senate Bill S5723

Signed By Governor
2017-2018 Legislative Session

Relates to conforming changes to discontinuance notices

download bill text pdf

Sponsored By

Current Bill Status - Signed by Governor


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

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Actions

view actions (13)
Assembly Actions - Lowercase
Senate Actions - UPPERCASE
Sep 13, 2017 signed chap.317
Sep 01, 2017 delivered to governor
Jun 19, 2017 returned to senate
passed assembly
ordered to third reading rules cal.405
substituted for a7737
Jun 14, 2017 referred to insurance
delivered to assembly
passed senate
May 24, 2017 advanced to third reading
May 23, 2017 2nd report cal.
May 22, 2017 1st report cal.1081
Apr 26, 2017 referred to insurance

S5723 - Details

See Assembly Version of this Bill:
A7737
Law Section:
Insurance Law
Laws Affected:
Amd ยง4304, Ins L

S5723 - Summary

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

S5723 - Sponsor Memo

S5723 - 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. S 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.
  S 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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