Removes certain provisions in the Louisiana Insurance Code regarding payment by group insurers of lump sum benefits to National Guardsmen activated by the governor or the president of the United States. (gov sig) (EG SEE FISC NOTE GF EX)
Require medical necessity review organizations to notify the commissioner of insurance upon changes in fact or circumstance affecting its qualification for a license. (8/15/10)
Establishes within the Department of Insurance an advisory work group to examine methods to allow an insured under a life insurance policy or the contract holder of an annuity to convert the policy or annuity to a long term care benefit.
Establishes within the Department of Insurance an advisory work group to examine options available to allow an insured under a life insurance policy or the contract holder of an annuity to fund long-term care benefits.