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A06305 Summary:

BILL NOA06305
 
SAME ASNo Same As
 
SPONSORSimone (MS)
 
COSPNSRBenedetto, Braunstein, Colton, Gonzalez-Rojas, Hevesi, Hunter, Magnarelli, Otis, Paulin, Peoples-Stokes, Rosenthal, Seawright, Steck, Stirpe, Weprin
 
MLTSPNSRCook, Epstein, Glick, Lupardo, Simon
 
Amd §§7402, 7403 & 7405, add Art 81 §§8101 - 8104, Ins L; amd §72, add §98-e, St Fin L
 
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.
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