Florida Administrative Code
64 - DEPARTMENT OF HEALTH
64B5 - Board of Dentistry
Chapter 64B5-17 - DENTAL PRACTICE AND PRINCIPLES
Section 64B5-17.011 - Financial Responsibility
Current through Reg. 50, No. 187; September 24, 2024
As a prerequisite for licensure or license renewal every dentist is required to maintain medical malpractice insurance or provide proof of financial responsibility as set forth herein:
(1) Obtaining and maintaining professional liability coverage in an amount not less than $100, 000 per claim, with a minimum annual aggregate of not less than $300, 000, from an authorized insurer as defined under Section 624.09, F.S., from a surplus lines insurer as defined under Section 626.914(2), F.S., from a risk retention group as defined under Section 627.942, F.S., from the Joint Underwriting Association established under Section 627.351(4), F.S., or through a plan of self-insurance as provided in Section 627.357, F.S.
(2) Obtaining and maintaining an unexpired, irrevocable letter of credit, established pursuant to Chapter 675, F.S., in an amount not less than $100, 000 per claim, with a minimum aggregate availability of credit of not less than $300, 000. The letter of credit shall be payable to the dentist as beneficiary upon presentment of a final judgment indicating liability and awarding damages to be paid by the dentist or upon presentment of a settlement agreement signed by all parties to such agreement when such final judgment or settlement is a result of a claim arising out of the rendering of, or the failure to render, dental care and services. Such letter of credit shall be nonassignable and nontransferable. Such letter of credit shall be issued by any bank or savings association organized and existing under the laws of the State of Florida or any bank or savings association organized under the laws of the United States that has its principal place of business in this state or has a branch office which is authorized under the laws of this state or of the United States to receive deposits in this state.
(3) Upon application to the Board, the following licensees shall be exempted from meeting the requirements of this rule:
(4) Every dentist complying with these requirements pursuant to either subsection (1) or (2), above, shall ensure that such insurance or proof covers liability for actions of any dental hygienist supervised by the dentist. Dental hygienists working unsupervised pursuant to Section 466.0235, F.S., shall be required to maintain medical malpractice insurance or provide proof of financial responsibility if he or she is not a volunteer under Section 110.501(1), F.S.
Rulemaking Authority 466.004(4) FS. Law Implemented 456.048 FS.
New 11-22-93, Amended 3-31-94, Formerly 61F5-17.011, 59Q-17.011, Amended 12-20-98, 3-19-02, 6-13-07.