A 10746 New York Assembly · 2025 Regular Session

Relates to notifying an insured of a rate filing increase or decrease for long term care

Summary

Relates to notifying an insured of a rate filing increase or decrease for long term care; provides such notification shall include instructions on how to submit comments on such rate filing.

Bill status in committee 1 of 4 stages cleared

Introduction

Mar 2026

Committee Review

Floor Vote

Governor

Introduced Mar 27, 2026 Last action May 1, 2026

Maddy AI version diff · 1 comparison

What changed between versions

A10746 → A10746A · 3 edits

MINOR

This bill expands consumer notification rights for long-term care insurance by requiring insurers to inform policyholders about both rate increases and decreases. It also updates the legal requirements for when and how these notifications must be sent to ensure consumers are aware of premium changes before they take effect.

Scope change

The bill's scope was expanded to include notifications for rate decreases, whereas the previous version only required notifications for rate increases.

REQUIREMENT

Added a requirement for insurers to notify policyholders when seeking to decrease premium rates, in addition to the existing requirement for rate increases.

Updated the legal text to mandate that notification of rate filing or application be sent to the policy holder regardless of whether the rate is being increased or decreased.

Amended the notification timeline to require that policyholders be informed of approval or modification decisions no later than ninety days prior to the effective date of any premium rate increase or decrease.

Floor votes

How they voted

No floor votes recorded yet.

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Amendments

May 1, 2026

Lower · Passed

PRINT NUMBER 10746A

lower

May 1, 2026

Lower · Passed

AMEND (T) AND RECOMMIT TO INSURANCE

lower

Mar 27, 2026

Committee

REFERRED TO INSURANCE

lower

1 primary · 0 co-sponsors