210 Neb. Admin. Code, ch. 32, § 007 - Form of coverage
The coverage provided to a qualified health care provider under the Excess Liability Fund shall be either on an occurrence or on a claims-made basis and shall be the same as the insurance coverage provided by the insured's policy with the exception of the retroactive date. If the health care provider is no longer qualified under the Act and his or her professional liability insurance coverage was on a claims-made policy, the health care provider will no longer receive coverage under the Excess Liability Fund unless the health care provider purchases extended reporting endorsement coverage from the Fund. This coverage extends the time in which a claim may be made for incidents which occurred during the period of qualification under the Act. If the health care provider changes insurers and his or her professional liability insurance coverage was on a claims- made policy, the health care provider will no longer receive coverage under the Excess Liability Fund for prior acts unless the health care provider purchases extended reporting endorsement coverage from the insurer being replaced and the Fund. If the replacing insurer provides prior acts coverage back to the initial qualification date, extended reporting endorsement coverage is not needed.
Notes
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