Bill > S04872

This bill amends the general municipal law to enhance transparency and notification requirements for health insurance contracts for retired public employees and their families. Specifically, the bill mandates that public corporations provide written notice at least 45 days before authorizing or approving a health insurance contract or amendment for retired officers, employees, and their families. The notice must include either the full text of the proposed contract with detailed financial information (such as costs to the public corporation and to the covered individuals) or general terms of the contract along with a secure website location where the complete details can be accessed. This applies to contracts negotiated directly by the public corporation or as part of negotiations with a recognized employee organization. The bill aims to ensure that retired public employees and their families are well-informed about potential changes to their health insurance coverage, giving them ample time to review and understand proposed modifications. The changes will apply to any health insurance contracts entered into, renewed, modified, or amended after the bill's effective date.

Government Affairs

https://www.nysenate.gov/legislation/bills/2025/S4872