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- Medical Malpractice Insurance Coverage in New York
If the eligibility requirements of the Section 18 program are met and slots are available, its excess coverage provides an additional $1 million $3 million above qualified primary coverage at no cost to the physician
- NY State Senate Bill 2025-S4964 - The New York State Senate
New York Law (§ 2118 (e) (2) (A) (ii)) currently requires excess line brokers to obtain a declination from the MMIP before the broker can place primary malpractice insurance in the excess line market
- NY Excess FAQs - Professional Risk Management Services
Under New York State Insurance Regulation 124, physicians who participate in the New York Medical Malpractice Insurance Program (the Excess Program) must fulfill the following risk management education requirements in order to remain eligible for the Excess Program:
- OGC Opinion No. 02-07-26: New York Statutory Excess Medical Malpractice . . .
The physician may participate in New York's excess medical malpractice program if the physician fulfills the requirements of 1986 N Y Laws 266, § 18, as amended by 2002 N Y Laws 1, pt A, § 36 Facts:
- Insurance Agency | Section 18 - Albany, NY
Frequently referred to as the NYS Section 18 Program, this program allows you to obtain an additional $1 million per incident and $3 million aggregate coverage for medical malpractice insurance This is an occurrence policy with no tail required at the conclusion
- ALBALBANYANY RREPORTEPORT - api. ml. mlmic. com
There following are some of the budget proposals of interest to the New York State medical community: The Governor proposes to modify the Section 18 excess medical malpractice insurance program* by restructuring payments to Section 18 excess insurers This includes deferring half of the upcoming 7 1 25 – 6 30 26, Section 18 policy year payment
- The Importance of Section 18 Coverage for New York Physicians
In New York, physicians may be eligible for Section 18 excess coverage This additional layer of coverage sits above the primary policy limits and can provide a safety net in New York’s highly litigious legal landscape when primary limits may not be sufficient
- Report on the Hospital Excess Liability Pool, December 2012
Section 18 sought to contain these costs and keep doctors practicing in New York State, in part by providing a way to fund a secondary layer of medical malpractice insurance, known as “excess coverage,” for eligible doctors at no cost to them
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