New York A 7685: Provides that health insurance contracts and policies for long term care shall be renewable unless there is nonpayment of premiums

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A07685 Summary:

BILL NOA07685 

&nbsp

SAME ASNo Same As

&nbsp

SPONSORCook (MS)

&nbsp

COSPNSRLevenberg

&nbsp

MLTSPNSRColton

&nbsp

Amd §1117, Ins L

&nbsp

Provides that health insurance contracts and policies for long term care shall be renewable each year at the option of the insured unless there is nonpayment of premiums.

Go to top A07685 Actions:

BILL NOA07685 

&nbsp

04/04/2025referred to insurance

01/07/2026referred to insurance

Go to topA07685 Committee&nbspVotes:

Go to topA07685 Floor&nbspVotes:

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

Go to topA07685 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 7685

 2025-2026 Regular Sessions

 IN ASSEMBLY

 April 4, 2025
 ___________

 Introduced by M. of A. COOK, LEVENBERG -- Multi-Sponsored by -- M. of A.
 COLTON -- read once and referred to the Committee on Insurance

 AN ACT to amend the insurance law, in relation to the renewal of health
 insurance policies for long term care

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

 1 Section 1. Paragraphs 5 and 6 of subsection (b) of section 1117 of the
 2 insurance law are renumbered paragraphs 6 and 7 and a new paragraph 5 is
 3 added to read as follows:
 4 (5) the plan's provisions, and any contracts or policies issued in
 5 connection with a plan, provide that any contract or policy issued
 6 shall, at the option of the insured, be renewable each year unless the
 7 insured fails to pay the premiums due for such renewal, in which event
 8 the insurer may cancel such contract or policy;
 9 § 2. This act shall take effect immediately.

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD08959-01-5

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