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NY A07685

Bill

Official Source

Status

Introduced

4/4/2025

Primary Sponsor

Vivian Cook

Click for details

Origin

Assembly

2025-2026 General Assembly

AI Summary

  • Amends Insurance Law section 1117 to add a new provision governing long term care health insurance policy renewals

  • Requires that long term care insurance contracts and policies be renewable each year at the insured's option

  • Limits insurers' ability to cancel coverage, permitting cancellation only when the insured fails to pay premiums due for renewal

  • Takes effect immediately upon enactment

Legislative Description

Provides that health insurance contracts and policies for long term care shall be renewable each year at the option of the insured unless there is nonpayment of premiums.

Last Action

referred to insurance

1/7/2026

Committee Referrals

Insurance4/4/2025

Full Bill Text

No bill text available