Assembly Actions -
Senate Actions - UPPERCASE
|Jan 17, 2018||
referred to insurance
Senate Bill S7416
2017-2018 Legislative Session
Archive: Last Bill Status - In Senate Committee Insurance Committee
- In Committee Assembly
- On Floor Calendar Assembly
- Passed Assembly
- Delivered to Governor
- Signed By Governor
2017-S7416 (ACTIVE) - Details
2017-S7416 (ACTIVE) - Sponsor Memo
BILL NUMBER: S7416 SPONSOR: GIANARIS TITLE OF BILL: An act to amend the insurance law, in relation to prohibiting the imposition of different rates for premiums for the provision of disability insurance PURPOSE: To remove gender discrimination from disability insurance premium rates SUMMARY OF PROVISIONS: Section 1 amends the insurance law, adding a new section 3215-a to prohibit insurance companies from charging different rates for disabili- ty insurance on the basis of gender. JUSTIFICATION: Gender discrimination is currently not only allowed, but also standard
2017-S7416 (ACTIVE) - Bill Text download pdf
S T A T E O F N E W Y O R K ________________________________________________________________________ 7416 I N S E N A T E January 17, 2018 ___________ Introduced by Sen. GIANARIS -- 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 prohibiting the impo- sition of different rates for premiums for the provision of disability insurance 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 3215-a to read as follows: § 3215-A. DISABILITY INSURANCE PREMIUM RATES. NO INSURER OFFERING OR PROVIDING INDIVIDUAL, GROUP OR BLANKET DISABILITY INSURANCE IN THIS STATE SHALL CHARGE, ESTABLISH OR IMPOSE DIFFERENT RATES FOR PREMIUMS FOR THE PROVISION OF SUCH INSURANCE ON THE BASIS OF THE GENDER OF THE INSURED OR INSUREDS. § 2. This act shall take effect on the thirtieth day after it shall have become a law, and shall apply to policies and contracts issued, renewed, modified, altered or amended on or after such date. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD13370-01-7
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