Relates to the discount rate for structured judgments in medical malpractice actions

This bill changes how the discount rate is calculated for structured payments in medical malpractice cases. For payments spanning up to 20 years, it uses the current 10-year U.S. Treasury Bond rate on the verdict date. For payments beyond 20 years, it averages the 10-year rate for the first 20 years and adds two percentage points to the 30-year Treasury rate for the remaining years. It directly affects plaintiffs receiving structured settlements and defendants (like hospitals or doctors) paying those settlements, altering the present value calculation of long-term payments.