Bill > A2807

This bill extends the Medical Malpractice Liability Insurance Premium Assistance Fund and the collection of annual surcharges for five years, meaning the fund and the fees that support it will continue to operate for an additional five years beyond their original expiration date. The fund, established to help healthcare providers with rising medical malpractice insurance costs, is financed through various annual charges, including a $3 per employee surcharge on employers subject to New Jersey's unemployment compensation law, and $75 annual charges on licensed physicians, podiatrists, chiropractors, dentists, optometrists, and attorneys. The bill also modifies the eligibility criteria for premium subsidies and updates references to existing laws related to the fund's allocations for hospital charity care, a student loan reimbursement program for obstetrician/gynecologists, and the NJ FamilyCare Program, while also establishing a new Primary Care Physician and Dentist Loan Redemption Program.