Assembly Bill A92

2011-2012 Legislative Session

Authorizes superintendent of insurance to promulgate rules and regulations necessary to prohibit retroactive charge-backs of health insurance rates

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Assembly Committee

  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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2011-A92 (ACTIVE) - Details

Current Committee:
Assembly Insurance
Law Section:
Insurance Law
Laws Affected:
Add ยง215, Ins L
Versions Introduced in Other Legislative Sessions:
2009-2010: A684
2013-2014: A1158
2015-2016: A1048
2017-2018: A1462
2019-2020: A1186
2021-2022: A568

2011-A92 (ACTIVE) - Summary

Authorizes superintendent of financial services to promulgate rules and regulations necessary to prohibit retroactive charge-backs of health insurance rates.

2011-A92 (ACTIVE) - Bill Text download pdf 

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

                                   92

                       2011-2012 Regular Sessions

                          I N  A S S E M B L Y

                               (PREFILED)

                             January 5, 2011
                               ___________

Introduced  by  M. of A. CAHILL, TOWNS, GUNTHER -- Multi-Sponsored by --
  M. of A. CLARK, COLTON, ENGLEBRIGHT, HOOPER, JACOBS -- read  once  and
  referred to the Committee on Insurance

AN  ACT to amend the insurance law, in relation to the powers and duties
  of the superintendent of insurance

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

  Section 1. The insurance law is amended by adding a new section 215 to
read as follows:
  S  215.  SUPERINTENDENT  TO  PROHIBIT  RETROACTIVE  APPLICATIONS  OF A
RESULTING RATE CHANGE. THE SUPERINTENDENT  SHALL  PROMULGATE  RULES  AND
REGULATIONS  TO  PROHIBIT  RETROACTIVE  APPLICATIONS OF A RESULTING RATE
CHANGE. SUCH RULES AND REGULATIONS SHALL INCLUDE, BUT NOT BE LIMITED TO,
ESTABLISHING REASONABLE TIME  PERIODS  IN  WHICH  THE  DEPARTMENT  SHALL
REVIEW  RATE  REQUESTS  AND  PROVIDING  THE  DEPARTMENT  WITH SUFFICIENT
RESOURCES TO ACCOMPLISH SUCH TASKS.
  S 2. This act shall take effect immediately.





 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD01038-01-1

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