Alternative Medical Liability Act

[AI summary unavailable — showing source text] Alternative Medical Liability Act - Amends part A (Hospital Insurance) of title XVIII (Medicare) of the Social Security Act to provide for an alternative liability system for malpractice. Requires a health care provider, in order to participate in the alternative liability program, to participate, directly or through an insurance company which has agreed to be the compensation obligor with respect to that provider, in an assigned claims plan which meets the requirements of this paragraph in order to insure the payment of compensation benefits by compensation obligors. Permits entities (including insurance companies) in a State to organize and maintain, subject to approval and regulation by the State insurance regulator, an assigned claims plan and adopt rules for its operation consistent with this paragraph. Provides that if such a plan is not established or maintained in a State, the Secretary of Health and Human Services shall organize and maintain an assigned claims plan for the State. Requires each assigned claims plan to provide for the assessment of costs on a fair and equitable basis consistent with the liability system established by this Act. Prohibits an assigned claims p…