New York S 9927: 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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S09927 Summary:

BILL NOS09927 

&nbsp

SAME ASSAME AS A08714-A

&nbsp

SPONSORFAHY

&nbsp

COSPNSRWEBB

&nbsp

MLTSPNSR

&nbsp

Amd §343, Ins L

&nbsp

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 S09927 Actions:

BILL NOS09927 

&nbsp

04/16/2026REFERRED TO INSURANCE

Go to topS09927 Committee&nbspVotes:

Go to topS09927 Floor&nbspVotes:

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

Go to topS09927 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 9927

 IN SENATE

 April 16, 2026
 ___________

 Introduced by Sen. FAHY -- read twice and ordered printed, and when
 printed to be committed to the Committee on Insurance

 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
 21 by paragraph one of subsection (b) of this section, comparison of the
 22 data provided by each insurer providing managed care products, individ-
 23 ual comprehensive accident and health insurance or group or blanket
 24 comprehensive accident and health insurance, each corporation organized
 25 pursuant to article forty-three of this chapter providing comprehensive
 26 health insurance and each entity licensed pursuant to article forty-four

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD09643-03-6

 S. 9927 2

 1 of the public health law providing comprehensive health service plans
 2 for each, overall ranking for each insurer, major findings, any correc-
 3 tive actions required to be taken, any fines or penalties levied as a
 4 result, and recommendations to enhance compliance with federal and state
 5 mental health and substance use disorder parity laws. The department
 6 shall provide a copy of the report to the governor, the temporary presi-
 7 dent of the senate, the speaker of the assembly, and members of the
 8 legislature.
 9 (ii) The superintendent shall audit each report submitted pursuant to
 10 this section. Such audit shall include, but not be limited to, an exam-
 11 ination of each such report submitted by the insurer for the purpose of
 12 determining if such insurer is in full compliance with federal and state
 13 mental health and substance use disorder parity requirements. In addi-
 14 tion, the superintendent shall investigate all credible allegations of
 15 insurer improprieties and noncomplian