CT SB00435 | 2023 | General Assembly
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 18 2023 - 25% progression, died in committee
Action: 2023-01-18 - Referred to Joint Committee on Insurance and Real Estate
Pending: Joint Insurance and Real Estate Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 18 2023 - 25% progression, died in committee
Action: 2023-01-18 - Referred to Joint Committee on Insurance and Real Estate
Pending: Joint Insurance and Real Estate Committee
Text: Latest bill text (Introduced) [PDF]
Summary
To: (1) Evaluate an alternative pool for long-term care policy holders in excess of twenty years; (2) require that the Insurance Department hold a public hearing for long-term care premium rate increase requests that exceed ten per cent; and (3) require that long-term care insurers provide potential policyholders with explicit notice, prior to the purchase of long-term care insurance policies, of the high risk of future premium rate increases.
Title
An Act Concerning The Regulation Of Premium Rates On Long-term Care Insurance Policies.
Sponsors
| Sen. Tony Hwang [R] |
History
| Date | Chamber | Action |
|---|---|---|
| 2023-01-18 | Senate | Referred to Joint Committee on Insurance and Real Estate |
Connecticut State Sources
| Type | Source |
|---|---|
| Summary | https://www.cga.ct.gov/asp/cgabillstatus/cgabillstatus.asp?selBillType=Bill&bill_num=SB00435&which_year=2023 |
| Text | https://www.cga.ct.gov/2023/TOB/S/PDF/2023SB-00435-R00-SB.PDF |
