OFFICE OF FISCAL ANALYSIS

Legislative Office Building, Room 5200

Hartford, CT 06106 (860) 240-0200

http://www.cga.ct.gov/ofa

sHB-5521

AN ACT CONCERNING SHORT-TERM CARE INSURANCE.

OFA Fiscal Note

State Impact: None

Municipal Impact: None

Explanation

The bill adds short term care insurance as a new type of health insurance coverage and requires the Insurance Commissioner to adopt regulations concerning short term care insurance policies. It is anticipated that the Insurance Department will be able to accomplish this with existing expertise, resulting in no fiscal impact to the Department.

The Out Years

State Impact: None

Municipal Impact: None