LCO No. 2252 1 of 1 General Assembly Proposed Bill No. 505 January Session, 2021 LCO No. 2252 Referred to Committee on INSURANCE AND REAL ESTATE Introduced by: SEN. HWANG, 28th Dist. AN ACT IMPOSING AN ANNUAL CAP ON LONG -TERM CARE INSURANCE PREMIUM RATE INCREASES. Be it enacted by the Senate and House of Representatives in General Assembly convened: That title 38a of the general statutes be amended to impose an annual 1 cap on long-term care insurance premium rate increases. 2 Statement of Purpose: To impose an annual cap on long-term care insurance premium rate increases.