Do you support this bill?

Assembly Bill A2796

2019-2020 Legislative Session

Relates to excess reserves of certain health maintenance organizations

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Assembly Committee

Please enter your contact information

Home address is used to determine the senate district in which you reside. Your support or opposition to this bill is then shared immediately with the senator who represents you.

Optional services from the NY State Senate:

Create an account. An account allows you to officially support or oppose key legislation, sign petitions with a single click, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.

Include a custom message for your Senator? (Optional)

Enter a message to your senator. Many New Yorkers use this to share the reasoning behind their support or opposition to the bill. Others might share a personal anecdote about how the bill would affect them or people they care about.

Actions

2019-A2796 (ACTIVE) - Details

Current Committee:
Assembly Health
Law Section:
Health
Laws Affected:
Amd Part FFF Subpart B §2, Chap 59 of 2018
Versions Introduced in 2017-2018 Legislative Session:
A10925

2019-A2796 (ACTIVE) - Summary

Relates to excess reserves of certain health maintenance organizations.

2019-A2796 (ACTIVE) - Bill Text download pdf 

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   2796
 
                        2019-2020 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             January 25, 2019
                                ___________
 
 Introduced  by  M.  of  A.  GOTTFRIED  --  read once and referred to the
   Committee on Health
 
 AN ACT to amend subpart B of part FFF of chapter 59 of the laws of  2018
   amending the public health law relating to authorizing the commission-
   er  of  health  to  redeploy excess reserves of certain not-for-profit
   managed care organizations, in relation to the effectiveness thereof
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section  1.  Section  2  of subpart B of part FFF of chapter 59 of the
 laws of 2018 amending the public health law relating to authorizing  the
 commissioner  of  health to redeploy excess reserves of certain not-for-
 profit managed care organizations is amended to read as follows:
   § 2. This act shall take effect August 1, 2018 and shall expire and be
 deemed repealed August 1, 2023[, but, shall not apply to any  entity  or
 any  subsidiary  or  affiliate  of such entity that disposes of all or a
 material portion of its assets pursuant to a transaction that:  (1)  was
 the  subject  of  a  request  for  regulatory approval first made to the
 commissioner of health between January 1, 2017, and December  31,  2017;
 and  (2)  receives  regulatory  approval from the commissioner of health
 prior to July 31, 2018]; PROVIDED THAT THE PROVISIONS OF SECTION 4416 OF
 THE PUBLIC HEALTH LAW, AS ADDED BY SECTION ONE OF THIS  ACT,  SHALL  NOT
 APPLY  TO  ANY ENTITY OR ANY SUBSIDIARY OR AFFILIATE OF SUCH ENTITY THAT
 WAS SUBJECT TO THE TERMS OF SUCH SECTION AND THAT HAD RESERVES THAT  DID
 NOT  EXCEED THE PRESUMPTIVE RESERVE CEILING SET FORTH IN SUCH SECTION ON
 ITS EFFECTIVE DATE.
   § 2. This act shall take effect immediately.
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD03866-01-9

Comments

Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.

Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.

Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.