New York Insurance Law Section 2330 - No fault motor vehicle insurance rates; reflection of reduced exposure to loss.

  2330. No fault motor vehicle insurance rates; reflection of reduced
  exposure to loss. Where the principal operator of  a  motor  vehicle  or
  such  operator's  spouse  is eligible for medicare benefits for items of
  basic economic loss specified in paragraph  one  of  subsection  (a)  of
  section  five  thousand  one  hundred  two of this chapter, or where the
  insurer's obligation to pay first party benefits for  loss  of  earnings
  from work is reduced by virtue of the provisions of such subsection, the
  premium  attributable  to coverage under the automobile insurance policy
  for such items shall be appropriately modified to reflect the  insurer's
  reduced exposure to loss.

Last modified: February 3, 2019