N.Y. Civil Service Law § 173: Contract for long term care insurance

§ 173. Contract for long term care insurance. 1. The president is

hereby authorized and directed to purchase a contract or contracts to

provide long term care benefits under the long term care insurance plan

established in accordance with the provisions of this article. Such long

term care contract or contracts shall be purchased from one or more

corporations authorized under section one thousand one hundred seventeen

of the insurance law to issue long term care insurance contracts in this

state.

2. A reasonable time before entering into any long term care insurance

contract or contracts hereunder, the president shall invite proposals

from such qualified insurers as in his or her opinion would desire to

accept any part of the long term care insurance coverage authorized by

this article.

3. The president may designate one or more of such corporations as

insurers from which employees may select to provide long term care

insurance.

4. Each employee who is covered under any such long term care

insurance contract or contracts shall receive a certificate setting

forth the benefits to which the employee and his or her dependents are

entitled thereunder, to whom such benefits shall be payable, to whom

claims should be submitted, and summarizing the provisions of the

contract principally affecting the employee and his or her dependents.

5. The president may, at the end of any fiscal year, discontinue any

long term care insurance contract or contracts he or she has purchased

from any corporation or corporations; provided, however, nothing in this

article nor in any regulations promulgated hereunder shall affect or

impair any employees' continuation of coverage or conversion rights with

respect to long term care insurance as defined in the regulations of the

New York state department of financial services.