senate Bill S288

2011-2012 Legislative Session

Creates a task force on universal long term care insurance

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Archive: Last Bill Status - In Committee


  • Introduced
  • In Committee
  • On Floor Calendar
    • Passed Senate
    • Passed Assembly
  • Delivered to Governor
  • Signed/Vetoed by Governor

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Actions

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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

Votes

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Apr 4, 2011 - Insurance committee Vote

S288
4
10
committee
4
Aye
10
Nay
4
Aye with Reservations
0
Absent
0
Excused
0
Abstained
show Insurance committee vote details

Insurance Committee Vote: Apr 4, 2011

Co-Sponsors

S288 - Details

See Assembly Version of this Bill:
A4049
Current Committee:
Law Section:
Insurance Law
Laws Affected:
Add ยง1117-a, Ins L
Versions Introduced in Previous Legislative Sessions:
2011-2012: A10740
2009-2010: S3127A, S621, A1666A

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

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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