|Assembly Actions - Lowercase
Senate Actions - UPPERCASE
|Jan 04, 2012||referred to insurance|
|Apr 04, 2011||defeated in insurance|
|Feb 22, 2011||notice of committee consideration - requested|
|Jan 05, 2011||referred to insurance|
senate Bill S288
Archive: Last Bill Status -
- In Committee
- On Floor Calendar
- Passed Senate
- Passed Assembly
- Delivered to Governor
- Signed/Vetoed by Governor
S288 - Details
S288 - Summary
Creates a task force on universal long term care insurance to develop a plan for the financing and provisions for universal long term care insurance for all New Yorkers; provides that the task force shall be chaired by the director of the office for the aging; provides that such task force shall hold public hearings and issue reports.
S288 - Sponsor Memo
BILL NUMBER:S288 TITLE OF BILL: REVISED 12/30/11 An act to amend the insurance law, in relation to creating a task force on universal long term care insurance PURPOSE: The purpose of this bill is to ensure that every New York resident receives the protection of long term care insurance in his or her old age. SUMMARY OF PROVISIONS: Section 1. Legislative Intent Section 2. Amends the Insurance Law by adding a new section 1117-a. Creates a Task Force on Universal Long Term Care Insurance to be comprised of eighteen members. Such task force would develop a plan for the provision and financing of universal long term care insurance for all New Yorkers. The task force would analyze current long term care insurance offerings in the State, determine how the use of individual taxpayer contributions may be used to fund the purchase of long term care insurance for all residents and develop the benefits and mechanisms necessary for providing long term care insurance for all New Yorkers. The Director of the State Office for the Aging would serve as the chairperson of the task force. The task force would meet
S288 - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 288 2011-2012 Regular Sessions I N S E N A T E (PREFILED) January 5, 2011 ___________ Introduced by Sen. DIAZ -- 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 creating a task force on universal long term care insurance THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Legislative findings and intent. The legislature finds and declares that the average length of life is increasing and that the population as a whole is aging. The age sixty-five plus population is expected to more than double between the years 2000 and 2030 to number almost seventy million nationally. Sixty percent of those who reach age sixty-five will need some form of long term care. In comparison to the state's total population increase of five and one-half percent between the years 1990 and 2000, the number of individuals age eighty-five and older increased by twenty-five and one-half percent and is the fastest growing segment of our population. Dynamic changes in the state's popu- lation will continue to increase as the baby boom generation reaches age sixty and continues to mature. As one would anticipate from these shifts in demographics, the need for affordable long term care services is growing and is expected to accelerate at a dramatic rate. In New York state, the average yearly cost of a nursing home can range from seventy thousand dollars to one hundred fifteen thousand dollars. Twenty-four hour home health care can cost more than twice this much. Many New Yorkers are unable to afford the high cost of long term care insurance and must rely on Medicaid to pay for the costs of home health or nursing home care. Congress recognized the public benefit of social insurance when it implemented Social Security in order to better the condition of each American at his or her retirement and thereafter. Under its constitu- tion, the state has an obligation to promote the general welfare of its EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted.
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