General Laws of Massachusetts - Chapter 175F Medical Malpractice Self-insurance Trust Funds

• Massachusetts General Laws - Definitions - Chapter 175F, Section 1
  The following words, as used in this chapter, unless the context otherwise requires or a different meaning is specifically prescribed, shall have the following meanings:...
• Massachusetts General Laws - Establishment of fund; filing of trust instrument; certification; appointment of trustee; dissolution, voluntary or involuntary - Chapter 175F, Section 2
  A group of two or more participating health care providers may establish a health care provider self-insurance trust fund under this chapter prior to the...
• Massachusetts General Laws - Application for certification; denial; approval - Chapter 175F, Section 3
  Any fund established under section two may be certified to provide insurance in accordance with the provisions of this chapter upon filing an application for...
• Massachusetts General Laws - Application of chapter - Chapter 175F, Section 4
  A certified fund shall be exempt from the provisions of chapters one hundred seventy-four A, one hundred seventy-five D, one hundred seventy-four B, one hundred...
• Massachusetts General Laws - Rights, obligations and responsibilities of fund and trustee - Chapter 175F, Section 5
  A fund and a trustee of such fund shall have the rights and shall be subject to the legal responsibilities and obligations applicable to a...
• Massachusetts General Laws - Annual statement of financial condition; penalty for failure to file - Chapter 175F, Section 6
  A fund shall annually on January first file with the commissioner a statement showing its financial condition as of September thirtieth of the prior year....
• Massachusetts General Laws - Standards for proper accounting methods to be used - Chapter 175F, Section 7
  The commissioner shall, by regulation, prescribe standards for proper accounting methods to be used by a fund. Said standards shall be consistent with customary accounting
• Massachusetts General Laws - Claims reserve - Chapter 175F, Section 8
  A fund organized under this chapter shall, before it shall be certified pursuant to section three, satisfy the commissioner in its application that a claims...
• Massachusetts General Laws - Amendment of trust instrument or original application for certification; notification to commissioner - Chapter 175F, Section 9
  A trustee of a fund shall notify the commissioner of any amendment to its trust instrument or to its original application for certification under section...
• Massachusetts General Laws - Revocation or suspension of certification of fund; removal of trustee - Chapter 175F, Section 10
  The commissioner may, after a hearing in accordance with chapter thirty A, revoke or suspend the certification of any fund, or, in lieu of such...
• Massachusetts General Laws - Exclusion of health care provider from participation; new participants; request for arbitration by aggrieved - Chapter 175F, Section 11
  No fund shall exclude a health care provider from participation except as provided in this section if the health care provider has complied with all...
• Massachusetts General Laws - Trust instrument provisions - Chapter 175F, Section 12
  The trust instrument may provide (a) that there shall be a minimum period during which any participant must participate in the fund; (b) that the...
• Massachusetts General Laws - Merger or consolidation of funds - Chapter 175F, Section 13
  A fund desiring to consolidate or merge with any other fund shall comply with the procedures set forth in section seven of chapter one hundred...
• Massachusetts General Laws - Legal requirement of insurance or commercial insurance - Chapter 175F, Section 14
  Any participant shall be considered to have insurance equivalent to commercial insurance, to the extent of the limits of coverage provided by the fund, for...
• Massachusetts General Laws - Liability of fund - Chapter 175F, Section 15
  No money or other asset of any fund shall be liable to attachment, trustee process, equitable lien or other process, or to be seized, taken,...
• Massachusetts General Laws - Fund declared to be charitable and benevolent institution; exemption from taxes - Chapter 175F, Section 16
  A fund is hereby declared to be a charitable and benevolent institution, and all of its assets shall be exempt from all and every state,...
• Massachusetts General Laws - Regulations to consider requirements of federal governmental or quasi-governmental agencies - Chapter 175F, Section 17
  All regulations promulgated by the commissioner pursuant to this chapter shall consider the requirements of federal governmental agencies or quasi-governmental agencies so as to permit...
• Massachusetts General Laws - Violation of chapter - Chapter 175F, Section 18
  Whoever violates any provisions of this chapter shall be punished by a fine of not more than five hundred dollars.

Last modified: September 11, 2015