General Assembly Proposed Bill No. 5970
January Session, 2017 LCO No. 1193
*01193*
Referred to Committee on INSURANCE AND REAL ESTATE
Introduced by:
REP. SRINIVASAN, 31st Dist.
General Assembly
Proposed Bill No. 5970
January Session, 2017
LCO No. 1193
*01193*
Referred to Committee on INSURANCE AND REAL ESTATE
Introduced by:
REP. SRINIVASAN, 31st Dist.
AN ACT LIMITING PREMIUM RATE INCREASES FOR LONG-TERM CARE INSURANCE POLICIES.
Be it enacted by the Senate and House of Representatives in General Assembly convened:
That title 38a of the general statutes be amended to limit the amount the premium rate for any long-term care insurance policy may increase over the life of the long-term care insurance policy to ten per cent.
Statement of Purpose:
To limit the amount the premium rate for any long-term care insurance policy may increase over the life of the long-term care insurance policy to ten per cent.