Raised H.B. No. 7226
Session Year 2025
 


AN ACT CONCERNING LONG-TERM CARE INSURANCE AND ELIGIBILITY FOR STATE CONTRACTS.

To: (1) Require a public hearing concerning long-term care premium rate increase requests in excess of ten per cent and insurers to notify policyholders of such hearing; (2) require notice to individuals of the risk of long-term care premium rate increases prior to the purchase of any long-term care policy; (3) require insurers to certify material risk of insolvency during the premium rate filing process; and (4) prohibit any insurer that violates the provisions of this act from entering into state contracts.

Introduced by:
Government Administration and Elections Committee

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Co-sponsors for Amendment LCO:

Bill History

 Date Action Taken
 4/22/2025Referred by House to Committee on Insurance and Real Estate
 4/10/2025(LCO)File Number 650
 4/10/2025House Calendar Number 404
 4/10/2025Favorable Report, Tabled for the Calendar, House
 4/10/2025(LCO)Reported Out of Legislative Commissioners' Office
 4/4/2025(LCO)Referred to Office of Legislative Research and Office of Fiscal Analysis 04/09/25 5:00 PM
 3/27/2025(LCO)Filed with Legislative Commissioners' Office
 3/27/2025(GAE)Joint Favorable
 3/17/2025Public Hearing 03/21
 3/14/2025Referred to Joint Committee on Government Administration and Elections

Co-sponsors of HB-7226

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