Bill Text: NY S07416 | 2017-2018 | General Assembly | Introduced

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Bill Title: Prohibits the imposition of different premium rates for disability insurance based on gender.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2018-01-17 - REFERRED TO INSURANCE [S07416 Detail]

Download: New_York-2017-S07416-Introduced.html

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                STATE OF NEW YORK
        ________________________________________________________________________
                                          7416
                    IN SENATE
                                    January 17, 2018
                                       ___________
        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, establish or impose different rates for premiums for
     6  the provision of such insurance on  the  basis  of  the  gender  of  the
     7  insured or insureds.
     8    §  2.  This  act shall take effect on the thirtieth day after it shall
     9  have become a law, and shall apply to  policies  and  contracts  issued,
    10  renewed, modified, altered or amended on or after such date.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD13370-01-7