Long–Term Care Insurance – Premium Rate Increases – Restriction (Equity in Long–Term Care Insurance Premiums Act)
Sponsor: Delegate KramerCommittee: Health and Government OperationsSubject: Insurance - Other than HealthStatus: Unfavorable Report by Health and Government Operations; Withdrawn (as of Nov 1, 2018)
What this bill does
Official synopsis
Prohibiting a carrier from imposing a premium rate increase for a policy or contract of long-term care insurance in a year in which the carrier, or any entity with which the carrier is affiliated, pays a dividend, or comparable payment, to its shareholders or a certain bonus or certain benefit to certain executive officers; etc.
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Testimony (0)
MGA witness listNo witness list on file. It is scraped after hearings are scheduled; check the MGA link above.