Allows insurance providers and corporations to create and offer reward or incentive programs to eligible members.

New York A04696 amends the insurance law to allow insurance providers and corporations to create and offer reward or incentive programs to eligible members. These programs can support wellness, primary and preventative care, population health, care coordination, case management, disease management, mental health and substance use disorder treatment initiatives, evidenced-based treatment, or quality and cost containment initiatives. The total value of such incentives may not exceed an aggregate average value to the insured of six hundred dollars per year.

Allows insurance providers and corporations to create and offer reward or incentive programs to eligible members.

New York A04696 amends the insurance law to allow insurance providers and corporations to create and offer reward or incentive programs to eligible members. These programs can support wellness, primary and preventative care, population health, care coordination, case management, disease management, mental health and substance use disorder treatment initiatives, evidenced-based treatment, or quality and cost containment initiatives. The total value of such incentives may not exceed an aggregate average value to the insured of six hundred dollars per year.