The Mcare assessments of Pennsylvania hospitals and doctors will decrease 48 percent in 2015.
Pennsylvania’s Medicare Care Available and Reduction of Error Fund, or Mcare, provides supplemental medical malpractice liability insurance for Pennsylvania health care providers. Pennsylvania requires hospitals and doctors to have a minimum level of liability coverage and they obtain half of that minimum amount from the Mcare Fund.
Next year’s assessment is smaller because of reduced claims against the Mcare Fund and leftover money from previous years that a court ordered to be used for this purpose.
To learn more about the fund and the decrease, see this news release on the state Insurance Department’s web site.