Senate Bill S1839

2017-2018 Legislative Session

Authorizes superintendent of financial services to promulgate rules and regulations necessary to prohibit retroactive charge-backs of health insurance rates

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-S1839 (ACTIVE) - Details

See Assembly Version of this Bill:
A1462
Current Committee:
Senate Insurance
Law Section:
Insurance Law
Laws Affected:
Add §215, Ins L
Versions Introduced in Other Legislative Sessions:
2009-2010: A684
2011-2012: S6486, A92
2013-2014: S381, A1158
2015-2016: S666, A1048
2019-2020: S3019, A1186
2021-2022: A568

2017-S1839 (ACTIVE) - Summary

Authorizes superintendent of financial services to promulgate rules and regulations necessary to prohibit retroactive charge-backs of health insurance rates.

2017-S1839 (ACTIVE) - Sponsor Memo

2017-S1839 (ACTIVE) - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   1839
 
                        2017-2018 Regular Sessions
 
                             I N  S E N A T E
 
                             January 11, 2017
                                ___________
 
 Introduced  by  Sens. KENNEDY, AVELLA -- 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 the powers and  duties
   of the superintendent of financial services
 
   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 215 to
 read as follows:
   § 215.  SUPERINTENDENT  TO  PROHIBIT  RETROACTIVE  APPLICATIONS  OF  A
 RESULTING  RATE  CHANGE.  THE  SUPERINTENDENT SHALL PROMULGATE RULES AND
 REGULATIONS TO PROHIBIT RETROACTIVE APPLICATIONS  OF  A  RESULTING  RATE
 CHANGE. SUCH RULES AND REGULATIONS SHALL INCLUDE, BUT NOT BE LIMITED TO,
 ESTABLISHING  REASONABLE  TIME  PERIODS  IN  WHICH  THE DEPARTMENT SHALL
 REVIEW RATE  REQUESTS  AND  PROVIDING  THE  DEPARTMENT  WITH  SUFFICIENT
 RESOURCES TO ACCOMPLISH SUCH TASKS.
   § 2. This act shall take effect immediately.
 
 
 
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD00670-01-7



              

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