AN ACT CONCERNING LONG-TERM CARE INSURANCE.
To: (1) Require the Insurance Department to conduct a study concerning an alternative pool for long-term care policyholders; (2) require a public hearing concerning long-term care premium rate increase requests in excess of ten per cent; (3) require notice to individuals of the risk of long-term care premium rate increases prior to the purchase of any long-term care policy; (4) limit premium rate increases for certain long-term care policies renewed in this state; (5) allow life insurance companies to issue annuity contracts with long-term care riders; (6) implement a tax credit for individuals who purchase long-term care policies; and (7) require the Insurance Department to conduct a study of the long-term care premium rate filing process.
Introduced by:
Insurance and Real Estate Committee| New today | 2-4 days old | 5 days & older |
| Text of Bill | |
| File No. 283 [doc] | |
| INS Joint Favorable Substitute [doc] | |
| Raised Bill [doc] |
| Uncalled Amendments | |
| Senate LCO Amendment #10415 (J) [doc] |
| Committee Actions | |
| INS Joint Fav. Rpt | |
| INS Vote Tally Sheet (Joint Favorable Substitute) |
| Fiscal Notes | |
| Fiscal Note for Amendment LCO 10415 (See Fiscal Note Details) | |
| Fiscal Note For File Copy 283 |
| Bill Analyses | |
| Bill Analysis For File Copy 283 |
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Co-sponsors for Amendment LCO:
Bill History
| Date | Action Taken | ||
|---|---|---|---|
| 3/27/2025 | (LCO) | File Number 283 | |
| 3/27/2025 | Senate Calendar Number 184 | ||
| 3/27/2025 | Favorable Report, Tabled for the Calendar, Senate | ||
| 3/27/2025 | (LCO) | Reported Out of Legislative Commissioners' Office | |
| 3/21/2025 | (LCO) | Referred to Office of Legislative Research and Office of Fiscal Analysis 03/26/25 5:00 PM | |
| 3/11/2025 | (LCO) | Filed with Legislative Commissioners' Office | |
| 3/11/2025 | (INS) | Joint Favorable Substitute | |
| 2/7/2025 | Public Hearing 02/11 | ||
| 2/6/2025 | Referred to Joint Committee on Insurance and Real Estate |
Co-sponsors of SB-1269
NOTE: Please direct all inquiries regarding the status of bills to the Office of the House Clerk and/or Senate Clerks' Office.
