Sincerely,
Brenda J. Blanchard
Secretary
Referred to committee on Natural Resources.
__________________
State of Wisconsin
Commissioner of Insurance
Madison
July 25, 2001
Re: Report on the Impact of 1995 Wisconsin Act 10
To the Honorable, the Legislature:
In accordance with s. 601.427(9), Wis. Stat., a report is to evaluate the impact that 1995 Wisconsin Act 10 has had on the following:
(a) The number of health care providers practicing in Wisconsin.
(b) The fees that health care providers pay under s.655.27(3).
(c) The premiums that health care providers pay for health care liability insurance,
was submitted to the legislature in May 2001. We have revised the report to clarify some of the figures included. The original report included statements regarding both a $100 million and a $125 million reduction in fees. The actual amount should be $125 million, which is the actual amount of loss reduction imbedded in the ultimate loss estimates, as a result of the Act 10. This reduction in the ultimate loss estimate translates to a $60.8 million dollar reduction in fees collected under s. 655.27 (3), Wis. Stats., over the last seven years. However, it was further noted that loss experience to date is too immature to validate the reduction. I apologize for any confusion created by the report.
The attached report provides information regarding the background of Act 10, the statistics collected and the analysis performed.
Sincerely,
Connie L. O'Connell
Commissioner
Referred to committee on Health.
__________________
State of Wisconsin
Department of Administration
Madison
July 31, 2001
To the Honorable, the Legislature:
RE: Division of Gaming Quarterly Report
Included with this correspondence, I am submitting the report of the Department of Administration, Division of Gaming (Gaming), for the fourth quarter of fiscal year 2001 (March 31, 2001 through June 30, 2001). As required by s. 562.02(1)(g), Wis. Stats., the attached materials contain pari-mutuel wagering and racing statistical information, as well as the revenues for the program areas of Racing, Charitable Gaming and Indian Gaming. Please note that Bingo revenues are now captured in a new appropriation (836) and therefore are shown on a separate chart from the rest of Charitable Gaming.
If you have any questions or comments regarding this report, please do not hesitate to contact Richard Pedersen at (608) 270-2546.
Sincerely,
F. Scott Scepaniak
Administrator
Referred to committee on State Affairs.
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