New York A05746 mandates audits of insurer reports to ensure compliance with federal and state mental health and substance use disorder parity laws.

New York A05746 requires the superintendent of financial services to audit reports submitted by insurers every two years to ensure compliance with federal and state mental health and substance use disorder parity laws. The superintendent must publish these reports on the department's website. If the superintendent determines that an insurer has violated these parity requirements, they must report their findings to the office of the attorney general, who may then take legal action to enforce compliance. The bill takes effect immediately.

New York A05746 mandates audits of insurer reports to ensure compliance with federal and state mental health and substance use disorder parity laws.

New York A05746 requires the superintendent of financial services to audit reports submitted by insurers every two years to ensure compliance with federal and state mental health and substance use disorder parity laws. The superintendent must publish these reports on the department's website. If the superintendent determines that an insurer has violated these parity requirements, they must report their findings to the office of the attorney general, who may then take legal action to enforce compliance. The bill takes effect immediately.