Assembly Bill A10269

Signed By Governor
2015-2016 Legislative Session

Authorizes an insured to designate a third party to receive cancellation notification

download bill text pdf

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Archive: Last Bill Status Via S2268 - 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

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2015-A10269 (ACTIVE) - Details

See Senate Version of this Bill:
S2268
Law Section:
Insurance Law
Laws Affected:
Amd ยงยง1117 & 3111, Ins L
Versions Introduced in 2013-2014 Legislative Session:
S6638

2015-A10269 (ACTIVE) - Summary

Authorizes an insured to designate a third party to receive cancellation notification.

2015-A10269 (ACTIVE) - Bill Text download pdf

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

                                  10269

                          I N  A S S E M B L Y

                              May 19, 2016
                               ___________

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

AN ACT to amend the insurance law, in relation  to  the  designation  of
  third parties to receive notification of cancellation

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

  Section 1. Paragraph 6 of subsection (b) of section 1117 of the insur-
ance law, as added by chapter 572 of the laws of  2008,  is  amended  to
read as follows:
  (6)  prior  to the earlier of the execution of a policy or certificate
in connection with a plan providing a home care benefit and/or a nursing
home benefit, or the payment of any premium or fee  related  to  such  a
policy or certificate, the authorized insurer, corporation, health main-
tenance  organization  or  fraternal  benefit  society shall provide the
prospective insured or his  or  her  representative  with  a  disclosure
statement, which contains the following:
  (A)  The  maximum  daily  and  lifetime benefit levels, if applicable,
provided by the policy or certificate for home care services and nursing
home services;
  (B) The percentage of coverage provided for  home  care  services  and
nursing  home services, if applicable, and an explanation of the method-
ology on which the reasonable  charge  used  in  conjunction  with  such
percentage amount is based;
  (C)  A  description of any inflation protection feature included in or
available for purchase under the policy or  certificate  and  the  addi-
tional premium required to purchase such option or options;
  (D)  (i)  If  available  and accessible by the insurer or other entity
from the department of  health,  the  most  recently-published  average,
statewide  rate for care in a nursing home, as well as the average rates
for care in nursing homes for both the New  York  city-metropolitan  and
upstate regions of the state; or
  (ii)  If  available and accessible by the insurer or other entity from
the department of health, the most recently-published map of  the  esti-

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
                                                           LBD00936-01-5
              

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