S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  6430

                       2009-2010 Regular Sessions

                          I N  A S S E M B L Y

                              March 3, 2009
                               ___________

Introduced  by  M. of A. COOK, JOHN, GREENE, KAVANAGH -- Multi-Sponsored
  by -- M. of A.  BOYLAND, COLTON, GALEF,  GOTTFRIED,  GUNTHER,  HOOPER,
  PHEFFER -- read once and referred to the Committee on Insurance

AN  ACT to amend the insurance law, in relation to the renewal of health
  insurance policies for long term care

  THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. Paragraphs 5 and 6 of subsection (b) of section 1117 of the
insurance law are renumbered paragraphs 6 and 7 and a new paragraph 5 is
added to read as follows:
  (5)  THE  PLAN'S  PROVISIONS,  AND ANY CONTRACTS OR POLICIES ISSUED IN
CONNECTION WITH A PLAN, PROVIDE  THAT  ANY  CONTRACT  OR  POLICY  ISSUED
SHALL,  AT  THE OPTION OF THE INSURED, BE RENEWABLE EACH YEAR UNLESS THE
INSURED FAILS TO PAY THE PREMIUMS DUE FOR SUCH RENEWAL, IN  WHICH  EVENT
THE INSURER MAY CANCEL SUCH CONTRACT OR POLICY;
  S 2. This act shall take effect immediately.






 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD01262-01-9