Bill Text: NY S07867 | 2015-2016 | General Assembly | Amended

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Bill Title: Relates to requirements under Medicare part D employer group waiver plans.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Vetoed) 2016-11-28 - VETOED MEMO.294 [S07867 Detail]

Download: New_York-2015-S07867-Amended.html

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                STATE OF NEW YORK
        ________________________________________________________________________
                                         7867--A
            Cal. No. 1017
                    IN SENATE
                                      May 18, 2016
                                       ___________
        Introduced  by  Sen.  SEWARD -- read twice and ordered printed, and when
          printed to be committed to the Committee  on  Insurance  --  committee
          discharged  and  said  bill  committed  to  the  Committee on Rules --
          ordered to a third reading, amended and ordered  reprinted,  retaining
          its place in the order of third reading
        AN  ACT  to  amend  the  insurance  law,  in relation to Medicare part D
          employer group waiver plans
          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 3242
     2  to read as follows:
     3    § 3242. Medicare part D employer group waiver plans.   Notwithstanding
     4  any other provision of this chapter, an insurer, a corporation organized
     5  pursuant  to  article  forty-three of this chapter, a health maintenance
     6  organization certified pursuant to  article  forty-four  of  the  public
     7  health  law,  or  a  municipal cooperative health benefit plan certified
     8  pursuant to article forty-seven of this chapter that issues an  employer
     9  group waiver plan covering prescription drug benefits for Medicare bene-
    10  ficiaries  pursuant  to  42  U.S.C.  1395w-132,  including  coverage  of
    11  prescription drug benefits constituting non-Medicare other health insur-
    12  ance, shall not be required to comply  with  the  requirements  of  this
    13  chapter  regarding  the nature and scope of benefits under such policies
    14  or contracts or the filing of such policies or contracts and  rates  for
    15  the review and approval of the superintendent.
    16    §  2.  This  act  shall take effect immediately and shall be deemed to
    17  have been in full force and effect on and after January 1, 2014.
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD15501-02-6