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Bill > S07075


NY S07075

NY S07075
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
05/27/2021
In Committee
05/27/2021
Crossed Over
Passed
Dead
12/31/2022

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 amends the insurance law to require insurers, including health maintenance organizations (HMOs) and other corporations, 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 expands the current requirement, which only covers hospital or medical expenses, to also include pharmaceutical expenses.

Committee Categories

Business and Industry

Sponsors (1)

Last Action

SUBSTITUTED BY A3516 (on 06/09/2021)

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