A00345

Type: B Origin: Assembly New York Comments: 0

Requires The Superintendent Of Financial Services To Make Public Any Rate Filing Or Application Submitted By Long Term Care Insurance Carriers; Requires Certain Notices Be Provided To Policyholders And Certificate Holders Regarding Premium Rate Increases.

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The bill mandates the Superintendent of Financial Services to disclose all rate filings or applications from long-term care insurance carriers to the public. It also necessitates that policyholders and certificate holders receive specific notifications about any premium rate hikes. This aims to enhance transparency in the long-term care insurance industry and ensure consumers are informed about changes in their premiums.

Bill Activity

2023-01-06: referred to insurance
2023-03-31: amend and recommit to insurance
2023-03-31: print number 345a
2023-05-11: amend and recommit to insurance
2023-05-11: print number 345b
2023-05-17: reported referred to rules
2023-06-05: amend and recommit to rules 345c
2023-06-07: reported
2023-06-07: rules report cal.613
2023-06-07: ordered to third reading rules cal.613
2023-06-10: substituted by s2330b

Overall Bill Rating

0.0

Constitutionality

0.0

Fiscal Responsibility

0.0

Individual Liberties

0.0

Effectiveness & Feasibility

0.0

Societal Impact

0.0

Sponsors (1)

Christopher Burdick (D)

Cosponsors (1)

David Weprin (D)

Text Versions (4)

Introduced Amended Amended Amended

Roll Calls (2):

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