304.40-010 Legislative policy.
The declaration of legislative policy of KRS 304.40-030 to 304.40-140 is as follows: <br>
It is hereby declared by the General Assembly of the Commonwealth of Kentucky <br>that the availability of health care liability insurance for physicians and surgeons, <br>dentists, registered nurses, hospitals, and others engaged in providing health care is <br>necessary for the general health and economic welfare of the people; and without <br>such insurance, health care services may be severely curtailed; and that while the <br>need for such insurance is increasing, the supply is not adequate and is likely to <br>become less adequate in the future; and that present plans to provide adequate <br>health care liability insurance in Kentucky have not been sufficient to meet the <br>needs of our citizens. It is further declared that the Commonwealth has an <br>obligation to provide an equitable method whereby every insurer licensed to write <br>personal liability insurance in Kentucky be required to meet this market demand. It <br>is the purpose of KRS 304.40-010 to 304.40-140 to define this obligation and <br>provide a mandatory program to assure an adequate supply of health care liability <br>insurance coverage in the Commonwealth of Kentucky.
Effective: June 19, 1976 <br>History: Created 1976 Ky. Acts ch. 164, sec. 1, effective June 19, 1976.
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