Raised S.B. No. 329
Session Year 2020
 


AN ACT CONCERNING LONG-TERM CARE INSURANCE POLICIES.

To: (1) Require the Insurance Commissioner to develop and disseminate a minimum set of affordable benefit options for individual and group long-term care policies; (2) provide that no insurance company, fraternal benefit society, hospital service corporation, medical service corporation or health care center may exclusively deliver, issue, renew, continue or amend such policies in this state; (3) require the Insurance Commissioner to refer an insurance company, fraternal benefit society, hospital service corporation, medical service corporation or health care center that files a rate filing for a long-term care policy that contains a deliberate or reckless misstatement or omission of fact to the Attorney General for investigation; (4) require each such insurance company, fraternal benefit society, hospital service corporation, medical service corporation or health care center to disclose to insureds the minimum set of affordable benefit options developed by the Insurance Commissioner; and (5) authorize the Attorney General to investigate a rate filing referred to the Attorney General by the Insurance Commissioner and take action to protect and secure compensation for the insured under the long-term care policy that is the subject of such rate filing.

Introduced by:
Insurance and Real Estate Committee

 New today  2-4 days old  5 days & older
   Text of Bill
 Raised Bill [doc]
  Add Notes via cookie to SB-329

Add Notes to SB-329

*NOTE: Add to My Bills and Add Notes are cookie-based functions. If device cookies are cleaned, this information will be lost.

*NOTE: Add to My Bills and Add Notes are cookie-based functions. Browser must accept cookies from cga.ct.gov to function. If browser cookies are cleaned, bills will be lost.

Co-sponsors for Amendment LCO:

Bill History

 Date Action Taken
 3/10/2020(INS)Joint Favorable
 3/5/2020Public Hearing 03/10
 2/27/2020Referred to Joint Committee on Insurance and Real Estate

Co-sponsors of SB-329

NOTE: Please direct all inquiries regarding the status of bills to the Office of the House Clerk and/or Senate Clerks' Office.