LA SB366

Increases the maximum recoverable amount for medical malpractice claims from $500,000 to $1,000,000 plus interest and costs, with annual inflation adjustments based on the Consumer Price Index

Raises the liability cap for qualified healthcare providers from $100,000 to $250,000 plus interest and costs, also subject to annual inflation adjustments

Makes medical review panels optional by allowing claimants to alternatively file a notarized affidavit from a board-certified physician certifying that a breach of standard of care caused or contributed to the patient's injury or death

Requires courts or juries to make specific findings on future medical expenses, and for awards exceeding $1 million, authorizes courts to determine whether excess damages should be paid directly to claimants or held in trust with the Patient's Compensation Fund

Establishes a three-year absolute prescriptive period for claims initiated by affidavit, even if discovery occurs within two years of the alleged act