Bill > A06229

This bill amends the New York State insurance law to prohibit insurance companies from selling long-term care insurance policies that duplicate existing coverage an insured person already has in place. Specifically, the legislation adds a new subsection to Section 1117 of the insurance law that explicitly prevents insurers from offering a long-term care policy that provides coverage for services or benefits that are already covered by another policy the insured currently has. Long-term care insurance typically covers services like nursing home care, assisted living, or in-home care for individuals who need assistance with daily activities due to age, chronic illness, or disability. The purpose of this bill appears to be preventing redundant insurance coverage and protecting consumers from unnecessarily purchasing duplicate insurance policies. The legislation will take effect immediately upon enactment.

Business and Industry

https://www.nysenate.gov/legislation/bills/2025/A6229