House Sponsors: MADIGAN,MJ AND CURRIE. Short description: MEDICAL MALPRACTICE INSURANCE Synopsis of Bill as introduced: Amends the Medical Practice Act of 1987. Provides that a physician must maintain a minimum of $1,000,000 in liability coverage. Amends the Illinois Insurance Code. Provides that insurers in the business of providing Class 2(c) insurance must establish a premium scale for coverage classification. FISCAL NOTE (Department of Professional Regulation) Estimated cost to monitor compliance is $68,000 per year; additional costs could be as much as $144,000 per year, assuming 2% failure and $200 per case. Last action on Bill: SESSION SINE DIE Last action date: 01-01-09 Location: House Amendments to Bill: AMENDMENTS ADOPTED: HOUSE - 0 SENATE - 0 END OF INQUIRY Full Text Bill Status