S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   3167
 
                        2021-2022 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             January 22, 2021
                                ___________
 
 Introduced  by  M. of A. COOK, PEOPLES-STOKES, GUNTHER, TAYLOR, BUTTENS-
   CHON, FERNANDEZ, WILLIAMS, BICHOTTE HERMELYN -- Multi-Sponsored by  --
   M.  of A. GOTTFRIED, GRIFFIN, HYNDMAN, SIMON -- read once and referred
   to the Committee on Insurance
 
 AN ACT to amend the insurance law, in relation to health insurance plans
   for long term care

   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  Section  1117 of the insurance law is amended by adding a
 new subsection (h) to read as follows:
   (H) ANY AUTHORIZED INSURER WHICH ISSUES CONTRACTS IN  CONNECTION  WITH
 PLANS  PROVIDING  BENEFITS FOR LONG TERM CARE PURSUANT TO THE PROVISIONS
 OF THIS SECTION SHALL PREPARE AND MAINTAIN RECORDS WHICH LIST THE NUMBER
 OF SUCH POLICIES CANCELLED DURING EACH YEAR.  SUCH  RECORDS  SHALL  ALSO
 INDICATE  WHICH  POLICIES  WERE  CANCELLED DUE TO, OR WITHIN THIRTY DAYS
 AFTER, AN INCREASE IN POLICY PREMIUMS.
   § 2. This act shall take effect immediately.
 
 
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD07719-01-1