New York 2025-2026 Regular Session

New York Senate Bill S00661 Latest Draft

Bill / Introduced Version Filed 01/08/2025

   
  STATE OF NEW YORK ________________________________________________________________________ 661 2025-2026 Regular Sessions  IN SENATE (Prefiled) January 8, 2025 ___________ Introduced by Sens. GIANARIS, JACKSON -- 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 prohibiting the impo- sition of different rates for premiums for the provision of disability insurance The People of the State of New York, represented in Senate and Assem- bly, do enact as follows: 1 Section 1. The insurance law is amended by adding a new section 3215-a 2 to read as follows: 3 § 3215-a. Disability insurance premium rates. No insurer offering or 4 providing individual, group or blanket disability insurance in this 5 state shall charge or impose different rates for premiums for the 6 provision of such insurance to individuals insured under a policy, on 7 the basis of the gender of the insured or insureds. 8 § 2. This act shall take effect on the first of January next succeed- 9 ing one year after it shall have become a law, and shall apply to poli- 10 cies and contracts issued, renewed, modified, altered or amended on or 11 after such date. EXPLANATION--Matter in italics (underscored) is new; matter in brackets [ ] is old law to be omitted. LBD01616-01-5