New York A 8714: Requires the superintendent of financial services to audit certain reports to ensure such insurers are in full compliance with federal and state mental health and substance use disorder parity requirements

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A08714 Summary:

BILL NOA08714A

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SAME ASSAME AS S09927

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SPONSORSteck

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COSPNSRBrown K, McDonald

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MLTSPNSR

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Amd §343, Ins L

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Requires the superintendent of financial services to audit certain reports to ensure such insurers are in full compliance with federal and state mental health and substance use disorder parity requirements.

Go to top A08714 Actions:

BILL NOA08714A

&nbsp

06/02/2025referred to insurance

01/07/2026referred to insurance

03/20/2026amend and recommit to insurance

03/20/2026print number 8714a

Go to topA08714 Committee&nbspVotes:

Go to topA08714 Floor&nbspVotes:

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

Go to topA08714 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 8714--A

 2025-2026 Regular Sessions

 IN ASSEMBLY

 June 2, 2025
 ___________

 Introduced by M. of A. STECK, K. BROWN -- read once and referred to the
 Committee on Insurance -- recommitted to the Committee on Insurance in
 accordance with Assembly Rule 3, sec. 2 -- committee discharged, bill
 amended, ordered reprinted as amended and recommitted to said commit-
 tee

 AN ACT to amend the insurance law, in relation to requiring the super-
 intendent of financial services to audit certain reports submitted by
 insurers to ensure such insurers are in full compliance with federal
 and state mental health and substance use disorder parity requirements

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

 1 Section 1. Subsection (a) of section 343 of the insurance law, as
 2 added by chapter 207 of the laws of 2019, is amended to read as follows:
 3 (a) (i) Beginning July first, two thousand nineteen and every two
 4 years thereafter, each insurer providing managed care products, individ-
 5 ual comprehensive accident and health insurance or group or blanket
 6 comprehensive accident and health insurance, each corporation organized
 7 pursuant to article forty-three of this chapter providing comprehensive
 8 health insurance and each entity licensed pursuant to article forty-four
 9 of the public health law providing comprehensive health service plans
 10 shall submit to the superintendent, in a form and manner prescribed by
 11 the superintendent, a report detailing the entity's compliance with
 12 federal and state mental health and substance use disorder parity laws
 13 based on the entity's record during the preceding two calendar years.
 14 The superintendent shall publish on the department's website on or
 15 before October first, two thousand nineteen, and every two years there-
 16 after, the reports submitted pursuant to this section. The superinten-
 17 dent shall also publish on the department's website a summary of these
 18 reports to assist stakeholders and the general public in reviewing,
 19 understanding and evaluating any data compiled as part of the audit
 20 process including but not limited to a summary of the data as required

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD09643-02-6

 A. 8714--A 2

 1 by paragraph one of subsection (b) of this section, comparison of the
 2 data provided by each insurer providing managed care products, individ-
 3 ual comprehensive accident and health insurance or group or blanket
 4 comprehensive accident and health insurance, each corporation organized
 5 pursuant to article forty-three of this chapter providing comprehensive
 6 health insurance and each entity licensed pursuant to article forty-four
 7 of the public health law providing comprehensive health service plans
 8 for each, overall ranking for each insurer, major findings, any correc-
 9 tive actions required to be taken, any fines or penalties levied as a
 10 result, and recommendations to enhance compliance with federal and state
 11 mental health and substance use disorder parity laws. The department
 12 shall provide a copy of the report to the governor, the temporary presi-
 13 dent of the senate, the speaker of the assembly, and members of the
 14 legislature.
 15 (ii) The superintendent shall audit each report submitted pursuant to
 16 this section. Such audit shall include, but not be limited to, an exam-
 17 ination of each suc