N.Y. Insurance Law § 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.