Wisconsin Repays Fund that Keeps Medical Malpractice Rates Low
side note: This is a news story that caps the almost five-year saga where the Wisconsin Medical Society litigated for the return of $233 million the state took from the Wisconsin Patient Compensation Fund to balance its 2007 budget. A patient compensation fund is a state-run fund that the healthcare community pays into to keep the state’s medical malpractice insurance rates affordable.
Gov. Scott Walker says the state of Wisconsin has repaid a medical malpractice fund $233 million after a raid in 2007 done to help balance the budget.