Assembly Bill A7737

Signed By Governor
2017-2018 Legislative Session

Relates to conforming changes to discontinuance notices

download bill text pdf

Sponsored By

Archive: Last Bill Status Via S5723 - Signed by Governor

  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

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2017-A7737 (ACTIVE) - Details

See Senate Version of this Bill:
S5723
Law Section:
Insurance Law
Laws Affected:
Amd §4304, Ins L

2017-A7737 (ACTIVE) - Summary

Changes notice requirements for conforming changes to discontinuance notices to not less than ninety days prior written notice.

2017-A7737 (ACTIVE) - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   7737
 
                        2017-2018 Regular Sessions
 
                           I N  A S S E M B L Y
 
                               May 11, 2017
                                ___________
 
 Introduced by M. of A. CAHILL -- read once and referred to the Committee
   on Insurance
 
 AN  ACT to amend the insurance law, in relation to conforming changes to
   discontinuance notices
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:

   Section  1.  Item (i) of subparagraph (C) of paragraph 2 of subsection
 (c) of section 4304 of the insurance law, as amended by chapter  388  of
 the laws of 2014, is amended to read as follows:
   (i)  Discontinuance  of  a  class of contract upon not less than [five
 months'] NINETY DAYS' prior written notice. In exercising the option  to
 discontinue  coverage  pursuant  to  this item, the corporation must act
 uniformly without regard to any health status-related factor of enrolled
 individuals or individuals who may become eligible for such coverage and
 must offer to subscribers or group remitting agents, as may be appropri-
 ate, the option to purchase all other individual health insurance cover-
 age currently being offered by the corporation  to  applicants  in  that
 market.  Provided,  however,  the  superintendent  may, after giving due
 consideration to the public interest, approve a request made by a corpo-
 ration for the corporation to satisfy  the  requirements  of  this  item
 through  the  offering of contracts at each level of coverage as defined
 in section 1302(d) of the affordable care act, 42 U.S.C. § 18022(d) that
 contains the benefits described in paragraph one of  subsection  (b)  of
 section  four  thousand  three  hundred  twenty-eight of this chapter by
 another corporation, insurer or health maintenance  organization  within
 the  corporation's  same  holding  company system, as defined in article
 fifteen of this chapter.
   § 2. This act shall take effect immediately.
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD11235-01-7

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