Bill > S00661

This bill amends the New York insurance law to prohibit insurers from charging different disability insurance premium rates based on the gender of the insured individuals. Specifically, the legislation prevents insurance companies from setting varying premium prices for individual, group, or blanket disability insurance policies depending on whether the policyholder is male or female. The bill will take effect on January 1st of the year following its passage and will apply to all disability insurance policies that are issued, renewed, modified, altered, or amended on or after that date. By implementing this provision, the bill aims to eliminate gender-based pricing discrimination in disability insurance, ensuring that individuals are not charged different rates solely based on their gender, which could potentially make insurance more equitable and affordable for all policyholders.

Business and Industry

https://www.nysenate.gov/legislation/bills/2025/S661