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S6699Senate2011-2012 Session

Establishes the New York health insurance exchange study commission

Sponsor James L. SewardSD-51+2 co-sponsorsAffects Finance
Status
In Senate Committee
Insurance
Impact
Pending
Passage
Pending

Bill progress

Step 2 of 7

In committee · Insurance

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Who cares

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Sponsors

Primary sponsor
James L. Seward

Senator · Senate District 51

Chair, Insurance

History

  1. Referred to insurance

Full text

The text isn't available here yet. Check nysenate.gov.

Sponsor's memo

BILL NUMBER:S6699

Title of bill

An act to establish the New York health insurance exchange study commis- sion providing for a study of whether the state should establish and operate a New York health insurance exchange or participate in a regional exchange and specifying requirements to be included in such study; and providing for the repeal of such provisions upon expiration thereof

Purpose

To require a study to fully evaluate the costs associated with creation of a New York Health Insurance Exchange.

Summary of provisions

Section 1. Creates a New York Health Insurance Exchange Commission.

Section 2. Provides for the membership of the Commission.

Section 3. Sets forth the required information which must be considered by the Commission in the conduct of its study.

Section 4. Grants access to records of the relevant Departments to the Commission. Section 5. Allows the Commission to contract with entities necessary to its mission.

Section 6. Allows the members to receive their actual and necessary expenses for their service.

Section 7. Grants the Commission the powers of a legislative committee under the law.

Section 8. Requires the Commission to submit its recommendations no later than August 1, 2012.

Section 9. Provides an immediate effective date but provides for a sunset of the Commission on April 1, 2016.

Existing law

None.

Justification

There has been much debate over the perceived costs and benefits that may or may not result from the establishment of a New York Health Insur- ance Exchange. As part of this debate, rhetoric has clouded what should be a simple and factual inquiry. This legislation seeks to provide a positive framework to study and evaluate in a deliberative and balanced manner the issue of creation of the establishment a Health Insurance Exchange in New York, as well as potential alternatives such as a regional exchange.

Legislative history

New Bill.

Fiscal implications

None to the state.

Local fiscal implications

None.

Effective date

Immediately, provided however that the Commission will be repealed on April 1, 2016.

Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.