Summary
Amends the: Medical Indemnity Act 2002 to: clarify eligible related claims for the purposes of aggregation; and clarify that the High Cost Claim Scheme (HCCS) and the Exceptional Claims Scheme (ECS) are only intended to apply in respect of medical practitioners; Age Discrimination Act 2004, Medical Indemnity Act 2002 and Midwife Professional Indemnity (Commonwealth Contribution) Scheme Act 2010 to clarify eligibility for the Run off Cover Schemes and permit access for medical practitioners and eligible midwives retiring before the age of 65; Medical Indemnity Act 2002 and Midwife Professional Indemnity (Commonwealth Contribution) Scheme Act 2010 to: clarify the intent of the medical indemnity law that payments will only be made if the claim relates to the provision of a health service; and make administrative changes to streamline and clarify the operation of the legislation; Medical Indemnity Act 2002, Medical Indemnity (Prudential Supervision and Product Standards) Act 2003, Medical Indemnity (Run-off Cover Support Payment) Act 2004 and Midwife Professional Indemnity (Commonwealth Contribution) Scheme Act 2010 to restructure and consolidate medical and midwife indemnity legislative instruments; and Medical Indemnity Act 2002 and Medical Indemnity (Prudential Supervision and Product Standards) Act 2003 to: require all medical indemnity insurers to provide universal cover to medical practitioners; and create high cost claim and exceptional claims schemes for allied health professionals, and enable private sector employee midwives to access these schemes. Also: repeals the Medical Indemnity (Competitive Advantage Payment) Act 2005 and Medical Indemnity (UMP Support Payment) Act 2002 to remove redundant payments; and makes consequential amendments to five Acts.