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NY A09343

Bill

Status

Introduced

3/6/2024

Primary Sponsor

David Weprin

Click for details

Origin

Assembly

2023-2024 General Assembly

AI Summary

  • Amends New York Insurance Law by adding Section 204 requiring the superintendent to publish a report on the department's website regarding long-term care insurance rates

  • Report must include current long-term care insurance plan or policy rates from all insurers subject to insurance law provisions

  • Report must include historical long-term care insurance rates from all insurers for the prior ten years

  • Report must include dates and amounts of all rate changes

  • Takes effect ninety days after becoming law

Legislative Description

Requires the department of financial services publish a report on long-term care insurance rates including historical rates and the dates and amounts of any rate changes.

Last Action

referred to insurance

3/6/2024

Committee Referrals

Insurance3/6/2024

Full Bill Text

No bill text available