New York A06229 amends the insurance law to prohibit insurers from selling long term health care policies that duplicate existing coverage.

New York A06229 amends the insurance law by adding a new subsection to Section 1117. The amendment prohibits insurers from offering long term health care policies that duplicate coverage already in force for the insured at the time of policy execution. This change aims to prevent policyholders from having overlapping coverage, which could lead to unnecessary costs and confusion. The act takes effect immediately upon enactment.

New York A06229 amends the insurance law to prohibit insurers from selling long term health care policies that duplicate existing coverage.

New York A06229 amends the insurance law by adding a new subsection to Section 1117. The amendment prohibits insurers from offering long term health care policies that duplicate coverage already in force for the insured at the time of policy execution. This change aims to prevent policyholders from having overlapping coverage, which could lead to unnecessary costs and confusion. The act takes effect immediately upon enactment.