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https://www.pamedsoc.org/advocate/topics/mcare/Home:Advocate:Topics:Mcare<div class="ExternalClass1505033A3F15491BA2A6D34C8EBBE2A7"><p><img class="ms-rtePosition-2" src="/PublishingImages/Topic%20Pages/Mcare_Twitter_SM.jpg" alt="" style="margin:5px;" />Pennsylvania physicians are required to have $500,000 in primary liability coverage plus $500,000 in excess coverage above that. They can get the first $500,000 layer either in the private market or through the Joint Underwriting Association (JUA). They get the second layer from the state-run Mcare Fund.</p><p>In 2014, Mcare settled litigation in which the PAMED and other organizations challenged how Mcare calculated its annual assessments and diversion of Mcare funds by the Commonwealth. <strong>The period for claims, choices, and assignments for the MCare settlement ended on April 19, 2016.</strong></p><p>Read about <a href="https://www.pamedsoc.org/PAMED_Downloads/Quick%20Consult/QCMcareLegalIssues.pdf">legal issues impacting Mcare refund</a> assignment and claims decisions</p></div>

 

 

https://www.pamedsoc.org/advocate/topics/mcare/McareTaxesThe IRS 1099 Forms for Mcare Refunds Have Been Mailed The IRS Form 1099 has been mailed to health care professionals and others who received an Mcare refund check. Mcare refunds received by health care professional and others may have tax implications. Physicians;#
https://www.pamedsoc.org/advocate/topics/mcare/Mcare20172017 Mcare Assessment Will Be 19 Percent of Prevailing Primary Premium<p>​The Pennsylvania Insurance Department's Mcare Fund announced that the Mcare assessment for 2017 will be 19 percent of the prevailing primary premium.<br></p>
https://www.pamedsoc.org/advocate/topics/mcare/McareRefundSecondNoticeFinal Deadline for Making Choices on Mcare Assessment Refunds Is April 19, 2016<p><span style="font-family:"verdana",sans-serif;font-size:9pt;">On March 30, 2016, Mcare mailed to select physicians a second and final notice letter with information about assessment refunds for their Mcare coverage. The final deadline for taking action, if needed, is April 19, 2016.<br></span></p>
https://www.pamedsoc.org/advocate/topics/mcare/McareLegalOptionsWho Is Entitled to Mcare Refund Payments Outside the Settlement Agreement?What are your legal options if your employer says you must turn over your Mcare refund for an assessment it paid on your behalf? Watch a video excerpt concerning this and other issues that were addressed by Michael Cassidy, Esq., a Pittsburgh-based attorney, during an event Nov. 19 at the Allegheny County Medical Society.
https://www.pamedsoc.org/advocate/topics/mcare/DissolvedMedicalPracticesNew FAQs on Mcare Refund Process Answer Questions About Dissolved Medical Practices<p>​PAMED has received inquiries about how the Mcare refund process addresses dissolved medical practices as compared to where a medical practice has merged or consolidated with another practice or has sold its assets to a health care system.</p>Physicians;#Practice Administrators;#
https://www.pamedsoc.org/advocate/topics/mcare/McareRefundsDeceasedPhysiciansWhat Happens to the Mcare Refund if the Physician Is Deceased?A process for payment of the Mcare refunds of deceased physicians is now in place.Physicians;#