Requires fiscal notes for bills imposing new or expanded insurance mandates or Medicaid benefits.

New York S08619 mandates that any bill imposing a new mandated insurance benefit or service, expanding an existing mandated insurance benefit or service, or adding, expanding, or requiring coverage of any benefit or service under the Medicaid fee-for-service program must include a fiscal note. This fiscal note must contain an actuarial analysis of the potential impact on insurance premiums. An omission of such fiscal note will invalidate the bill.

Requires fiscal notes for bills imposing new or expanded insurance mandates or Medicaid benefits.

New York S08619 mandates that any bill imposing a new mandated insurance benefit or service, expanding an existing mandated insurance benefit or service, or adding, expanding, or requiring coverage of any benefit or service under the Medicaid fee-for-service program must include a fiscal note. This fiscal note must contain an actuarial analysis of the potential impact on insurance premiums. An omission of such fiscal note will invalidate the bill.