Assembly Bill A8957A

Signed By Governor
2013-2014 Legislative Session

Makes various provisions to provide public awareness of means of financing long term health care

download bill text pdf

Sponsored By

Archive: Last Bill Status Via S6672 - 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

multi-Sponsors

2013-A8957 - Details

See Senate Version of this Bill:
S6672
Law Section:
Insurance Law
Laws Affected:
Add §342, amd §§1113, 3201 & 3230, Ins L

2013-A8957 - Summary

Directs the department of financial assistance to establish a public awareness program on the availability of long term health care insurance, the financing thereof and the provision of tax credits for premiums paid therefor; accelerates payment of death benefits and special surrender values upon receipt of the insured of end of life or palliative care.

2013-A8957 - Bill Text download pdf

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

                                  8957

                          I N  A S S E M B L Y

                              March 4, 2014
                               ___________

Introduced by M. of A. GJONAJ -- read once and referred to the Committee
  on Insurance

AN  ACT to amend the insurance law, in relation to establishing a public
  awareness program on the availability of long term health care  insur-
  ance  and  the tax credits therefor, and accelerating payment of death
  benefits or a special surrender value pursuant  to  a  life  insurance
  policy upon receipt of end of life or palliative care

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

  Section 1.  The insurance law is amended by adding a new  section  342
to read as follows:
  S  342.  PUBLIC  AWARENESS  TO FINANCE LONG TERM CARE. THE DEPARTMENT,
DEPARTMENT OF HEALTH, OFFICE FOR THE AGING AND  DEPARTMENT  OF  TAXATION
AND FINANCE MAY JOINTLY ESTABLISH AND CONDUCT A PUBLIC AWARENESS PROGRAM
ON  THE  AVAILABILITY AND COVERAGE PROVIDED BY LIFE INSURANCE AND HEALTH
INSURANCE PLANS FOR LONG TERM CARE, AND THE PROVISIONS  OF  VARIOUS  TAX
CREDITS THEREFOR.
  S  2.  Paragraph  1 of subsection (a) of section 1113 of the insurance
law, as amended by chapter 563 of the laws of 2010, is amended  to  read
as follows:
  (1)  "Life  Insurance,"  means every insurance upon the lives of human
beings, and every insurance appertaining thereto, including the granting
of endowment benefits, additional benefits in  the  event  of  death  by
accident,  additional  benefits  to  safeguard  the contract from lapse,
accelerated payments of part or all of the death benefit  or  a  special
surrender value upon (A) diagnosis of terminal illness defined as a life
expectancy  of  twelve months or less, (B) diagnosis of a medical condi-
tion requiring extraordinary medical care  or  treatment  regardless  of
life expectancy, (C) certification by a licensed health care practition-
er  of any condition which requires continuous care for the remainder of
the insured's life in an eligible facility or at home when  the  insured
is chronically ill as defined by Section 7702(B) of the Internal Revenue
Code and regulations thereunder, provided the accelerated payments qual-
ify  under  Section 101(g)(3) of the Internal Revenue Code and all other

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

co-Sponsors

multi-Sponsors

2013-A8957A (ACTIVE) - Details

See Senate Version of this Bill:
S6672
Law Section:
Insurance Law
Laws Affected:
Add §342, amd §§1113, 3201 & 3230, Ins L

2013-A8957A (ACTIVE) - Summary

Directs the department of financial assistance to establish a public awareness program on the availability of long term health care insurance, the financing thereof and the provision of tax credits for premiums paid therefor; accelerates payment of death benefits and special surrender values upon receipt of the insured of end of life or palliative care.

2013-A8957A (ACTIVE) - Bill Text download pdf

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

                                 8957--A

                          I N  A S S E M B L Y

                              March 4, 2014
                               ___________

Introduced  by  M.  of  A. GJONAJ, SIMANOWITZ, BROOK-KRASNY, RAIA, McDO-
  NOUGH, WRIGHT, HOOPER -- Multi-Sponsored  by  --  M.  of  A.  BRENNAN,
  CAMARA, MAGEE, PERRY, RIVERA, SALADINO, SCHIMEL, SKARTADOS, SWEENEY --
  read  once  and referred to the Committee on Insurance -- reported and
  referred to the Committee on Ways and Means --  committee  discharged,
  bill  amended,  ordered  reprinted  as amended and recommitted to said
  committee

AN ACT to amend the insurance law, in relation to establishing a  public
  awareness  program on the availability of long term health care insur-
  ance and the tax credits therefor, and accelerating payment  of  death
  benefits  or  a  special  surrender value pursuant to a life insurance
  policy upon receipt of end of life or palliative care

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

  Section  1.   The insurance law is amended by adding a new section 342
to read as follows:
  S 342. PUBLIC AWARENESS TO FINANCE LONG  TERM  CARE.  THE  DEPARTMENT,
DEPARTMENT  OF  HEALTH,  OFFICE FOR THE AGING AND DEPARTMENT OF TAXATION
AND FINANCE MAY JOINTLY ESTABLISH AND CONDUCT A PUBLIC AWARENESS PROGRAM
ON THE AVAILABILITY AND COVERAGE PROVIDED BY LIFE INSURANCE  AND  HEALTH
INSURANCE  PLANS  FOR  LONG TERM CARE, AND THE PROVISIONS OF VARIOUS TAX
CREDITS THEREFOR.
  S 2. Paragraph 1 of subsection (a) of section 1113  of  the  insurance
law,  as  amended by chapter 563 of the laws of 2010, is amended to read
as follows:
  (1) "Life Insurance," means every insurance upon the  lives  of  human
beings, and every insurance appertaining thereto, including the granting
of  endowment  benefits,  additional  benefits  in the event of death by
accident, additional benefits to  safeguard  the  contract  from  lapse,
accelerated  payments  of  part or all of the death benefit or a special
surrender value upon (A) diagnosis of terminal illness defined as a life
expectancy of twelve months or less, (B) diagnosis of a  medical  condi-
tion  requiring  extraordinary  medical  care or treatment regardless of
life expectancy, (C) certification by a licensed health care practition-

 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.