Provides written notice of premium rate changes not less than sixty days prior to the effective date of such rate changes.
Sponsor: Hawley (MS) / Multi-sponsor(s): Barclay, Calhoun, Jordan, Meng, Molinaro, Sayward, Weisenberg / Co-sponsor(s): McKevitt, Burling, Raia, Tobacco, Finch
Law Section: Insurance Law / Law: Amd S3221, Ins L
Sponsor: Hawley (MS) / Multi-sponsor(s): Barclay, Calhoun, Jordan, Meng, Molinaro, Sayward, Weisenberg / Co-sponsor(s): McKevitt, Burling, Raia, Tobacco, Finch
Law Section: Insurance Law / Law: Amd S3221, Ins L
A1247A-2011 Actions
- May 8, 2012: print number 1247a
- May 8, 2012: amend and recommit to insurance
- Apr 26, 2012: held for consideration in insurance
- Jan 4, 2012: referred to insurance
- Jan 14, 2011: reference changed to insurance
- Jan 5, 2011: referred to election law
A1247A-2011 Text
S T A T E O F N E W Y O R K
1247--A
2011-2012 Regular Sessions I N ASSEMBLY (PREFILED)
January 5, 2011
Introduced by M. of A. HAWLEY, McKEVITT, BURLING, RAIA, TOBACCO, FINCH -- Multi-Sponsored by -- M. of A. BARCLAY, CALHOUN, JORDAN, MENG, SAYWARD, WEISENBERG -- read once and referred to the Committee on Election Law -- reference changed to the Committee on Insurance - recommitted to the Committee on Insurance in accordance with Assembly Rule 3, sec. 2 -- committee discharged, bill amended, ordered reprinted as amended and recommitted to said committee AN ACT to amend the insurance law, in relation to providing written notice of premium rate changes not less than sixty days prior to the effective date of such rate changes
THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM BLY, DO ENACT AS FOLLOWS:
Section 1. Paragraph 4 of subsection (p) of section 3221 of the insur ance law, as added by chapter 661 of the laws of 1997, is amended to read as follows:
(4) At the time of coverage renewal, an insurer may modify the health insurance coverage for a group or blanket policy offered to a large or small group policyholder so long as such modification is consistent with this chapter and effective on a uniform basis among all small group policyholders with that policy form; PROVIDED, HOWEVER, THE INSURER SHALL PROVIDE WRITTEN NOTICE TO ALL POLICY HOLDERS TO WHICH THE MODIFIED POLICY SHALL BE OFFERED OF ANY CHANGE IN PREMIUM RATES NOT LESS THAN SIXTY, BUT NOT MORE THAN ONE HUNDRED TWENTY, DAYS PRIOR TO THE EFFECTIVE DATE OF SUCH RATES.
S 2. This act shall take effect September 1, 2012. EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD03374-03-2

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