0% RATE INCREASE.
NO $50,000 SURCHARGE.
During Governor Paterson's Emergency Legislative Session to rework the budget this week, both the Senate and Assembly approved a provision brought forth by the Governor's office to stabilize insurance premiums for the 2008-2009 policy year at the current rates and prohibit the levy of any surcharge on the insured physicians to make up for losses incurred by the insurance carriers and the state. Phew, what a relief.
NO $50,000 SURCHARGE.
During Governor Paterson's Emergency Legislative Session to rework the budget this week, both the Senate and Assembly approved a provision brought forth by the Governor's office to stabilize insurance premiums for the 2008-2009 policy year at the current rates and prohibit the levy of any surcharge on the insured physicians to make up for losses incurred by the insurance carriers and the state. Phew, what a relief.
