What's happening
Writing a plain-English summary… Track this bill to get it by email.
Why it matters
Albany, before your first meeting.
Every bill that moved yesterday, summarized in a sentence and ranked by impact. The Albany Scorecard follows on Sundays.
Free. Unsubscribe in one click. Want alerts on specific bills? Create an account.
Who cares
Headline styles
Sponsors
No co-sponsors yet.
History
- Referred to insurance
Companion bill
The same bill in the other chamber. A bill becomes law when one version passes both houses and the governor signs it, so either number can carry it.
Relates to the definition of employer for purposes of group health insurance
In Assembly Committee · Insurance · Sponsor Joseph Morelle
Full text
The text isn't available here yet. Check nysenate.gov.
Sponsor's memo
BILL NUMBER:S7311
Title of bill
An act to amend the insurance law, in relation to the definition of employer for group health insurance
Purpose
To expand participation in group accident and health insurance by municipal employers.
Summary of provisions
Section 1 of the bill amends Section 4235 (d) to expand the definition of "employer" to include public benefit corporations.
Section 2 of the bill establishes the effective date.
Existing law
Current law defines "employer" as including any municipal corporation, or the proper officers, as such, of any unincorporated municipality, or any department of such corporation or municipality determined by conditions pertaining to the employment. Furthermore, current law does not permit municipal employers or public benefit corporations with less than 50 employees to join a multi-employer trust without affecting the trust's status as experience rated.
Justification
Article 42 establishes multi-employer trusts to provide a mechanism for employers to band together to collectively purchase health insurance and prescription drug coverage at a reasonable rate, for their covered employees and retirees. Public Benefit Corporations and municipal corporations with less than 50 employees have expressed interest in joining multi-employer trusts. Since these employers are supported with public funds it seems prudent to allow them to join with other employers as a means of purchasing lower cost health insurance for their employees.
Legislative history
New bill.
Fiscal implications
None to State.
Effective date
120 days after it shall have become a law.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.