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A9036Assembly2009-2010 SessionSame asS6026

Relates to extending the dates for increasing and imposing malpractice and professional medical conduct insurance rates

Sponsor Richard GottfriedAD-75Affects Finance
Status
Signed by Governor
Impact
Pending
Outcome
Signed into law

Bill progress

Signed into law

What's happening

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Who cares

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Sponsors

Primary sponsor
Richard Gottfried

Assembly Member · Assembly District 75

No co-sponsors yet.

History

  1. Signed chap.216
  2. Delivered to governor
  3. Returned to assembly
  4. Repassed senate
  5. Vote reconsidered - restored to third reading
  6. Passed senate
  7. 3rd reading cal.716
  8. Substituted for S6026
  9. Referred to rules
  10. Delivered to senate
  11. Passed assembly
  12. Message of necessity - 3 day message
Show 5 earlier actions
  1. Ordered to third reading rules cal.675
  2. Rules report cal.675
  3. Reported
  4. Reported referred to rules
  5. Referred to insurance

Companion bill

The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.

S6026Senate

Relates to extending the dates for increasing and imposing malpractice and professional medical conduct insurance rates

Senate Floor Calendar

Full text

The text isn't available here yet. Check nysenate.gov.

Sponsor's memo

BILL NUMBER:A9036

Title of bill

An act to amend chapter 266 of the laws of 1986, amend- ing the civil practice law and rules and other laws relating to malprac- tice and professional medical conduct, in relation to the effectiveness thereof

PURPOSE

This bill would extend for one more year the freeze on medical malprac- tice premium rates for physicians and surgeons, and prevent a surcharge on premiums, until June 30, 2010.

Summary of provisions

Section 1 of the bill amends Chapter 266 of the Laws of 1986 to provide that between July 1, 2009 and June 30, 2010, the Superintendent of Insurance ("Superintendent") shall not: (1) increase medical malpractice insurance rates for physicians and surgeons; and (2) impose a surcharge on premiums to satisfy a deficiency attributable to established premium rates for prior years.

Section 2 of the bill provides that this bill would take effect imme- diately.

Existing law

The Superintendent currently establishes premium rates for medical malp- ractice insurance for physicians and surgeons on an annual basis. The law requires the Superintendent to impose a surcharge on premiums to satisfy a projected deficiency attributable to established premium levels for prior years. The Superintendent of Insurance is not permitted by law to establish or approve a rate increase or impose a surcharge on premiums until June 30, 2009.

Statement in support

Currently, the Executive, the Legislature and stakeholders are engaged in discussions to develop long-term solutions to the medical malpractice problem confronting the state. The aim of these discussions is to provide premium relief for physicians, enhance patient safety and stabi- lize the medical malpractice insurance sector. However, the Superinten- dent is required to evaluate the adequacy of rates and the necessity for imposing a surcharge on premiums. This could lead to a significant premium increase even while these important discussions proceed.

This bill would stabilize premiums for physicians and prevent a surcharge on premiums until June 30, 2010, while providing the Execu- tive, the Legislature and stakeholders with additional time to develop long-term solutions to this complex problem. Doing so would also avoid a significant financial burden on physicians in the short-term.

Budget implications

This bill would not have an impact on state finances.

Effective date

This bill would take effect immediately.

Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.