An Act amending the act of October 15, 1975 (P.L.390, No.111), known as the Health Care Services Malpractice Act, further providing for the transfer of the Medical Professional Liability Catastrophe Loss Fund coverage to the private sector; and creating a Medical Professional Liability Authority to provide for the controlled run-off of the Medical Professional Liability Catastrophe Loss Fund and for the authority liabilities in the most certain, expeditious and cost-effective manner possible.