Bill

Bill > A03516


NY A03516

NY A03516
Requires insurers to provide insureds or subscribers with an explanation of pharmaceutical benefits relating to claims under certain accident and health insurance policies.


summary

Introduced
01/27/2021
In Committee
05/25/2021
Crossed Over
06/09/2021
Passed
12/09/2021
Dead
Signed/Enacted/Adopted
12/21/2021

Introduced Session

2021-2022 General Assembly

Bill Summary

AN ACT to amend the insurance law, in relation to requiring insurers to provide insureds or subscribers with an explanation of pharmaceutical benefits relating to claims under certain accident and health insurance policies

AI Summary

This bill requires insurers, including health maintenance organizations, to provide insureds or subscribers with an explanation of benefits form in response to the filing of any claim under a policy or certificate providing coverage for hospital, medical, or pharmaceutical expenses. The bill amends the existing law to include pharmaceutical expenses in the list of expenses that require an explanation of benefits.

Committee Categories

Business and Industry

Sponsors (2)

Last Action

approval memo.68 (on 12/21/2021)

bill text


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