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Editor: Christopher J. Robinette

Insurance Changes in Missouri

July 13, 2006

An interesting bill became law this week in Missouri.  In addition to some controls on rate increases, it has some information-gathering components:

makes self-financed malpractice insurers subject to state reporting requirements and directs the state insurance director to establish risk-reporting categories for each physician specialty.

Medical malpractice insurers will be required to report actual rates charged, including assessments for each risk-reporting category, and the department will publish annual reports reflecting median market rates.

Is this common?