Bill Text: NY S00450 | 2023-2024 | General Assembly | Introduced
Bill Title: Prohibits the imposition of different premium rates for disability insurance based on gender.
Spectrum: Partisan Bill (Democrat 2-0)
Status: (Engrossed) 2024-04-16 - referred to insurance [S00450 Detail]
Download: New_York-2023-S00450-Introduced.html
STATE OF NEW YORK ________________________________________________________________________ 450 2023-2024 Regular Sessions IN SENATE (Prefiled) January 4, 2023 ___________ Introduced by Sen. GIANARIS -- read twice and ordered printed, and when printed to be committed to the Committee on Insurance AN ACT to amend the insurance law, in relation to prohibiting the impo- sition of different rates for premiums for the provision of disability insurance The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. The insurance law is amended by adding a new section 3215-a 2 to read as follows: 3 § 3215-a. Disability insurance premium rates. No insurer offering or 4 providing individual, group or blanket disability insurance in this 5 state shall charge or impose different rates for premiums for the 6 provision of such insurance to individuals insured under a policy, on 7 the basis of the gender of the insured or insureds. 8 § 2. This act shall take effect on the first of January next succeed- 9 ing one year after it shall have become a law, and shall apply to poli- 10 cies and contracts issued, renewed, modified, altered or amended on or 11 after such date. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [] is old law to be omitted. LBD02655-01-3
