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February 06, 2012
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Brain Injury News

 

The Analysis Determined That The Program Faces A Projected Deficit Of  Million

An actuarial review of the Virginia Birth-Related Neurological Injury Compensation Fund finds that the outlook for the program's ability to meet future claims payments has deteriorated. However, the State Corporation Commission (SCC) says the fund is still capable of paying claims and should be able to do so for approximately 14 years.    The 2003 actuarial analysis of the fund was conducted by an independent consultant for the SCC's Bureau of Insurance. The analysis determined that the program faces a projected deficit of $80.4 million as of December 31, 2002. However, this deficit is expected to reach $148.3 million by December 31, 2005.   The increase in the estimated deficit is based to a large extent on projected increases in liability for future claims payments. A new law effective July 1, 2003, may encourage more potential claimants to apply to the program. The actual impact is uncertain and will only be measurable after several years.

The Virginia Birth-Related Neurological Injury Compensation Program was created 16 years ago by the General Assembly. The program cares for children who incur a lifetime brain or spinal cord injury resulting from an accident that occurs during birth. It was formed as an alternative means of compensation rather than malpractice lawsuits against doctors or hospitals and their liability insurance carriers. Claims against the fund are reviewed and awarded by the Virginia Workers' Compensation Commission.    All licensed physicians, participating hospitals, and liability insurance carriers in Virginia must contribute annually to the state's Birth-Related Neurological Injury Compensation Fund. Obstetricians who participate in the Program now pay an annual fee of $5,000. The assessment on participating hospitals is $50 per live birth up to a maximum of $150,000 annually. Licensed physicians other than those who participate in the program are assessed an annual fee of $250. Liability insurance carriers are assessed one quarter of one percent of their net direct liability insurance premiums written in Virginia.  The Commission will continue to conduct annual reviews of the actuarial soundness of the fund until the program's financial position stabilizes. The report is provided to the General Assembly leadership, the board of directors of the program, and the Virginia Workers' Compensation Commission

 

If you or anyone you know has experienced the results of brain injury or any other kind of medical malpractice , please contact our Virginia lawyer. We are here to help you.

 

 
Did You Know?    
 
 
Birth injuries can be a result of medical malpractice.
Medical error can cause birth injuries, or can increase their severity or permanence. Medical errors which may support a malpractice action include: (1) failing to anticipate birth complications with a larger baby, or in cases involving maternal health complications, (2) failure to respond appropriately to bleeding (3) failing to observe or respond to umbilical cord entrapment (4) failure to respond to fetal distress (including irregularities in the fetal heartbeat), (5) delay in ordering cesarean section (c-section) when medically necessary, (6) misuse of forceps or a vacuum extractor during delivery, or (7) inappropriate administration of Pitocin, a synthesized hormone used to induce or augment (speed up) labor.

 


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Latest news about brain injury cases in Virginia and nationwide:

Researchers Identify Role of Protein Important for Stem Cell Growth; Study Leads to Recovery in Animal Model of Stroke

For the first time, researchers have found that a protein signal important in embryonic development promotes survival and proliferation of...

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Panel Finds Insufficient Evidence to Recommend For or Against Maternal-Request Caesarean Delivery
Panel Finds Insufficient Evidence to Recommend For or Against Maternal-Request Caesarean Delivery

Women requesting a C...

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Studies Have Noted A Greatly Eievated Rate Of Anomalies Among Low birth
present malf orrnation rates by weight in 500-gram intervals by race of child. The rate of congenital malformations for babies of low birth weight ...
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Brain Injury Terms

 


Today's Terms

Perinatal

Definition:
Period from 20 weeks gestation through 27 days after birth.

Preterm birth

Definition:
Birth at less than 37 completed weeks of gestation.

Infant

Definition:
An individual less than one year of age.

More Brain Injury Terms >

 

Brain Injury Resources

 


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Brain Injury Hot Topics

 


Topics Related to Brain Injury:

  • Mental Retardation
  • Cerebral Palsy
  • Erb's Palsy
  • Brachial Injuries
  • Plexus Injuries

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Virginia Brain Injury Attorney

 
If you live in the following cities and need an brain injury attorney you should contact our Brain Injury Attorney as soon as possible:

  • Alexandria
  • Annandale
  • Arlington
  • Ashburn
  • Blacksburg
  • Burke
  • Centreville
  • Charlottesville
  • Chesapeake
  • Chester
  • Chesterfield
  • Christiansburg
  • Colonial Heights
  • Culpeper
  • Danville
  • Dumfries
  • Fairfax
  • Falls Church
  • Fredericksburg
  • Front Royal
  • Glen Allen
  • Hampton
  • Harrisonburg
  • Herndon
  • Hopewell
  • Leesburg
  • Lorton
  • Lynchburg
  • Manassas
  • Martinsville
  • Mc Lean
  • Mechanicsville
  • Midlothian
  • Newport News
  • Norfolk
  • Petersburg
  • Portsmouth
  • Powhatan
  • Radford
  • Reston
  • Richmond
  • Roanoke
  • Salem
  • Spotsylvania
  • Springfield
  • Stafford
  • Staunton
  • Sterling
  • Suffolk
  • Vienna
  • Virginia Beach
  • Waynesboro
  • Williamsburg
  • Winchester
  • Woodbridge
  • Yorktown
 


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