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