TOR-001: IPFCF Participation and Rates
IPFCF Participation and Rates: The Wisconsin Medical Society supports the following positions in regard to the Injured Patients and Families Compensation Fund (IPFCF):
- Only named IPFCF participants are responsible for the base insurance awards in IPFCF settlements of a case.
- Participation in the IPFCF should be mandatory, except for those exempted under state law as of 2012.
- Specialty-specific rate changes should be actuarially justified over a period of at least two consecutive years by the consulting actuary and by the IPFCF Board of Governors. (HOD, 0418)