The proposed bill, General Assembly Proposed Bill No. 5066, aims to amend title 38a of the general statutes to establish contracted premium rates for long-term care insurance policies. This legislative change is intended to provide clarity and stability in the pricing of long-term care insurance, ensuring that policyholders have a clear understanding of their premium obligations.

The bill does not specify any deletions from current law but focuses solely on the insertion of new legal language that mandates the establishment of these contracted premium rates. The overarching goal is to enhance the regulatory framework surrounding long-term care insurance, thereby protecting consumers and promoting fair pricing practices within the industry.