Assembly Bill A3167

2021-2022 Legislative Session

Requires insurers which issue contracts providing long term care benefits to maintain records of policies cancelled due to increased premiums

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Assembly Committee


  • 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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2021-A3167 (ACTIVE) - Details

See Senate Version of this Bill:
S5531
Current Committee:
Assembly Insurance
Law Section:
Insurance Law
Laws Affected:
Amd §1117, Ins L
Versions Introduced in Other Legislative Sessions:
2009-2010: A4167
2011-2012: A6098
2013-2014: A5601
2015-2016: A3436
2017-2018: A2044
2019-2020: A4545, S5504
2023-2024: A5997, S5589

2021-A3167 (ACTIVE) - Summary

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.

2021-A3167 (ACTIVE) - Bill Text download pdf

                            
 
                     S T A T E   O F   N E W   Y O R K
 ________________________________________________________________________
 
                                   3167
 
                        2021-2022 Regular Sessions
 
                           I N  A S S E M B L Y
 
                             January 22, 2021
                                ___________
 
 Introduced  by  M. of A. COOK, PEOPLES-STOKES, GUNTHER, TAYLOR, BUTTENS-
   CHON, FERNANDEZ, WILLIAMS, BICHOTTE HERMELYN -- Multi-Sponsored by  --
   M.  of A. GOTTFRIED, GRIFFIN, HYNDMAN, SIMON -- 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.
   § 2. This act shall take effect immediately.
 
 
 
 
 
  EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                       [ ] is old law to be omitted.
                                                            LBD07719-01-1



              

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