Bill Text: NY S05218 | 2013-2014 | General Assembly | Introduced

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Bill Title: Relates to rates and payments under the child health insurance plan; provides for determination of contract rates by the superintendent and for adjustment of subsidy payments through March 31, 2014.

Spectrum: Partisan Bill (Republican 2-0)

Status: (Introduced - Dead) 2013-06-20 - SUBSTITUTED BY A7882 [S05218 Detail]

Download: New_York-2013-S05218-Introduced.html

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                           S T A T E   O F   N E W   Y O R K
       ________________________________________________________________________
                                         5218
                              2013-2014 Regular Sessions
                                   I N  S E N A T E
                                     May 14, 2013
                                      ___________
       Introduced  by  Sen.  SEWARD -- read twice and ordered printed, and when
         printed to be committed to the Committee on Insurance
       AN ACT to amend the insurance law and the public health law, in relation
         to the child health insurance plan
         THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
       BLY, DO ENACT AS FOLLOWS:
    1    Section  1.  Subsection  (c)  of section 1120 of the insurance law, as
    2  added by chapter 922 of the   laws  of  1990,  is  amended  to  read  as
    3  follows:
    4    (c)  The duration of such contracts or arrangements, THE RATES OF SUCH
    5  CONTRACTS, and the extent of exposure thereunder  by  insurers,  article
    6  forty-three  corporations  or  health maintenance organizations shall be
    7  determined by the superintendent.
    8    S 2. Paragraph (e) of subdivision 8 of  section  2511  of  the  public
    9  health  law,  as  added  by section 21-a of part B of chapter 109 of the
   10  laws of 2010, is amended to read as follows:
   11    (e) The commissioner shall adjust subsidy payments to approved  organ-
   12  izations  made  on and after April first, two thousand ten THROUGH MARCH
   13  THIRTY-FIRST, TWO THOUSAND FOURTEEN, so that the  amount  of  each  such
   14  payment,  as  otherwise  calculated  pursuant  to  this  subdivision, is
   15  reduced by twenty-eight percent of the amount by which  such  calculated
   16  payment  exceeds  the statewide average subsidy payment for all approved
   17  organizations in effect on April first, two thousand ten. Such statewide
   18  average subsidy payment shall be  calculated  by  the  commissioner  and
   19  shall not reflect adjustments made pursuant to this paragraph.
   20    S 3. This act shall take effect immediately.
        EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                             [ ] is old law to be omitted.
                                                                  LBD10976-01-3