NY A07018 | 2009-2010 | General Assembly
Status
Spectrum: Partisan Bill (Democrat 7-0)
Status: Introduced on March 18 2009 - 25% progression, died in committee
Action: 2010-01-06 - referred to insurance
Pending: Assembly Insurance Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on March 18 2009 - 25% progression, died in committee
Action: 2010-01-06 - referred to insurance
Pending: Assembly Insurance Committee
Text: Latest bill text (Introduced) [HTML]
Summary
To authorize non-profit insurers organ- ized under Article 43 of the Insurance Law and HMOs to convert to for- profit entities; to establish standards for the review of conversion applications by the Attorney General and the Superintendent and to provide for public input into the process.
Title
Establishes requirements for conversion of medical or dental expense indemnity corporations or health or hospital service corporations from not-for-profit to corporations organized for pecuniary profit; provides for procedures for review of the conversion application before presenting a petition for conversion to the court and standards for approval of such applications; makes related provisions.
Sponsors
| Asm. Vivian Cook [D] | Asm. Jeffrey Dinowitz [D] | Asm. Sandra Galef [D] | Asm. Richard Gottfried [D] |
| Asm. Charles Lavine [D] | Asm. Alan Maisel [D] | Asm. Amy Paulin [D] |
History
| Date | Chamber | Action |
|---|---|---|
| 2010-01-06 | referred to insurance | |
| 2009-03-18 | referred to insurance |
