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.167076.1
HOUSE MEMORIAL 25
48
TH LEGISLATURE
- STATE OF NEW MEXICO -
FIRST SESSION
, 2007
INTRODUCED BY
Elias Barela
A MEMORIAL
REQUESTING THE INSURANCE DIVISION OF THE PUBLIC REGULATION
COMMISSION TO STUDY THE EFFECTS OF REVISING THE LIMITATION OF
RECOVERY IN THE MEDICAL MALPRACTICE ACT.
WHEREAS, the Medical Malpractice Act, in order to promote
the health and welfare of the people of New Mexico by making
available professional liability insurance for health care
providers in New Mexico, provides for a limitation of the
recovery available to persons that have been harmed by the
negligence of health care providers qualifying under that act;
and
WHEREAS, the limitation of recovery has not been revised
since 1995; and
WHEREAS, the purchasing power of the limitation of
recovery has steadily declined since 1995; and