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Assembly Bill A6470

2015-2016 Legislative Session

Directs the department of financial services to study and make recommendations on the provision of long term health care insurance coverage

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Archive: Last Bill Status - In Assembly Committee

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2015-A6470 (ACTIVE) - Details

Current Committee:
Assembly Insurance
Law Section:
Insurance
Versions Introduced in Other Legislative Sessions:
2009-2010: A5380
2011-2012: A5560
2013-2014: A5814

2015-A6470 (ACTIVE) - Summary

Directs the department of financial services to study and make recommendations on the provision of long term health care insurance coverage and the settlement of claims under such insurance; requires the submission of a report to the superintendent of financial services, the governor and the legislature.

2015-A6470 (ACTIVE) - Bill Text download pdf 

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

                                  6470

                       2015-2016 Regular Sessions

                          I N  A S S E M B L Y

                             March 25, 2015
                               ___________

Introduced  by  M.  of  A.  ENGLEBRIGHT -- read once and referred to the
  Committee on Insurance

AN ACT to direct the department of financial services to study, evaluate
  and make recommendations concerning the provision of long term  health
  care insurance coverage and claims settlement in the state

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

  Section 1. The department of financial services is  hereby  authorized
and  directed  to  examine, evaluate and make recommendations concerning
the provision of long term health care insurance coverage in this state,
as authorized pursuant to  section  1117  of  the  insurance  law.  Such
department  shall  review,  with  particular care, the claims settlement
practices of the insurers providing such coverage in this state.
  S 2. The department of financial services shall hold  public  hearings
in  the  course of conducting its examination and evaluation pursuant to
this act.
  S 3. The department of financial services shall submit a report, on or
before January 1, 2016, to the superintendent of financial services, the
governor and the legislature of its findings, conclusions and  recommen-
dations, and shall submit with its report such legislative and regulato-
ry proposals as it deems necessary to implement its recommendations.
  S 4. This act shall take effect immediately.




 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD10083-01-5

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