Assembly Bill A10295

2017-2018 Legislative Session

Provides that health insurance contracts and policies for long term care shall be renewable unless there is nonpayment of premiums

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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multi-Sponsors

2017-A10295 (ACTIVE) - Details

Current Committee:
Assembly Insurance
Law Section:
Insurance Law
Laws Affected:
Amd §1117, Ins L
Versions Introduced in Other Legislative Sessions:
2009-2010: A6430
2011-2012: A6803
2013-2014: A4178
2015-2016: A3400
2019-2020: A6882
2021-2022: A3123
2023-2024: A3625

2017-A10295 (ACTIVE) - Summary

Provides that health insurance contracts and policies for long term care shall be renewable each year at the option of the insured unless there is nonpayment of premiums.

2017-A10295 (ACTIVE) - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   10295
 
                           I N  A S S E M B L Y
 
                              April 10, 2018
                                ___________
 
 Introduced  by  M.  of A. COOK -- Multi-Sponsored by -- M. of A. COLTON,
   GALEF, GOTTFRIED, GUNTHER, HOOPER -- 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;
   § 2. This act shall take effect immediately.
 
 
 
 
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD05630-01-7

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