New York S09517 mandates insurers to notify policyholders of rate changes for long-term care, including comment submission instructions.
New York S09517 amends the insurance law to require insurers, corporations, health maintenance organizations, or fraternal benefit societies to notify policyholders and certificate holders of any premium rate changes for long-term care at least ninety days before the change takes effect. The notification must include a description of the rate change and instructions on how to submit comments on the rate filing to the department through various means.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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