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NY S09169

Bill

Status

Introduced

2/10/2026

Primary Sponsor

Cordell Cleare

Click for details

Origin

Senate

2025-2026 General Assembly

AI Summary

  • Creates a managed long term care high acuity stabilization pool of up to $50 million for state fiscal year beginning April 1, 2026

  • Eligible plans must demonstrate high performance on quality measures and serve disproportionately high shares of members with complex long term care needs or high service utilization

  • Payments limited to plans with medical loss ratios exceeding a commissioner-established threshold (not to exceed 92%) and can only offset costs above that threshold, not increase profit margins

  • Commissioner of health authorized to establish criteria, methodologies, quality standards, acuity benchmarks, and reporting requirements for fund distribution

  • Pool payments cannot be incorporated into base premium rates and do not create an entitlement; intended as supplemental and transitional, not replacing actuarially sound rate-setting obligations

Legislative Description

Establishes the managed long term care high acuity stabilization pool to support managed long term care plans that demonstrate high performance on quality measures established by the department and serve a disproportionately high share of members with complex long term care needs or high service utilization.

Last Action

REFERRED TO FINANCE

2/10/2026

Committee Referrals

Finance2/10/2026

Full Bill Text

No bill text available