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NY A03832

Bill

Status

Introduced

2/8/2023

Primary Sponsor

Vivian Cook

Click for details

Origin

Assembly

2023-2024 General Assembly

AI Summary

  • Amends Section 1117 of the Insurance Law to prohibit long-term care insurance policies from providing any coverage that the insured already has in force at the time the new policy is executed
  • Applies to all policies of insurance covering long-term care issued under the provisions of Section 1117
  • Takes effect immediately upon enactment
  • Introduced by Assembly Members Cook, Peoples-Stokes, Epstein, Colton, Reyes, Sayegh, Darling, and Williams with additional sponsors
  • Referred to the Committee on Insurance

Legislative Description

Prohibits insurers from selling policies of insurance which duplicate existing coverage relative to long term health care policies.

Last Action

referred to insurance

1/3/2024

Committee Referrals

Insurance2/8/2023

Full Bill Text

No bill text available