Bill Text: NY A07539 | 2015-2016 | General Assembly | Introduced


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

Spectrum: Partisan Bill (Democrat 9-0)

Status: (Introduced - Dead) 2016-01-06 - referred to insurance [A07539 Detail]

Download: New_York-2015-A07539-Introduced.html
                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         7539
                              2015-2016 Regular Sessions
                                 I N  A S S E M B L Y
                                     May 18, 2015
                                      ___________
       Introduced  by  M.  of  A. COOK -- Multi-Sponsored by -- M. of A. CLARK,
         COLTON, GOTTFRIED -- read once and referred to the Committee on Insur-
         ance
       AN ACT to amend the insurance law, in relation to prohibiting  duplicate
         coverage relative to long term health care policies
         THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
       BLY, DO ENACT AS FOLLOWS:
    1    Section 1. Section 1117 of the insurance law is amended  by  adding  a
    2  new subsection (h) to read as follows:
    3    (H)  NO  POLICY OF INSURANCE COVERING LONG TERM CARE ISSUED SUBJECT TO
    4  THE PROVISIONS OF THIS SECTION SHALL PROVIDE ANY TYPE OF COVERAGE TO  AN
    5  INSURED WHICH THE INSURED ALREADY HAS IN FORCE AND EFFECT AT THE TIME OF
    6  EXECUTION OF SUCH A POLICY COVERING LONG TERM CARE.
    7    S 2. This act shall take effect immediately.
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD07030-01-5
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