Physician Assistants Financial Responsibility Requirements

The act specifies that a physician assistant who has been practicing for at least 3 years must comply with the same financial responsibility requirements to which physicians are subject, namely to maintain professional liability coverage of at least $1 million per incident and $3 million aggregate per year. Additionally, the act authorizes the Colorado medical board to exempt physician assistants from the financial responsibility requirements, or lessen the requirements, to the same extent permitted for physicians. (Note: This summary applies to this bill as enacted.)