Bill S6252-2013

Relates to submission of written requests to the superintendent of insurance regarding health insurance demonstration programs

Enacts provisions relating to submission of written requests to the superintendent of financial services regarding health insurance demonstration programs.

Details

Actions

  • Mar 17, 2014: SIGNED CHAP.13
  • Mar 12, 2014: DELIVERED TO GOVERNOR
  • Feb 3, 2014: returned to senate
  • Feb 3, 2014: passed assembly
  • Feb 3, 2014: ordered to third reading cal.424
  • Feb 3, 2014: substituted for a8398
  • Jan 23, 2014: referred to insurance
  • Jan 23, 2014: DELIVERED TO ASSEMBLY
  • Jan 23, 2014: PASSED SENATE
  • Jan 13, 2014: ORDERED TO THIRD READING CAL.15
  • Jan 13, 2014: COMMITTEE DISCHARGED AND COMMITTED TO RULES
  • Jan 8, 2014: REFERRED TO INSURANCE

Meetings

Calendars

Votes

Memo

BILL NUMBER:S6252

TITLE OF BILL: An act to amend the insurance law, in relation to a health insurance demonstration program for independent workers and a health insurance demonstration program for former employees

PURPOSE:

Chapter Amendment for Senate bill S5695 of 2013

SUMMARY OF PROVISIONS: Amended Chapter 488 of the laws of 2013

JUSTIFICATION:

Today, an increasing number of New Yorkers are losing employer-based health insurance coverage due to the economy. Some of these individuals were promised continued coverage by their employer after retirement.

These former employees lack access to employment-sponsored health insurance coverage, often cannot afford to purchase coverage in the private pay market, and are not eligible for Medicare. Chapter 362 of the Laws of 2012 established a pilot program to meet the needs of this population, at a reasonable price, while still requiring the insurer to meet the solvency requirements, benefit mandates, and other obligations required by state statute and regulation. In addition, providing this program on a "pilot" basis affords the Department of Financial Services the ability to assess the Policy ramifications of this change and the impact on other groups and the community.

PRIOR LEGISLATIVE HISTORY:

New bill.

FISCAL IMPLICATIONS FOR STATE AND LOCAL GOVERNMENTS:

None noted.

EFFECTIVE DATE:

Immediately.


Text

STATE OF NEW YORK ________________________________________________________________________ 6252 IN SENATE (PREFILED) January 8, 2014 ___________
Introduced by Sen. ROBACH -- 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 a health insurance demonstration program for independent workers and a health insurance demonstration program for former employees THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM- BLY, DO ENACT AS FOLLOWS: Section 1. Paragraph 3 of subsection (c) of section 1123 of the insur- ance law, as amended by chapter 488 of the laws of 2013, is amended to read as follows: (3) Any eligible insurer seeking the superintendent's approval under paragraph two of this subsection shall submit a written request to the superintendent [pursuant to regulations promulgated by the superinten- dent] WITHIN THIRTY DAYS OF THE EFFECTIVE DATE OF THIS SECTION. The eligible insurer's application shall: specify the identity and composi- tion of the eligible association, the eligible association's membership rules, and the terms under which the eligible insurer shall provide group health insurance to the eligible association; demonstrate that the eligible insurer and the eligible association meet the requirements set forth in this section; and identify the group health insurance policy forms that the eligible insurer will issue to the eligible association. The superintendent shall make a determination on any request within ninety days of receipt of all necessary information. The superintendent shall issue an approval to only one eligible insurer. S 2. Paragraph 3 of subsection (b) of section 1123-a of the insurance law, as added by chapter 362 of the laws of 2012, is amended to read as follows: (3) Any eligible insurer seeking the superintendent's approval under paragraph two of this subsection shall submit a written request to the superintendent [within thirty days of the effective date of this section]. The eligible insurer's application shall: specify the identi- ty and composition of the eligible association, the eligible associ- ation's membership rules, and the terms under which the eligible insurer
shall provide group health insurance to the eligible association; demon- strate that the eligible insurer and the eligible association meet the requirements set forth in this section; and identify the group health insurance policy forms that the eligible insurer will issue to the eligible association. The superintendent shall make a determination on any request within ninety days of receipt of all necessary information. The superintendent shall issue an approval to only one eligible insurer. S 3. This act shall take effect immediately; provided that section one of this act shall be deemed to have been in full force and effect on the same date as chapter 488 of the laws of 2013 took effect; provided, further, that the amendments to paragraph 3 of subsection (c) of section 1123 of the insurance law, made by section one of this act shall not affect the repeal of such section and shall be deemed repealed there- with; and provided further that the amendments to paragraph 3 of subsection (b) of section 1123-a of the insurance law made by section two of this act shall not affect the repeal of such section and shall be deemed repealed therewith.

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