Senate Bill S5723

Signed By Governor
2017-2018 Legislative Session

Relates to conforming changes to discontinuance notices

download bill text pdf

Sponsored By

Archive: Last Bill Status - 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-S5723 (ACTIVE) - Details

See Assembly Version of this Bill:
A7737
Law Section:
Insurance Law
Laws Affected:
Amd §4304, Ins L

2017-S5723 (ACTIVE) - Summary

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

2017-S5723 (ACTIVE) - Sponsor Memo

2017-S5723 (ACTIVE) - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   5723
 
                        2017-2018 Regular Sessions
 
                             I N  S E N A T E
 
                              April 26, 2017
                                ___________
 
 Introduced  by  Sen.  SEWARD -- 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 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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