IBNR Rally – Motions Carried Unanimously

IBNR Rally – Motions Carried Unanimously – Hilton, Sydney Airport – 20 July 2003
  1. That this meeting rejects the assertion that UMP members have been responsible for the unfunded liabilities of United Medical Protection (IBNR), which have arisen because of:
    • the failure of governments to act prudently to remedy the growth of excessive litigation.
    • changes to accounting standards (Urgent Issues Group).
    • an active policy by government to encourage doctors to implement below real cost medical treatment.
  2. That this meeting calls on the Federal Government not to proceed with the imposition of further levies on certain medical indemnity organisations.
  3. That this meeting draws the Federal Government’s attention to the fact that medical indemnity costs have not declined and will continue to rise.
  4. That this meeting draws the Federal Government’s attention to the fact that any additional levies imposed on medical practitioners will damage patient care, force good doctors to stop treating patients and result in a sharp rise in patient fees contrary to the Federal Government’s intention (in introducing the “rescue package”).
  5. That this meeting will reconvene within one month to consider the Government’s response to the above Motions.
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