MD SB474 | 2019 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 4 2019 - 25% progression
Action: 2019-02-07 - Hearing 2/27 at 1:00 p.m.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Prohibiting a carrier from imposing a premium rate increase for a policy or contract of long-term care insurance in a year in which the carrier, or any entity with which the carrier is affiliated, pays a dividend, or comparable payment, to its shareholders or a bonus or benefit to any of the executive officers of the carrier or any entity with which the carrier is affiliated that is in addition to the contractually fixed compensation provided to the executive officers for certain services; etc.

Tracking Information

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Title

Long-Term Care Insurance - Premium Rate Increases - Restriction (Equity in Long-Term Care Insurance Premiums Act)

Sponsors


History

DateChamberAction
2019-02-07SenateHearing 2/27 at 1:00 p.m.
2019-02-04SenateFirst Reading Finance

Subjects


Maryland State Sources


Bill Comments

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