S 4328 New York Senate · 2021 Regular Session

Requires the superintendent of financial services to make public any rate filing or application submitted by long term care insurance carriers who propose to raise long term care insurance premiums

Summary
Requires the superintendent of financial services to make public any rate filing or application submitted by long term care insurance carriers who propose to raise long term care insurance premiums; establishes the superintendent shall make such rate filing or application publicly available on the department's website within seven days and shall provide for a process for the public to comment on such rate filing or application for a period of thirty days after the rate filing or application is made publicly available; requires that the superintendent, in making a determination to approve, disapprove, or modify any such filing or application, shall consider the best interests of the policy holders and certificate holders and shall render a decision in writing.
Bill status in committee 1 of 4 stages cleared
Introduction
Feb 2021
Committee Review
Floor Vote
Governor
Introduced Feb 3, 2021 Last action Jan 5, 2022
Floor votes

How they voted

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Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
2
Jan 5, 2022
Committee
REFERRED TO INSURANCE
upper
Feb 3, 2021
Committee
REFERRED TO INSURANCE
upper
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Shelley Mayer
Shelley Mayer
DDemocratic/Working Families
NY
37