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Patient Compensation Fund language prompts intense committee debate in late-session substitute

Senate Finance Committee · February 16, 2026

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Summary

A late-session substitute to SB274 that included changes affecting the Patient Compensation Fund (PCF) sparked a heated hearing. Hospital associations and medical groups opposed immediate statutory changes, warning of surcharge impacts on independent providers; proponents argued legal and fiscal recourse for state funds was necessary.

A Senate Finance committee substitute to SB274 that touched on multiple items, including the governor's GROW share and a provision affecting the Patient Compensation Fund, produced extended testimony and an intense exchange in committee.

Alice Kane, Superintendent of Insurance, provided numbers on prior appropriations to the PCF and…

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