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A04514 Summary:

BILL NOA04514
 
SAME ASSAME AS S05731
 
SPONSORCook (MS)
 
COSPNSRPeoples-Stokes, Epstein, Colton, Reyes, Sayegh, Darling, Williams
 
MLTSPNSRButtenschon, Davila, Gottfried, Griffin, Hyndman, Simon
 
Amd §1117, Ins L
 
Prohibits insurers from selling policies of insurance which duplicate existing coverage relative to long term health care policies.
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A04514 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          4514
 
                               2021-2022 Regular Sessions
 
                   IN ASSEMBLY
 
                                    February 4, 2021
                                       ___________
 
        Introduced  by  M.  of  A. COOK, PEOPLES-STOKES, EPSTEIN, COLTON, REYES,
          SAYEGH, DARLING, WILLIAMS -- Multi-Sponsored by -- M. of  A.  BUTTENS-
          CHON,  DAVILA,  GOTTFRIED,  GRIFFIN,  HYNDMAN,  SIMON -- read once and
          referred to the Committee on Insurance
 
        AN ACT to amend the insurance law, in relation to prohibiting  duplicate
          coverage relative to long term health care policies
 
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
 
     1    Section 1. Section 1117 of the insurance law is amended  by  adding  a
     2  new subsection (h) to read as follows:
     3    (h)  No  policy of insurance covering long term care issued subject to
     4  the provisions of this section shall provide any type of coverage to  an
     5  insured which the insured already has in force and effect at the time of
     6  execution of such a policy covering long term care.
     7    § 2. This act shall take effect immediately.
 
 
 
 
 
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD08675-01-1
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