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IntroducedFeb 06, 2025
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Passed Senate
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Passed House
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Signed into Law
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.
Last Action See all actions
Senate • Mar 27, 2025: File Number 283 (LCO)
Latest Bill Text See all bill texts
Senate Calendar: Senate Calendar, Apr 25, 2025
Position: 184
Summary/Bill Text
Sponsors
- Insurance and Real Estate Committeeprimary
- Rep. Gary A. Turcocosponsor
Votes
Actions
- Mar 27, 2025 | Senate
- Reported Out of Legislative Commissioners' Office (LCO)
- Favorable Report, Tabled for the Calendar, Senate
- Senate Calendar Number 184
- File Number 283 (LCO)
- Mar 21, 2025 | Senate
- Referred to Office of Legislative Research and Office of Fiscal Analysis 03/26/25 5:00 PM (LCO)
- Mar 11, 2025 | Senate
- Joint Favorable Substitute (INS)
- Filed with Legislative Commissioners' Office (LCO)
- Feb 07, 2025 | Senate
- Public Hearing 02/11
- Feb 06, 2025 | Senate
- Referred to Joint Committee on Insurance and Real Estate