Vote: Floor vote
NY SenateJun 2, 2026Result: passed
(55) (6) (0) (2)
Senate bill · S9517 (2025-26)
Relates to notifying an insured of a rate filing increase or decrease for long term care
Latest action Jun 2, 2026
New York State Senate
Same as A10746, the matching bill in the Assembly.
Summary
Relates to notifying an insured of a rate filing increase or decrease for long term care; provides such notification shall include instructions on how to submit comments on such rate filing.
Summary from NY Open Legislation. How we handle summaries
Amends the Insurance Law.
From NY Open Legislation, the NY Senate and Assembly, and official rosters. This record was last updated Oct 23, 2026. About our data
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Purpose, from the sponsor's memo
Section 1 amends subparagraph 0 of paragraph 6 of subsection b of section 1117 of the insurance law and adds a new subparagraph 0-1 to require long term care insurance providers to provide prospective insureds with a statement that if the provider seeks to increase or decrease premium rates, the Department of Financial Services will post notice of the rate filing on its website prior to any determination, and the provider will send notification of the rate filing to the insured at the time of the filing, along with clear instructions on how to submit comments on the filing to the Department. Section 2 amends subsection i of section 1117 of the insurance law to require long term care insurance providers to send notification of the rate filing to the policy holder at the time of the filing, together with clear instructions on how to submit comments on the rate filing to the Department of Financial Services. Section 3 amends subsection k of section 1117 of the insurance law to require long term care insurance providers to notify policyholders of decisions on rate applications made by the Department no later than ninety days prior to the effective date of an increase or decrease, and amends subsection 1 to add a reference to new subparagraph 0-1 of para- graph six of subsection b. Section 4 provides the effective date.
Filed with the bill. Read it on nysenate.gov (opens in a new tab)
Where it stands
Passed one of the two chambers; it still needs the other.
- Introduced
- In committee
- Up for a vote
- Passed one chamber
- Passed
- Enacted
Committee
Insurance · New York State Assembly
Also referred to Insurance · New York State Senate.
Cosponsors
Showing the cosponsors who are on Agora, A to Z. The official record may list more.
Read on NY Senate (opens in a new tab)- Democratic1
Shown in neutral colors by design; Agora is non-partisan.
The sponsor's argument
Why Shelley Mayer says this is needed
Chapter 655 of the laws of 2023 amended section 1117 of the insurance law to require that certain notices be posted and provided regarding long term care insurance policy changes. Among other provisions, the 2023 law required that the Superintendent of Financial Services post notice of rate filings submitted by long term care insurance carriers on the Department of Financial Service's website within fourteen days of the rate filing. The law also amended section 1117 to require that the insurance carrier provide notice of approval, disapproval, or modifica- tion of the rate filing to the policy holder no later than ninety days prior to the effective date of a premium rate increase. Although notice of rate filings are posted on the Department's website, it is often not until a rate increase is approved and notice of the increase is sent by the carrier to the policy holder that the policy holder becomes aware of the rate increase application, by which time it is too late to weigh in with the Department. This bill would ensure that policyholders are made aware of any rate filing application with sufficient time to provide comments to the Department of Financial Service before any rate increase is approved.
This is the sponsor's own case for the bill, quoted from their memorandum. It is not Agora's description of what the bill does.
Recorded votes
Vote: Committee vote · Insurance
Senate InsuranceApr 20, 2026Result: passed
(10) (1) (0) (0)
Full history
- Jun 2, 2026
Sent to the executive
DELIVERED TO ASSEMBLY
NY Senate
- Jun 2, 2026
Passed a chamber
PASSED SENATE
NY Senate
- May 1, 2026
Amend (t) and Recommit to Insurance
AMEND (T) AND RECOMMIT TO INSURANCE
NY Assembly
- Apr 28, 2026
Amended
AMENDED ON THIRD READING (T) 9517A
NY Senate
- Apr 22, 2026
Advanced to Third Reading
ADVANCED TO THIRD READING
NY Senate
Show full history (4 earlier events)Show less history
- Apr 21, 2026
2ND Report CAL.
2ND REPORT CAL.
NY Senate
- Apr 20, 2026
1ST Report CAL.707
1ST REPORT CAL.707
NY Senate
- Mar 27, 2026
Referred to committee
REFERRED TO INSURANCE
NY Assembly
- Mar 19, 2026
Referred to committee
REFERRED TO INSURANCE
NY Senate