Provides a premium reduction for physicians and licensed midwives who complete a risk management strategies course

This bill creates a financial incentive for physicians and licensed midwives in New York to complete specialized training on risk management strategies in obstetrics and midwifery. By finishing an approved course that covers evidence-based guidelines on topics like reducing unnecessary cesarean sections and managing pregnancy complications, eligible medical professionals can receive a premium reduction on their medical malpractice insurance. The program is designed to improve patient safety and birth outcomes by encouraging doctors and midwives to stay updated on clinical best practices, with the insurance commissioner and financial services superintendent working together to set the rules for the discount.