New York A 3801: Requires the department of financial services publish a report on long-term care insurance rates

Bill Text

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A03801 Summary:

BILL NOA03801 

&nbsp

SAME ASSAME AS S05723

&nbsp

SPONSORWeprin

&nbsp

COSPNSRJones

&nbsp

MLTSPNSR

&nbsp

Add §204, Ins L

&nbsp

Requires the department of financial services publish a report on long-term care insurance rates including historical rates and the dates and amounts of any rate changes.

Go to top A03801 Actions:

BILL NOA03801 

&nbsp

01/30/2025referred to insurance

01/07/2026referred to insurance

05/20/2026reported referred to ways and means

Go to topA03801 Committee&nbspVotes:

Committee:INSURANCE Chair:Weprin 
DATE:05/20/2026AYE/NAY:22/0 Action: Favorable refer to committee Ways and Means WeprinAyeBlankenbushAye

CookExcusedHawleyExcused

LavineAyeGandolfoAye

SteckAyeJensenAye

DilanAyeBlumencranzAye

HunterAyeBendettAye

BronsonAyeChludzinskiAye

ForrestAye

AndersonAye

CruzAye

BoresAye

LunsfordAye

BergerAye

EichensteinAye

KayAye

YegerAye

WiederAye

LeeExcused

Go to topA03801 Floor&nbspVotes:

There are no Assembly votes for this bill in this legislative session.

Go to topA03801 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 3801

 2025-2026 Regular Sessions

 IN ASSEMBLY

 January 30, 2025
 ___________

 Introduced by M. of A. WEPRIN, JONES -- read once and referred to the
 Committee on Insurance

 AN ACT to amend the insurance law, in relation to requiring the depart-
 ment of financial services publish a report on long-term care insur-
 ance rates

 The People of the State of New York, represented in Senate and Assem-
 bly, do enact as follows:

 1 Section 1. The insurance law is amended by adding a new section 204 to
 2 read as follows:
 3 § 204. Report on long-term care insurance plan or policy rates. The
 4 superintendent shall publish a report on the department's website which
 5 shall include, but not be limited to:
 6 1. the long-term care insurance plan or policy rates by all insurers
 7 subject to the provisions of this chapter;
 8 2. the historical long-term care insurance plan or policy rates by all
 9 insurers subject to the provisions of this chapter for the prior ten
 10 years; and
 11 3. the dates and amounts of any changes to such rates.
 12 § 2. This act shall take effect on the ninetieth day after it shall
 13 have become a law.

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD07815-01-5

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