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Bill > A10218
NY A10218
NY A10218Makes permanent certain provisions of law relating to catastrophic or reinsurance coverage issued to certain small groups.
summary
Introduced
02/12/2026
02/12/2026
In Committee
02/12/2026
02/12/2026
Crossed Over
Passed
Dead
Introduced Session
2025-2026 General Assembly
Bill Summary
AN ACT to amend chapter 589 of the laws of 2015, amending the insurance law relating to catastrophic or reinsurance coverage issued to certain small groups, in relation to the effectiveness thereof; and to amend chapter 588 of the laws of 2015, amending the insurance law relating to catastrophic or reinsurance coverage issued to certain small groups, in relation to the effectiveness thereof
AI Summary
This bill makes permanent certain provisions of New York law that relate to catastrophic or reinsurance coverage for small groups, meaning that these provisions will no longer have a set expiration date. Specifically, it amends two previous laws from 2015 (chapters 589 and 588) that established these provisions. The key change is the removal of language that would have caused these laws to be repealed after thirteen years, ensuring their continued effectiveness indefinitely. This action aims to provide ongoing stability and availability of this type of insurance coverage for small businesses.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
referred to insurance (on 02/12/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.nysenate.gov/legislation/bills/2025/A10218 |
| BillText | https://assembly.state.ny.us/leg/?default_fld=&bn=A10218&term=2025&Summary=Y&Actions=Y&Text=Y&Committee%26nbspVotes=Y&Floor%26nbspVotes=Y#A10218 |
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