MLMIC’s The Albany Report offers policyholders a concise, insiders’ view of pending legislative, regulatory and political developments that have an impact on physicians, dentists, hospitals and other healthcare professionals practicing in New York State. The latest edition of MLMIC’s The Albany Report focuses policyholder attention on the latest developments related to the Grieving Families Act and the Medical Indemnity Fund.

Specifically, the June 2024 issue of The Albany Report details these items of interest to the New York State medical professional liability insurance market:

  1.  an update on the Grieving Families Act legislation which once again has been passed in both houses and will be sent to Governor Hochul sometime before the end of the year for her consideration;
  2. details on the Medical Indemnity Fund, an essential current tort reform mechanism.

The June 2024 edition also provides insights on other legislative proposals such as the medical malpractice peer review and quality improvement programs for qualifying medical group practices and the affirmative medical liability reform legislation.

Together with our medical partner organizations, we will continue to seek sensible reform that balances the uneven playing field when it comes to medical malpractice lawsuits in New York.

You can access additional details in the June 2024 edition of The Albany Report here.

For over 40 years, MLMIC has been committed to meeting the medical professional liability insurance needs of physicians, dentists, hospitals and other healthcare professionals. As a core part of its mission, MLMIC is, and always has been, a strong advocate for the healthcare community and has effectively lobbied for legislative and regulatory reform to address those issues that continue to impact healthcare professionals. The Albany Report is intended to enhance this advocacy.

Related Posts: