Program A: Administrative

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Program A: Administrative

Program Authorization: R.S. 40:1299.44

PROGRAM DESCRIPTION

The mission of the Administrative Program is to oversee the disbursement of funds from the Patient's Compensation Fund.

The goals of the Administrative program of the Patient's Compensation Fund Oversight Board are:

1. Remain financially sound and affordable while fairly compensating legitimate victims of medical malpractice, defending meritless or exaggerated claims, and setting reserves that accurately represent exposure.

2. Properly administer, defend, manage and operate the Patient's Compensation Fund.

The Administrative Program consists of one activity: Administrative.

OBJECTIVES AND PERFORMANCE INDICATORS

1. During FY 1998-99, the Administrative Program will investigate claims to evaluate the issues of liability and damages.

2. During FY 1998-99, the Administrative Program will work to obtain all necessary information and documentation, and monitor files on a timely basis.

RESOURCE ALLOCATION FOR THE PROGRAM

SOURCE OF FUNDING

This program is funded with Statutory Dedications from the Patient's Compensation Fund. This revenue is derived from surcharges paid by private health care providers enrolled in this program. (Per R.S. 39:32B. (8), see table below for a listing of expenditures out of each statutory dedicated fund.)

ANALYSIS OF RECOMMENDATION

GENERAL FUND	TOTAL	T.O.	DESCRIPTION

$0	$1,174,455	28	ACT 18 FISCAL YEAR 1997-1998

			BA-7 TRANSACTIONS:
$0	$49,900	0	Carryforward for professional service contract for an actuarial evaluation of the fund

$0	$1,224,355	28	EXISTING OPERATING BUDGET - December 10, 1997

$0	$28,483	0	Equipment/Major Repairs Adjustment(s)
$0	$12,774	0	Annualization of 1997-'98 Merit Pay Adjustment(s)
$0	$15,612	0	1998 -'99 Merit Pay Adjustment(s)
$0	($23,011)	0	Reductions in various Expenditure Categories; Including Reductions to fully fund Salaries
$0	$88,164	0	Attrition Adjustment(s)
$0	($618)	0	Retirement Rate Adjustment(s)
$0	($100)	0	Adjustment(s) for Civil Service, Training and Other Statewide Interagency Transfer Activities
$0	$7,597	0	Risk Management Adjustment(s)
$0	$185	0	UPS Fees
$0	($25,200)	(1)	Personnel Reduction(s)
$0	$1,342	0	Increase for travel expenses based on prior year expenditures

$0	$1,329,583	27	TOTAL RECOMMENDED

$0	$105,228	(1)	DIFFERENCE (TOTAL RECOMMENDED AND EXISTING OPERATING BUDGET)

The total means of financing for this program is recommended at 108.5% of the existing operating budget. It represents 88.3% of the total request ($1,504,950) for this program. The significant increases reflected in this recommendation include funding for acquisitions and an attrition rate adjustment.

PROFESSIONAL SERVICES

$49,900		Management Consulting for actuarial study done once a year to correctly generate a rate filing
$123,182		Legal Services for services rendered on non-claims related legal matters

$173,082		TOTAL PROFESSIONAL SERVICES

OTHER CHARGES

		Interagency Transfers:
$7,750		Department of Civil Service and Office of Uniform Payroll System

$7,750		TOTAL INTERAGENCY TRANSFERS

ACQUISITIONS AND MAJOR REPAIRS

$91,483		Replacement of office and computer equipment

$91,483		TOTAL ACQUISITIONS AND MAJOR REPAIRS

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