FollowUp to May 23, 2005 Meeting

1
Follow-Up to May 23, 2005 Meeting
2
Follow Up Question 1

• What are ProSelects and MMMICs shares of the
  medical malpractice market in Vermont from 1995
  to the present (similar to slide 22 of the
  previous presentation)?

3
Response To Follow Up Question 1
4
Follow Up Question 2

• Q What are the past rates of PHICO and how did
  medical malpractice insurers in Massachusetts,
  Maine, and New Hampshire respond to those rates?
  
• A Data is not readily available.

5
Follow Up Question 3

• Q What percentage of the medical malpractice
  market is served by captive insurers such as FAHC
  and DHMC?
  
• A We have received information from DHMIC. We
  are awaiting a breakout of Vermont only data from
  DHMIC. We are awaiting a response from FAHC.

6
Follow Up Question 4

• What effects did the 2004 and 2005 rate increases
  of ProSelect and MMMIC have on the Internal
  Medicine, General Surgery, and OB/GYN specialties
  on pages 7-9 of Millimans May 23 presentation?

7
Question 4
8
Follow Up Question 5

• Q Do Im Sorry laws in other states limit the
  inadmissibility of apologies to those given
  within 14 days of the adverse incident?
  
• A There are no states that have Im Sorry laws
  that impose a time limit on the apology.
  
• Illinois has pending legislation concerning the
  Im Sorry laws that does include a time limit.
  The apology must be made within 72 hours of when
  the provider knew of or should have known of the
  cause of the adverse outcome.

9
Follow Up Question 6

• Q How do medical malpractice premiums in Vermont
  compare to total verdicts and settlements
  (payouts) by year?
  
• A We have received information from DHMIC. We
  are awaiting a breakout of Vermont only data from
  DHMIC. We are awaiting a response from FAHC.
  

10
Follow Up Question 7

• Q Can PHICO claims made to the Guaranty Fund be
  added to the closed claims study?
  
• A Discussions with senior management at the
  Guaranty Fund indicated that any available PHICO
  data lacked quality and was not complete and
  therefore would not be useful for our purposes.

11
(No Transcript)