(1) The Insurance Commissioner shall issue rules for long-term care insurance to:(1) Promote premium adequacy;(2) Protect the policyholder in the event of substantial rate increases; and(3) Establish minimum standards for:(A) Marketing practices;(B) Agent compensation;(C) Agent testing;(D) Penalties; and(E) Reporting practices.
(1) Promote premium adequacy;
(2) Protect the policyholder in the event of substantial rate increases; and
(3) Establish minimum standards for:(A) Marketing practices;(B) Agent compensation;(C) Agent testing;(D) Penalties; and(E) Reporting practices.
(A) Marketing practices;
(B) Agent compensation;
(C) Agent testing;
(D) Penalties; and
(E) Reporting practices.