted by Editor at October 16, 2003 10:50 AM