Provides for a credit insurance policy for the indemnification of an intended parent for expenses disbursed when either the intended parent or a person acting as surrogate receives in-vitro fertilization or intrauterine insemination treatment that fails and does not result in the birth of a child.
Summary
Bill A03795 amends the insurance law in New York to provide for credit insurance policies that indemnify intended parents for financial losses incurred from failed in-vitro fertilization (IVF) or intrauterine insemination (IUI) treatments. Specifically, it allows intended parents to claim expenses related to failed IVF or IUI, including medical costs, living expenses during treatment, and travel expenses. The bill also updates definitions related to surrogacy and adoption, replacing outdated terms with more inclusive language.
Impact
The bill impacts state insurance laws by introducing provisions for credit insurance related to reproductive technologies. It establishes a new section in the insurance law that mandates insurers to clarify that such credit insurance is not a substitute for comprehensive health insurance. This change aims to provide financial protection for intended parents and enhance the support structure surrounding assisted reproductive technologies.
Sentiment
The sentiment surrounding Bill A03795 is largely positive, as indicated by the unanimous support in committee and on the floor votes, with a final passage vote of 145-4 in the Assembly and 57-0 in the Senate. This suggests a strong bipartisan agreement on the importance of supporting families undergoing IVF and IUI treatments.
Contention
There were minimal points of contention during the discussions surrounding the bill, primarily focusing on ensuring that the language used in the bill is inclusive and accurately reflects the parties involved in surrogacy and adoption processes. The opposition, though limited, expressed concerns regarding the potential financial implications for insurance providers.
Same As
Provides for a credit insurance policy for the indemnification of an intended parent for expenses disbursed when either the intended parent or a person acting as surrogate receives in-vitro fertilization or intrauterine insemination treatment that fails and does not result in the birth of a child.
Provides for a credit insurance policy for the indemnification of an intended parent for expenses disbursed when either the intended parent or a person acting as surrogate receives in-vitro fertilization or intrauterine insemination treatment that fails and does not result in the birth of a child.
Surrogacy; child born via surrogacy required to be relinquished directly to an intended parent, probate courts required to confirm identity of intended parents, State Department of Human Resources authorized to adopt rules
Creates an in vitro fertilization treatment tax credit for up to three cycles of in vitro fertilization treatment for expenses related to treatment for infertility.
Creates an in vitro fertilization treatment tax credit for up to three cycles of in vitro fertilization treatment for expenses related to treatment for infertility.