Connecticut 2021 Regular Session

Connecticut Senate Bill SB00209 Compare Versions

Only one version of the bill is available at this time.
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33 LCO No. 967 1 of 1
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55 General Assembly Proposed Bill No. 209
66 January Session, 2021
77 LCO No. 967
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1010 Referred to Committee on INSURANCE AND REAL ESTATE
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1313 Introduced by:
1414 SEN. FORMICA, 20th Dist.
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1818 AN ACT REQUIRING A REVIEW OF THE PREMIUM RATE
1919 ADJUSTMENT PROCESS FOR LONG-TERM CARE INSURANCE
2020 POLICIES.
2121 Be it enacted by the Senate and House of Representatives in General
2222 Assembly convened:
2323
2424 That title 38a of the general statutes be amended to require a review 1
2525 of the rate adjustment process for long-term care insurance policy 2
2626 premiums that has resulted in substantially increased premiums over 3
2727 the preceding two years. 4
2828 Statement of Purpose:
2929 To require a review of the rate adjustment process for long-term care
3030 insurance policy premiums that has resulted in substantially increased
3131 premiums over the preceding two years.