Makes permanent certain provisions of law relating to catastrophic or reinsurance coverage for small groups.

This bill amends the insurance law to make permanent certain provisions related to catastrophic or reinsurance coverage for small groups. It modifies sections 5 of chapters 589 and 588 of the laws of 2015, ensuring these provisions remain in effect indefinitely. The changes include adjusting the repeal dates to remove the sunset clause, thereby maintaining the current regulations for small group coverage.

Makes permanent certain provisions of law relating to catastrophic or reinsurance coverage for small groups.

This bill amends the insurance law to make permanent certain provisions related to catastrophic or reinsurance coverage for small groups. It modifies sections 5 of chapters 589 and 588 of the laws of 2015, ensuring these provisions remain in effect indefinitely. The changes include adjusting the repeal dates to remove the sunset clause, thereby maintaining the current regulations for small group coverage.