New York S 8473: Relates to the Suffolk county water quality restoration act

Status: SUBSTITUTED BY A8993 (as of 2024-05-16)

State: New York · Session: 2023-2024 · Bill: S 8473

Sponsors: Monica Martinez, Anthony H. Palumbo, Dean Murray, Joseph P. Addabbo Jr., Kevin Thomas, Mario Mattera, Pete Harckham, Steve Rhoads

Bill Text

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S08473 Summary:

BILL NOS08473 

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SAME ASSAME AS A09121

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SPONSORMAYER

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COSPNSR

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MLTSPNSR

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Directs the department of health to contract with a qualified entity for a feasibility study and actuarial analysis of long-term services and supports financing and services options.

Go to top S08473 Actions:

BILL NOS08473 

&nbsp

08/08/2025REFERRED TO RULES

01/07/2026REFERRED TO HEALTH

05/12/2026REPORTED AND COMMITTED TO FINANCE

06/03/2026COMMITTEE DISCHARGED AND COMMITTED TO RULES

06/03/2026ORDERED TO THIRD READING CAL.1636

06/03/2026PASSED SENATE

06/03/2026DELIVERED TO ASSEMBLY

06/04/2026referred to ways and means

Go to topS08473 Committee&nbspVotes:

Go to topS08473 Floor&nbspVotes:

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

Go to topS08473 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 8473

 2025-2026 Regular Sessions

 IN SENATE

 August 8, 2025
 ___________

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

 AN ACT directing the department of health to contract with a qualified
 entity for a feasibility study and actuarial analysis of long-term
 services and supports financing and services options

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

 1 Section 1. The department of health is hereby authorized and directed
 2 to contract with a qualified entity for a feasibility study and actuari-
 3 al analysis of long-term services and supports financing and services
 4 options. The study and analysis shall be developed in consultation with
 5 stakeholders and provide projected cost estimates of alternative financ-
 6 ing and service options as well as possible impacts to existing state-
 7 funded programs and services, including, but not limited to, Medicaid-
 8 funded home-based care and hospice programs as well as residential
 9 long-term care programs.
 10 § 2. Such study shall include but not be limited to:
 11 (a) an analysis of public and private long-term care financing
 12 programs that exist in the state, the participation rates for those
 13 programs and any clear gaps that exist including, but not limited to,
 14 gaps in coverage, affordability, participation and any factors relevant
 15 to the design of a public program;
 16 (b) modeling of three public long-term care insurance program options
 17 funded through a payroll deduction, including a front-end, limited dura-
 18 tion program, a limited duration, back-end catastrophic program, and an
 19 unlimited duration program; provided further, that key modeling outputs
 20 shall include estimated program participation rates, program costs, the
 21 distribution of program benefits, the impact on Medicaid expenditures
 22 and any financial and legal risks to the state; provided further, that
 23 sensitivity analysis on key program parameters shall be completed and

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD13577-01-5

 S. 8473 2

 1 include daily benefit amounts, coverage duration, benefit increase
 2 options, form of benefit and premium levels; and
 3 (c) modeling the impact of tax alternatives and other incentives for
 4 the purchase of private long-term care insurance on take-up rates in the
 5 state; provided further, that key outputs shall include the impact on
 6 insurance take-up rates, the sociodemographic profile of individuals
 7 projected to purchase long-term care insurance, program costs and the
 8 impact on Medicaid expenditures.
 9 § 3. The department of health shall prepare a report which shall be
 10 submitted to the governor and to the legislature within one year of the
 11 effective date of this act, containing findings and recommendations.
 12 § 4. This act shall take effect immediately.

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