120.953 Transparency in Insurance Contracts:
MSSNY will seek legislation and/or regulation that would enforce health insurance plans to clearly and transparently declare what exactly is covered and not covered in each of their plans in a plain, simple and concise summary, with carefully documented exclusions to coverage, in a standardized format to be approved by the New York State Superintendent of Insurance. Also such legislation and/or regulation should state that once these limitations of coverage are outlined they cannot be changed without first notifying the insured of these changes in a timely manner, sufficient enough to allow an insured the ability to change policies without disruption to healthcare coverage. (HOD 2010-260; Reaffirmed HOD 2020)
