Advertisement

You will be redirected to the page you want to view in  seconds.

Audit: State medical malpractice fund healthy

7:35 PM, Mar. 8, 2013  |  Comments
  • Filed Under

MADISON - A new report says Wisconsin's medical malpractice insurance fund is rebounding from a massive transfer and the economic downturn.

The Legislative Audit Bureau released a study Friday that found the fund's net asset balance stood at $361.3 million as of mid-2012.

The fund was $109 million in the red in mid-2009. The report ties the deficit largely to 2007-09 state budget provisions that shifted $200 million from the fund to Medicaid.

The state Supreme Court ruled the transfer was illegal and the state transferred $234 million back into the fund in August 2011. The study notes, too, that the fund's investment earnings have been growing over the last two years.

The fund has paid $807.8 million to cover 660 claims between its creation in 1975 and mid-2012.

What's your take on the Packers Family Night change?

Retrieving results.
Watching practice is fine.(Your vote)
15%
576 votes
I'd rather watch a scrimmage.(Your vote)
23%
856 votes
I don't want to pay to watch practice.(Your vote)
27%
1017 votes
It doesn't matter to me.(Your vote)
34%
1271 votes

Catch up on the latest in our pregame show every game day.

Football fans

If you've ever answered "Who has the ball?" with "It's halftime," you might recognize The Airhead. Check out the characters in our cartoon gallery of oddball fans.

Special Reports

ORDER YOURS

Football fans

If you've ever answered "Who has the ball?" with "It's halftime," you might recognize The Airhead. Check out the characters in our cartoon gallery of oddball fans.

Special Reports