Requires insurers which issue contracts providing long term care benefits to maintain records of policies cancelled during each year and requires that such records indicate which policies were cancelled due to, or within thirty days after, an increase in policy premiums due to increased premiums.

---

A6098-2011 Actions

• Jan 4, 2012: referred to insurance
• Mar 7, 2011: referred to insurance

A6098-2011 Text

                      S T A T E   O F   N E W   Y O R K
  ________________________________________________________________________

                                    6098

                         2011-2012 Regular Sessions

                            I N  ASSEMBLY

                                March 7, 2011
                                 ___________

  Introduced  by M. of A. COOK, GUNTHER, PHEFFER, SCHROEDER -- Multi-Spon-
    sored by -- M. of A.   GOTTFRIED,  HOOPER,  TOWNS  --  read  once  and
    referred to the Committee on Insurance

  AN ACT to amend the insurance law, in relation to health insurance plans
    for long term care

    THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
  BLY, DO ENACT AS FOLLOWS:


    Section 1. Section 1117 of the insurance law is amended  by  adding  a
  new subsection (h) to read as follows:

    (H)  ANY  AUTHORIZED INSURER WHICH ISSUES CONTRACTS IN CONNECTION WITH
  PLANS PROVIDING BENEFITS FOR LONG TERM CARE PURSUANT TO  THE  PROVISIONS
  OF THIS SECTION SHALL PREPARE AND MAINTAIN RECORDS WHICH LIST THE NUMBER
  OF  SUCH  POLICIES  CANCELLED  DURING EACH YEAR. SUCH RECORDS SHALL ALSO
  INDICATE WHICH POLICIES WERE CANCELLED DUE TO,  OR  WITHIN  THIRTY  DAYS
  AFTER, AN INCREASE IN POLICY PREMIUMS.
    S 2. This act shall take effect immediately.






   EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                        [ ] is old law to be omitted.
                                                             LBD02433-01-1