New York S04872 requires public corporations to notify retired officers, employees, and their families of health insurance contracts 45 days in.

New York S04872 amends the general municipal law to mandate that public corporations provide written notice to retired officers, employees, and their families 45 days before authorizing or approving a health insurance contract, plan, or amendment. The notice must include either the full text of the proposed contract, plan, or amendment and relevant financial information, or the general terms of the proposed contract, plan, or amendment along with the physical location and web address to a secure website where the covered retired officers, employees, or their family members can obtain the full.

New York S04872 requires public corporations to notify retired officers, employees, and their families of health insurance contracts 45 days in.

New York S04872 amends the general municipal law to mandate that public corporations provide written notice to retired officers, employees, and their families 45 days before authorizing or approving a health insurance contract, plan, or amendment. The notice must include either the full text of the proposed contract, plan, or amendment and relevant financial information, or the general terms of the proposed contract, plan, or amendment along with the physical location and web address to a secure website where the covered retired officers, employees, or their family members can obtain the full.