State of New York Amends Insurance Law (A. 9038)
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Topics: new york, state continuation
The State of New York recently passed an amendment to the Insurance Law that requires insurers to offer both individual and group policy holders the option to cover dependent children through the age of 29. To qualify as “dependent child” status under the new law, a child must be under age 30, unmarried, and live, work, or reside in New York State or the service area of the insurer.
Updated: 9/27/2009 – changed to reflect availability in the WebCOBRA.com system.
This new law does not require an employer, or the “policyholder” under group policies, to extend this dependent coverage; rather, it is the employer’s option to do so.
Effective Date
New York State Amendment 9038 applies to all policies and contracts issued, renewed, modified, altered or amended on or after September 1, 2009. It also permits dependent children whose coverage terminated prior to that date a 12-month period, or until August 31, 2010, to elect prospective coverage.
WebCOBRA
The WebCOBRA.com system will be updated by extending the dependent age limit so New York State plans can enter 29 years, instead of the current maximum of 26 years.
TravisCobra
The TravisCobra system does not currently have a field where you can enter a dependent age limit; however, that field will be added in order to administer this amendment to the New York state Insurance Law more efficiently.
We will update the Blog when each of these features are made available in the systems.
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