Senate Bill S5218

Vetoed By Governor
2013-2014 Legislative Session

Relates to rates and payments under the child health insurance plan

download bill text pdf

Sponsored By

Archive: Last Bill Status Via A7882 - Vetoed by Governor

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

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2013-S5218 (ACTIVE) - Details

See Assembly Version of this Bill:
A7882
Law Section:
Insurance Law
Laws Affected:
Amd §1120, Ins L; amd §2511, Pub Health L

2013-S5218 (ACTIVE) - Summary

Relates to rates and payments under the child health insurance plan; provides for determination of contract rates by the superintendent and for adjustment of subsidy payments through March 31, 2014.

2013-S5218 (ACTIVE) - Sponsor Memo

2013-S5218 (ACTIVE) - Bill Text download pdf 

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

                                  5218

                       2013-2014 Regular Sessions

                            I N  S E N A T E

                              May 14, 2013
                               ___________

Introduced  by  Sen.  SEWARD -- read twice and ordered printed, and when
  printed to be committed to the Committee on Insurance

AN ACT to amend the insurance law and the public health law, in relation
  to the child health insurance plan

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

  Section  1.  Subsection  (c)  of section 1120 of the insurance law, as
added by chapter 922 of the   laws  of  1990,  is  amended  to  read  as
follows:
  (c)  The duration of such contracts or arrangements, THE RATES OF SUCH
CONTRACTS, and the extent of exposure thereunder  by  insurers,  article
forty-three  corporations  or  health maintenance organizations shall be
determined by the superintendent.
  S 2. Paragraph (e) of subdivision 8 of  section  2511  of  the  public
health  law,  as  added  by section 21-a of part B of chapter 109 of the
laws of 2010, is amended to read as follows:
  (e) The commissioner shall adjust subsidy payments to approved  organ-
izations  made  on and after April first, two thousand ten THROUGH MARCH
THIRTY-FIRST, TWO THOUSAND FOURTEEN, so that the  amount  of  each  such
payment,  as  otherwise  calculated  pursuant  to  this  subdivision, is
reduced by twenty-eight percent of the amount by which  such  calculated
payment  exceeds  the statewide average subsidy payment for all approved
organizations in effect on April first, two thousand ten. Such statewide
average subsidy payment shall be  calculated  by  the  commissioner  and
shall not reflect adjustments made pursuant to this paragraph.
  S 3. This act shall take effect immediately.


 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD10976-01-3

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