Bill Text: NY A04167 | 2009-2010 | General Assembly | Introduced
Bill Title: An act to amend the insurance law, in relation to health insurance plans for long term care
Spectrum: Partisan Bill (Democrat 8-0)
Status: (Introduced - Dead) 2010-01-06 - referred to insurance [A04167 Detail]
Download: New_York-2009-A04167-Introduced.html
S T A T E O F N E W Y O R K ________________________________________________________________________ 4167 2009-2010 Regular Sessions I N A S S E M B L Y January 30, 2009 ___________ Introduced by M. of A. COOK, JOHN, GUNTHER, PHEFFER, SCHROEDER -- Multi-Sponsored by -- M. of A. GOTTFRIED, HOOPER, TOWNS -- read once and referred to the Committee on Insurance AN ACT to amend the insurance law, in relation to health insurance plans for long term care THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: 1 Section 1. Section 1117 of the insurance law is amended by adding a 2 new subsection (h) to read as follows: 3 (H) ANY AUTHORIZED INSURER WHICH ISSUES CONTRACTS IN CONNECTION WITH 4 PLANS PROVIDING BENEFITS FOR LONG TERM CARE PURSUANT TO THE PROVISIONS 5 OF THIS SECTION SHALL PREPARE AND MAINTAIN RECORDS WHICH LIST THE NUMBER 6 OF SUCH POLICIES CANCELLED DURING EACH YEAR. SUCH RECORDS SHALL ALSO 7 INDICATE WHICH POLICIES WERE CANCELLED DUE TO, OR WITHIN THIRTY DAYS 8 AFTER, AN INCREASE IN POLICY PREMIUMS. 9 S 2. This act shall take effect immediately. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD01250-01-9