New York S01081 requires dental insurance plans to automatically carry over up to 25% of unused benefits for the next year.

New York S01081 amends the civil service law to mandate that dental insurance plans automatically carry over up to 25% of an enrollee's unused benefit amount for use in the succeeding year. This change aims to ensure that unused benefits are not lost and can be utilized in future years, potentially enhancing the value of the insurance plan for enrollees. The president is authorized to establish regulations for this carryover, including provisions for retiree participation and separate rating for retiree claims experience. The act takes effect immediately upon enactment.

New York S01081 requires dental insurance plans to automatically carry over up to 25% of unused benefits for the next year.

New York S01081 amends the civil service law to mandate that dental insurance plans automatically carry over up to 25% of an enrollee's unused benefit amount for use in the succeeding year. This change aims to ensure that unused benefits are not lost and can be utilized in future years, potentially enhancing the value of the insurance plan for enrollees. The president is authorized to establish regulations for this carryover, including provisions for retiree participation and separate rating for retiree claims experience. The act takes effect immediately upon enactment.