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NYS SOciety of ORTHOPAEDIC Surgeons

MLMIC's Albany Report: NEW YORK STATE ENACTED 2025-26 BUDGET

Wed, May 28, 2025 11:16 AM | Babette Atkins (Administrator)

Legislative developments impacting the New York medical
and dental professional liability insurance marketplace

On May 8, more than a month after the April 1 fiscal deadline, the New York State (NYS) Legislature completed work on the state budget.

The Governor and the Legislature agreed to a budget for the 2025-26 state fiscal year that totals $254 billion, which reflects a $2 billion spending increase from Governor Hochul’s proposed executive budget.

The final budget contains six items of interest to the NYS medical community - learn more

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