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Assembly Bill A1247

2011-2012 Legislative Session

Provides that written notice of premium rate changes be given not less than sixty days prior to the effective date of such rate changes

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Archive: Last Bill Status - In Assembly Committee

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Bill Amendments

co-Sponsors

multi-Sponsors

2011-A1247 - Details

Current Committee:
Assembly Insurance
Law Section:
Insurance Law
Laws Affected:
Amd §3221, Ins L
Versions Introduced in Other Legislative Sessions:
2009-2010: A7186
2013-2014: A331
2015-2016: A3978
2017-2018: A1560
2019-2020: A2918
2021-2022: A5955
2023-2024: A2018
2025-2026: A2556

2011-A1247 - Summary

Provides written notice of premium rate changes not less than sixty days prior to the effective date of such rate changes.

2011-A1247 - Bill Text download pdf 

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

                                  1247

                       2011-2012 Regular Sessions

                          I N  A S S E M B L Y

                               (PREFILED)

                             January 5, 2011
                               ___________

Introduced  by  M. of A. HAWLEY, McKEVITT, BURLING, RAIA, TOBACCO, FINCH
  -- Multi-Sponsored by -- M. of  A.  BARCLAY,  CALHOUN,  JORDAN,  MENG,
  MOLINARO, SAYWARD, WEISENBERG -- read once and referred to the Commit-
  tee on Election Law

AN  ACT  to  amend  the  insurance law, in relation to providing written
  notice of premium rate changes not less than sixty days prior  to  the
  effective date of such rate changes

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

  Section 1. Paragraph 4 of subsection (p) of section 3221 of the insur-
ance law, as added by chapter 661 of the laws of  1997,  is  amended  to
read as follows:
  (4)  At the time of coverage renewal, an insurer may modify the health
insurance coverage for a group or blanket policy offered to a  large  or
small group policyholder so long as such modification is consistent with
this  chapter  and  effective  on  a uniform basis among all small group
policyholders with that policy  form;  PROVIDED,  HOWEVER,  THE  INSURER
SHALL PROVIDE WRITTEN NOTICE TO ALL POLICY HOLDERS TO WHICH THE MODIFIED
POLICY  SHALL  BE  OFFERED  OF ANY CHANGE IN PREMIUM RATES NOT LESS THAN
SIXTY, BUT NOT MORE THAN ONE HUNDRED TWENTY, DAYS PRIOR TO THE EFFECTIVE
DATE OF SUCH RATES.
  S 2. This act shall take effect September 1, 2011.



 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD03374-01-1

co-Sponsors

multi-Sponsors

2011-A1247A (ACTIVE) - Details

Current Committee:
Assembly Insurance
Law Section:
Insurance Law
Laws Affected:
Amd §3221, Ins L
Versions Introduced in Other Legislative Sessions:
2009-2010: A7186
2013-2014: A331
2015-2016: A3978
2017-2018: A1560
2019-2020: A2918
2021-2022: A5955
2023-2024: A2018
2025-2026: A2556

2011-A1247A (ACTIVE) - Summary

Provides written notice of premium rate changes not less than sixty days prior to the effective date of such rate changes.

2011-A1247A (ACTIVE) - Bill Text download pdf 

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

                                 1247--A

                       2011-2012 Regular Sessions

                          I N  A S S E M B L Y

                               (PREFILED)

                             January 5, 2011
                               ___________

Introduced  by  M. of A. HAWLEY, McKEVITT, BURLING, RAIA, TOBACCO, FINCH
  -- Multi-Sponsored by -- M. of  A.  BARCLAY,  CALHOUN,  JORDAN,  MENG,
  SAYWARD,  WEISENBERG  --  read  once  and referred to the Committee on
  Election Law -- reference changed to the  Committee  on  Insurance  --
  recommitted  to the Committee on Insurance in accordance with Assembly
  Rule  3,  sec.  2  --  committee  discharged,  bill  amended,  ordered
  reprinted as amended and recommitted to said committee

AN  ACT  to  amend  the  insurance law, in relation to providing written
  notice of premium rate changes not less than sixty days prior  to  the
  effective date of such rate changes

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

  Section 1. Paragraph 4 of subsection (p) of section 3221 of the insur-
ance law, as added by chapter 661 of the laws of  1997,  is  amended  to
read as follows:
  (4)  At the time of coverage renewal, an insurer may modify the health
insurance coverage for a group or blanket policy offered to a  large  or
small group policyholder so long as such modification is consistent with
this  chapter  and  effective  on  a uniform basis among all small group
policyholders with that policy  form;  PROVIDED,  HOWEVER,  THE  INSURER
SHALL PROVIDE WRITTEN NOTICE TO ALL POLICY HOLDERS TO WHICH THE MODIFIED
POLICY  SHALL  BE  OFFERED  OF ANY CHANGE IN PREMIUM RATES NOT LESS THAN
SIXTY, BUT NOT MORE THAN ONE HUNDRED TWENTY, DAYS PRIOR TO THE EFFECTIVE
DATE OF SUCH RATES.
  S 2. This act shall take effect September 1, 2012.


 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD03374-03-2

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