Physicians who practiced medicine in Pennsylvania between 2009 and 2012 or in 2014 may be eligible for a refund from the Mcare Fund, which provides excess medical liability coverage for physicians and certain other health care providers and is funded through provider assessments.
The refunds are required as a result of a $139 million settlement of litigation involving the Mcare Fund brought by the Pennsylvania Medical Society (PAMED) and other provider organizations for assessment overcharges in the years listed above.
The Mcare Fund will be mailing notices to eligible health care providers about their refunds—likely in the fall of 2015. The first round of payments is tentatively scheduled for early 2016.
PAMED has created a dedicated website to help physicians and physician practices understand the refund process, including information about who is eligible for refunds and how to address potential rights to the refund by another person or entity who may have paid the assessment, such as an employer.
Physicians who believe they are eligible for a refund are encouraged to visit the PAMED website to make sure their mailing address is up-to-date with the Pennsylvania physician licensing boards as this is the address the Mcare Fund will use for mailing refund notices and payments. The site also includes instructions on how to update a Pennsylvania license address, which you can be done even if a physician’s Pennsylvania license is no longer active.
Back to April 16, 2015 Medigram