Senate Bill S6410

Signed By Governor
2023-2024 Legislative Session

Authorizes certain groups to adopt a plan for self-insurance as a group to be known as a public group self-insurer

download bill text pdf

Sponsored By

Current 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

Do you support this bill?

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
Votes

Bill Amendments

co-Sponsors

2023-S6410 - Details

Law Section:
Insurance Law
Laws Affected:
Amd §3443, Ins L; amd §§50 & 70, Work Comp L; amd §30, Vol Ffs Ben L; amd §30, Vol Amb Wrk Ben L; amd §119-o, Gen Muni L

2023-S6410 - Summary

Authorizes certain groups to adopt a plan for self-insurance as a group to be known as a public group self-insurer; establishes procedures for insolvency of a public group self-insurer and for offering deductibles.

2023-S6410 - Sponsor Memo

2023-S6410 - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   6410
 
                        2023-2024 Regular Sessions
 
                             I N  S E N A T E
 
                              April 18, 2023
                                ___________
 
 Introduced  by  Sen.  RAMOS  -- read twice and ordered printed, and when
   printed to be committed to the Committee on Insurance
 
 AN ACT to amend the insurance law, the workers'  compensation  law,  the
   volunteer  firefighters' benefit law, the volunteer ambulance workers'
   benefit law, and the general municipal law, in relation to deductibles
   offered by public group self-insurers
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. The opening paragraph of section 3443 of the insurance law,
 as  added  by  chapter  924  of  the laws of 1990, is amended to read as
 follows:
   An insurer issuing a workers' compensation  and  employers'  liability
 insurance  policy,  [and a group self-insurer for municipal corporations
 as defined in subdivision three-a  of  section  fifty  of  the  workers'
 compensation  law,]  may offer, as part of the policy or by endorsement,
 deductibles optional to the policyholder for benefits payable under  the
 policy,  subject to approval by the superintendent and subject to under-
 writing by the insurer,  consistent  with  the  following  standards  or
 factors:
   §  2. Subparagraph (a) of paragraph 2 of subdivision 3-a of section 50
 of the workers' compensation law, as amended by section 4 of part  G  of
 chapter  57 of the laws of 2011, is amended and a new subparagraph (a-1)
 is added to read as follows:
   (a) Any group consisting exclusively of such  employers  may  adopt  a
 plan  for  self-insurance,  as  a group, for the payment of compensation
 under this chapter to their employees, except that  no  new  groups  may
 adopt  such  a plan, and no group not composed solely of public entities
 set forth in SUBPARAGRAPH (A-1) OF THIS paragraph [a of subdivision four
 of this section] may insure any liabilities for  any  employers  on  and
 after  January  first,  two  thousand  twelve, except as provided for in
 paragraph ten of this subdivision.  Under  such  plan  the  group  shall

  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD10394-01-3
              

co-Sponsors

2023-S6410A (ACTIVE) - Details

Law Section:
Insurance Law
Laws Affected:
Amd §3443, Ins L; amd §§50 & 70, Work Comp L; amd §30, Vol Ffs Ben L; amd §30, Vol Amb Wrk Ben L; amd §119-o, Gen Muni L

2023-S6410A (ACTIVE) - Summary

Authorizes certain groups to adopt a plan for self-insurance as a group to be known as a public group self-insurer; establishes procedures for insolvency of a public group self-insurer and for offering deductibles.

2023-S6410A (ACTIVE) - Sponsor Memo

2023-S6410A (ACTIVE) - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                  6410--A
     Cal. No. 1064
 
                        2023-2024 Regular Sessions
 
                             I N  S E N A T E
 
                              April 18, 2023
                                ___________
 
 Introduced  by  Sens.  RAMOS,  GRIFFO, SKOUFIS -- read twice and ordered
   printed, and when printed to be committed to the Committee  on  Insur-
   ance  --  reported  favorably from said committee and committed to the
   Committee on Labor -- reported favorably from said committee,  ordered
   to  first  and  second  report,  ordered to a third reading, passed by
   Senate and delivered to the  Assembly,  recalled,  vote  reconsidered,
   restored  to  third  reading, amended and ordered reprinted, retaining
   its place in the order of third reading
 
 AN ACT to amend the insurance law, the workers'  compensation  law,  the
   volunteer  firefighters' benefit law, the volunteer ambulance workers'
   benefit law, and the general municipal law, in relation to deductibles
   offered by public group self-insurers
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. The opening paragraph of section 3443 of the insurance law,
 as  added  by  chapter  924  of  the laws of 1990, is amended to read as
 follows:
   An insurer issuing a workers' compensation  and  employers'  liability
 insurance  policy,  [and a group self-insurer for municipal corporations
 as defined in subdivision three-a  of  section  fifty  of  the  workers'
 compensation  law,]  may offer, as part of the policy or by endorsement,
 deductibles optional to the policyholder for benefits payable under  the
 policy,  subject to approval by the superintendent and subject to under-
 writing by the insurer,  consistent  with  the  following  standards  or
 factors:
   §  2. Subparagraph (a) of paragraph 2 of subdivision 3-a of section 50
 of the workers' compensation law, as amended by section 4 of part  G  of
 chapter  57 of the laws of 2011, is amended and a new subparagraph (a-1)
 is added to read as follows:
   (a) Any group consisting exclusively of such  employers  may  adopt  a
 plan  for  self-insurance,  as  a group, for the payment of compensation

  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
              

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.