Bill > A05746

This bill requires insurance companies, health insurers, and health service plans to submit detailed reports to the New York State Superintendent of Financial Services every two years, demonstrating their compliance with mental health and substance use disorder parity laws. The bill enhances existing reporting requirements by mandating that the Superintendent conduct a comprehensive audit of these reports, which will include examining each submission to determine full compliance with federal and state mental health parity requirements. If the Superintendent finds that an insurer has willfully violated these parity laws, they must provide their findings to the Attorney General, who can then initiate legal action to enforce compliance. The goal of this bill is to ensure that insurance providers are treating mental health and substance use disorder coverage with the same level of attention and financial commitment as they do for other medical conditions, thereby protecting consumers' access to necessary mental health and addiction treatment services.

Business and Industry

https://www.nysenate.gov/legislation/bills/2025/A5746