Amend CSSB 14 by inserting the following new ARTICLE,
numbered appropriately, and renumbering subsequent ARTICLES and
SECTIONS of the bill accordingly:
ARTICLE _____. CERTAIN INSURANCE TRUSTS
SECTION _____.01. Article 21.49-4(b), Insurance Code, is
amended to read as follows:
(b) An incorporated association, the purpose of which, among
other things, shall be to federate and bring into one compact
organization the entire profession licensed to practice medicine
and surgery or dentistry in the State of Texas, or a portion of the
profession licensed to practice medicine who are practicing a
particular speciality within the practice of medicine or surgery in
the state or are practicing within a particular region of the state
[and to unite with similar associations of other states to form a
nationwide medical association or dental association], may create a
trust to self-insure physicians or dentists and by contract or
otherwise agree to insure other members of the organization or
association against health care liability claims and related risks
on complying with the following conditions:
(1) the organization or association must have been in
continuing existence for a period of at least two years [prior to
the effective date of this Act];
(2) establishment of a health care liability claim
trust or other agreement to provide coverage against health care
liability claims and related risks; and
(3) employment of appropriate professional staff and
consultants for program management.