Summary
Introduced with the Medical Indemnity (IBNR Indemnity) Contribution Amendment Bill 2003 and further to the package of bills implementing the framework for medical indemnity insurance, the bill amends the
Medical Indemnity Act 2002
to implement the Exceptional Claims Scheme which will provide for the Commonwealth to assume liability for damages payable against a medical practitioner that exceed the practitioner’s insurance contract limit. Also makes changes to the administration of the medical indemnity contributions; and contains savings and transitional provisions and a power to make transitional regulations.