383.107. Publication of market rate. - Missouri Statutes

Publication of market rate.

383.107. Not later than December 31, 2009, and at least annuallythereafter, the director shall, utilizing the information provided pursuantto section 383.106, establish and publish a market rate reflecting themedian of the actual rates charged for each of the risk reportingcategories for the preceding year by all insurers with at least a threepercent market share of the medical malpractice insurance market as ofDecember thirty-first of the prior year, which are certified to have rateswhich are not inadequate by an actuary selected and approved by thedirector.

(L. 2006 H.B. 1837)