It is the purpose of KRS 164.891 to 164.895 to promote the health and general welfare of the people of the Commonwealth by authorizing the University of Louisville to establish from its own funds other than general tax revenues a basic coverage compensation fund to assure that health care malpractice claims or judgments against it, or its agents will be satisfied. Such purpose is hereby declared to be a public purpose for which public funds may be expended.
KRS 164.890