Loading chat...
NY A10301
Bill
Status
5/17/2024
Primary Sponsor
Amy Paulin
Click for details
AI Summary
-
Requires prior authorization regulations for the medical indemnity fund to establish a mechanism allowing healthcare providers to submit requests directly to the fund.
-
Mandates the fund administrator notify qualified plaintiffs within a reasonably prompt period of time which costs are qualifying healthcare costs covered by the fund and which are not.
-
Requires the commissioner to conduct actuarial calculations within 60 days following fund deposits and quarterly thereafter, with results publicly posted on the department's website within 30 days.
-
Requires the administrator to provide 60 days' notice on its website before suspending fund enrollments if liabilities reach 80 percent of assets.
-
Beginning April 1, 2025, requires annual deposits to maintain fund liabilities at or below 80 percent of assets; exempts the 2024-2025 fiscal year from enrollment suspensions.
Legislative Description
Requires any regulation that mandates prior authorization to establish a mechanism for submission of requests for prior authorization by health care providers directly to the medical indemnity fund; requires the medical indemnity fund administrator to notify qualified plaintiffs which costs are qualifying health care costs to be paid from the fund and which are not within a reasonably prompt period of time.
Last Action
print number 10301a
5/22/2024