BILL NO | A06305 |
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SAME AS | No Same As |
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SPONSOR | Simone (MS) |
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COSPNSR | Benedetto, Braunstein, Colton, Gonzalez-Rojas, Hevesi, Hunter, Magnarelli, Otis, Paulin,
Peoples-Stokes, Rosenthal, Seawright, Steck, Stirpe, Weprin |
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MLTSPNSR | Cook, Epstein, Glick, Lupardo, Simon |
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Amd §§7402, 7403 & 7405, add Art 81 §§8101 - 8104, Ins L; amd §72, add §98-e, St Fin L |
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Creates the health insurance guaranty fund to protect covered individuals against the failure or inability of a health insurer to perform its contractual obligations due to financial impairment or insolvency. |