Bill Text: NY S02569 | 2011-2012 | General Assembly | Introduced
Bill Title: Requires all physicians licensed or permitted to practice medicine in the state of New York to procure and maintain in full force and effect a policy of medical malpractice insurance with primary levels of coverage at one million dollars for each claimant under such policy and three million dollars for all claimants under such policy in any one year and excess coverage with similar levels of coverage.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2011-01-25 - REFERRED TO HIGHER EDUCATION [S02569 Detail]
Download: New_York-2011-S02569-Introduced.html
S T A T E O F N E W Y O R K ________________________________________________________________________ 2569 2011-2012 Regular Sessions I N S E N A T E January 25, 2011 ___________ Introduced by Sen. KRUGER -- read twice and ordered printed, and when printed to be committed to the Committee on Higher Education AN ACT to amend the education law, in relation to requiring physicians to procure and maintain malpractice insurance THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: 1 Section 1. Section 6524 of the education law is amended by adding a 2 new subdivision 12 to read as follows: 3 (12) MALPRACTICE INSURANCE: PROCURE AND MAINTAIN IN FULL FORCE AND 4 EFFECT A POLICY OF MEDICAL MALPRACTICE INSURANCE WITH PRIMARY LEVELS OF 5 INSURANCE IN AN AMOUNT EQUAL TO OR GREATER THAN ONE MILLION DOLLARS FOR 6 EACH CLAIMANT UNDER THAT POLICY AND THREE MILLION DOLLARS FOR ALL CLAIM- 7 ANTS UNDER THAT POLICY IN ANY ONE YEAR. 8 S 2. Section 6525 of the education law is amended by adding a new 9 subdivision 5 to read as follows: 10 5. MALPRACTICE INSURANCE. EVERY APPLICANT FOR AND EVERY HOLDER OF A 11 PERMIT TO PRACTICE MEDICINE AS PROVIDED FOR IN THIS SECTION SHALL 12 PROCURE AND MAINTAIN IN FULL FORCE AND EFFECT A POLICY OF MEDICAL MALP- 13 RACTICE INSURANCE WITH PRIMARY LEVELS OF INSURANCE IN AN AMOUNT EQUAL TO 14 OR GREATER THAN ONE MILLION DOLLARS FOR EACH CLAIMANT UNDER THAT POLICY 15 AND THREE MILLION DOLLARS FOR ALL CLAIMANTS UNDER THAT POLICY IN ANY ONE 16 YEAR. 17 S 3. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD06400-01-1