Senate Bill S8143

2023-2024 Legislative Session

Provides for standardized health insurance contracts for small dental employers

download bill text pdf

Sponsored By

Current Bill Status - In Senate Committee Insurance Committee


  • 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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2023-S8143 (ACTIVE) - Details

See Assembly Version of this Bill:
A8360
Current Committee:
Senate Insurance
Law Section:
Insurance Law
Laws Affected:
Amd §§4326 & 4327, Ins L

2023-S8143 (ACTIVE) - Summary

Provides for standardized health insurance contracts for small dental employers who meet certain criteria.

2023-S8143 (ACTIVE) - Sponsor Memo

2023-S8143 (ACTIVE) - Bill Text download pdf

                             
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   8143
 
                             I N  S E N A T E
 
                              January 9, 2024
                                ___________
 
 Introduced  by  Sen. BRESLIN -- 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  standardized  health
   insurance  contracts for small dental employers; and providing for the
   repeal of such provisions upon the expiration thereof
 
   THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
 BLY, DO ENACT AS FOLLOWS:
 
   Section 1. The section heading and subsections (a), (c), (g), (h), (i)
 and  (k)  of section 4326 of the insurance law, as amended by section 56
 of part D of chapter 56 of the laws of 2013,  are  amended  to  read  as
 follows:
   Standardized   health   insurance   contracts   for  qualifying  small
 employers, QUALIFYING SMALL DENTAL  EMPLOYERS  and  individuals.  (a)  A
 program  is  hereby  established  for the purpose of making standardized
 health insurance contracts available to qualifying small  employers  AND
 QUALIFYING  SMALL  DENTAL  EMPLOYERS  as  defined  in this section. Such
 program is designed to encourage small employers to offer health  insur-
 ance coverage to their employees.
   (c)  The  following  definitions  shall be applicable to the insurance
 contracts offered under the program established by this section:
   (1) (A) A qualifying small employer is an employer with:
   (i) not more than fifty employees;
   (ii) no group health insurance that provides benefits  on  an  expense
 reimbursed  or  prepaid  basis  covering  employees in effect during the
 twelve month period prior to application for a qualifying  group  health
 insurance contract under the program established by this section; and
   (iii)  at least thirty percent of its employees receiving annual wages
 from the employer at a level equal  to  or  less  than  thirty  thousand
 dollars.  The  thirty  thousand  dollar figure shall be adjusted period-
 ically pursuant to subparagraph (D) of this paragraph.
   (B) The twelve month period set forth in item (ii) of subparagraph (A)
 of this paragraph may be adjusted  by  the  superintendent  from  twelve
 months  to eighteen months if he determines that the twelve month period
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD13499-01-3
              

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