ConnecticutSB 001872025 Regular SessionSenate

AN ACT CONCERNING THE REGULATION OF PREMIUM RATES ON LONG-TERM CARE INSURANCE POLICIES.

Sponsored By: Tony Hwang (Republican)

Failed

Summary

To: (1) Evaluate an alternative pool for long-term care policyholders in excess of twenty years; (2) require that the Insurance Department hold a public hearing for long-term care premium rate increase requests that exceed ten per cent; and (3) require that long-term care insurers provide potential policyholders with explicit notice, prior to the purchase of long-term care insurance policies, of the high risk of future premium rate increases.

insurance and real estate

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Tony Hwang

    Republican • Senate

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

No roll call votes available for this bill.

Actions Timeline

  1. Referred to Joint Committee on Insurance and Real Estate

    1/8/2025legislature

Bill Text

  • Proposed Bill

    1/8/2025

Related Bills

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