Assembly Actions -
Lowercase Senate Actions - UPPERCASE |
|
---|---|
Jan 08, 2014 |
referred to insurance |
Feb 01, 2013 |
referred to insurance |
Senate Bill S3372
2013-2014 Legislative Session
Sponsored By
(D) 15th Senate District
Archive: Last Bill Status - In Senate Committee Insurance 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
Actions
2013-S3372 (ACTIVE) - Details
- Current Committee:
- Senate Insurance
- Law Section:
- Insurance Law
- Laws Affected:
- Add ยง3114, Ins L
- Versions Introduced in 2011-2012 Legislative Session:
-
S7339
2013-S3372 (ACTIVE) - Sponsor Memo
BILL NUMBER:S3372 TITLE OF BILL: An act to amend the insurance law, in relation to requiring six months notice when cancelling the insurance policy of any small business PURPOSE: To provide sufficient notice to small businesses when their health insurance carrier will no longer provide coverage for their employees. SUMMARY OF PROVISIONS: Amends the insurance law by adding a new section 3114 to require that any business with 50 employees or less must receive a minimum of six months notice prior to the cancellation of a policy. JUSTIFICATION: Many small businesses have had their health insurance policies cancelled due to no fault of their own. Very often there is little notice given which leaves these businesses scrambling to find a carrier that will provide the policy for their employees. Recently, Empire Blue insurance company withdrew from the small business market leaving thousands of employees without health insurance. This legis- lation would require that insurance companies provide six months notice of cancellation, to provide for adequate time for the company and their employees to research and secure coverage from another carrier. LEGISLATIVE HISTORY: 2012: S.7339 Referred to Insurance Committee
2013-S3372 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 3372 2013-2014 Regular Sessions I N S E N A T E February 1, 2013 ___________ Introduced by Sen. ADDABBO -- 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 requiring six months notice when cancelling the insurance policy of any small business 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 3114 to read as follows: S 3114. CANCELLATION OF SMALL BUSINESS POLICIES. 1. FOR THE PURPOSES OF THIS SECTION, THE TERM "SMALL BUSINESS" SHALL MEAN ANY BUSINESS ENTERPRISE RESIDING WITHIN THE STATE THAT HAS FIFTY EMPLOYEES OR LESS. 2. BEFORE THE POLICY OF INSURANCE OF ANY SMALL BUSINESS IS CANCELLED, SUCH SMALL BUSINESS SHALL BE PROVIDED SIX MONTHS NOTICE. S 2. This act shall take effect on the one hundred twentieth day after it shall have become a law. Effective immediately, the addition, amend- ment and/or repeal of any rules or regulations necessary for the imple- mentation of this act on its effective date are authorized to be made on or before such date. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD08325-01-3
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