The Albany Report: Final Enactment of the New York 2027 State Budget

MLMIC’s The Albany Report offers policyholders a concise, insiders’ view of pending legislative, regulatory and political developments that have an impact on physicians, dentists, hospitals and other healthcare professionals practicing in New York State. The latest edition of MLMIC’s The Albany Report focuses policyholder attention on the latest developments related to the 2026-27 Budget, the Section 18 Excess Medical Malpractice Insurance Program and the Medical Indemnity Fund.

Specifically, the June 2026 issue of The Albany Report details these items of interest to the New York State medical professional liability insurance market:

1. A summary of the budget proposal for the fiscal year beginning April 1, 2026.
2. An update on Section 18 and the Medical Indemnity Fund.

The June 2026 edition also provides insights into other legislative updates such as the interest rate on judgments and the Grieving Families Act.

Together with our medical partner organizations, we will continue to seek sensible reform that balances the uneven playing field when it comes to medical malpractice lawsuits in New York.

You can access additional details in the June 2026 edition of The Albany Report here.

For over 50 years, MLMIC has been committed to meeting the medical professional liability insurance needs of physicians, dentists, hospitals and other healthcare professionals. As a core part of its mission, MLMIC is, and always has been, a strong advocate for the healthcare community and has effectively lobbied for legislative and regulatory reform to address those issues that continue to impact healthcare professionals. The Albany Report is intended to enhance this advocacy.