(Nov. 16, 2021) – Today, the Health Care Stabilization Fund Oversight Committee, chaired by Marvin Kleeb, met to hear an update on recent statutory changes contained in House Substitute for Senate Bill 78 and impacts to the Health Care Stabilization Fund. The committee heard from Clark Shultz, executive director of the Health Care Stabilization Fund. Also appearing before the committee to provide updates on the current status of the Medical Malpractice Insurance Market were:
- Kurt Scott, president and CEO, KAMMCO
- Rachelle Colombo, executive director, Kansas Medical Society
- Kendra Wyatt, CEO, New Birth Company
- Cathy Gordon
- Rebecca Williams, HUB International Mid-America
- Vicki Whitaker, Kansas Association of Osteopathic Medicine provided written comments
The committee heard from conferees about the history and success of the Health Care Stabilization Fund, changes in cyber security, malware attacks, growth in telehealth and changes to professional liability. The committee also heard an update on caps on non-economic damages making its way through the court systems and how Senate Bill 78 addresses some of the related court comments.
Conferees appearing before the committee requested additions to qualifying entities that could participate in the Health Care Stabilization Fund and the Availability Plan.
The members of the committee made notes and recommendations including:
- Continuing the fund without external audit but encouraging the board to have the Kansas Insurance Department review assumptions made under last year's legislation.
- Looking further at other states' investment policies and strategies to review possible changes with current market conditions.
- Noting areas of concern raised by conferees appearing before the committee with additions related to the implications of the long-term and short-term of COVID-19.
- Noting a possible reclassification within the Kansas Department of Health and Environment to move maternal health centers out of the classification of a daycare center to a health care center.