Senate Bill S7416

2017-2018 Legislative Session

Prohibits the imposition of different premium rates for disability insurance based on gender

download bill text pdf

Sponsored By

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

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2017-S7416 (ACTIVE) - Details

See Assembly Version of this Bill:
A9595
Current Committee:
Senate Insurance
Law Section:
Insurance Law
Laws Affected:
Add §3215-a, Ins L
Versions Introduced in Other Legislative Sessions:
2019-2020: S3664, A3024
2021-2022: S1187, A6642
2023-2024: S450, A3781

2017-S7416 (ACTIVE) - Summary

Prohibits the imposition of different premium rates for disability insurance based on gender.

2017-S7416 (ACTIVE) - Sponsor Memo

2017-S7416 (ACTIVE) - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   7416
 
                             I N  S E N A T E
 
                             January 17, 2018
                                ___________
 
 Introduced  by Sen. GIANARIS -- 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 prohibiting the  impo-
   sition of different rates for premiums for the provision of disability
   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 3215-a
 to read as follows:
   § 3215-A. DISABILITY INSURANCE PREMIUM RATES. NO INSURER  OFFERING  OR
 PROVIDING  INDIVIDUAL,  GROUP  OR  BLANKET  DISABILITY INSURANCE IN THIS
 STATE SHALL CHARGE, ESTABLISH OR IMPOSE DIFFERENT RATES FOR PREMIUMS FOR
 THE PROVISION OF SUCH INSURANCE ON  THE  BASIS  OF  THE  GENDER  OF  THE
 INSURED OR INSUREDS.
   §  2.  This  act shall take effect on the thirtieth day after it shall
 have become a law, and shall apply to  policies  and  contracts  issued,
 renewed, modified, altered or amended on or after such date.
 
 
 
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD13370-01-7

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