Bill > S05840

This bill amends the physician loan repayment program within the public health law to provide physicians with two distinct options for loan repayment. Under the first option, physicians can continue to receive up to $40,000 per year for three years by agreeing to practice in an underserved area. The new second option allows physicians to receive up to $60,000 per year for three years if they engage in private practice specifically within an underserved area. This modification expands the flexibility for physicians participating in the loan repayment program by creating an additional pathway that incentivizes private practice in areas with limited healthcare access. The bill aims to encourage more physicians to work in regions that traditionally struggle to attract medical professionals by offering a more financially attractive loan repayment arrangement. The changes will take effect on the thirty-first of March following the bill's enactment into law.

Health and Social Services

https://www.nysenate.gov/legislation/bills/2025/S5840