New York S09815 requires insurance companies to deposit a certain percentage of premiums collected but not paid out in prior years for abortion care.

New York S09815 amends the insurance law to require insurance companies to deposit a certain percentage of premiums collected but not paid out in prior years for abortion care to the reproductive health care access fund for use for grants under the reproductive freedom and equity grant program. The bill establishes the reproductive health care access fund and directs the governor to provide for funding in the state budget. The fund will consist of monies received from the deposit of segregated funds pursuant to section three thousand two hundred forty-six of the insurance law.

New York S09815 requires insurance companies to deposit a certain percentage of premiums collected but not paid out in prior years for abortion care.

New York S09815 amends the insurance law to require insurance companies to deposit a certain percentage of premiums collected but not paid out in prior years for abortion care to the reproductive health care access fund for use for grants under the reproductive freedom and equity grant program. The bill establishes the reproductive health care access fund and directs the governor to provide for funding in the state budget. The fund will consist of monies received from the deposit of segregated funds pursuant to section three thousand two hundred forty-six of the insurance law.