New Jersey Passes a Medical Liability Bill - without caps but with a premium assistance fund

New Jersey has passed a medical malpractice reform bill that does not include a cap on noneconomic damages but it does contact a provision for the creation of a Medical Malpractice Liability Insurance Premium Assistance Fund to help physicians offset their insurance costs. State officials estimate the fund will spend $26.1 million a year for three years, money that will be raised by imposing $75 annual fees on the state's physicians, podiatrists, chiropractors, dentists, optometrists and lawyers, plus $3 per employee of those employers subject to the state's workers compensation law.