MSSNY, MLMIC Announce Exclusive 10% Discount on Medical Liability Insurance for Qualifying Members of MSSNY

February 1, 2024 by matray

The Medical Society of the State of New York (MSSNY) and MLMIC Insurance Company (MLMIC) are pleased to announce a new exclusive program that will bring a 10% discount medical liability insurance to qualifying members of MSSNY.

Born out of the auspices of MSSNY in 1975 during the malpractice crisis, MLMIC has continually been the trusted and exclusive medical professional liability partner of MSSNY.  This new program will bring a MLMIC premium discount opportunity to MSSNY’s network of approximately 20,000 physicians.

MSSNY members who are MLMIC policyholders may also be able to take advantage of additional discounts for up to 30% in total savings on MLMIC medical professional liability insurance premiums.

Discount programs that are available:

    • Up to 12% for qualified physicians and surgeons with no open or closed claims.
    • 5% savings when you complete a NYS-qualified Risk Management program.
    • 5% savings for individual physician policyholders who waive consent to settle a claim.
    • 2% premium credit for prompt payment of the full annual premium within 30 days of receipt of the invoice.

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