state_legiscan_backfill · CT
An Act Concerning Long-term Care Insurance.
February 6, 2025
Summary
If enacted, this bill would regulate long-term care insurance by requiring public hearings for rate increases exceeding ten percent and mandating consumer disclosures regarding premium increase risks prior to purchase. It further authorizes life insurers to issue annuity contracts with long-term care riders, limits certain rate increases, and establishes tax credits for policyholders while tasking the Insurance Department with study requirements.
AI-generated summary · May 21, 2026. Verify with your compliance counsel before acting.
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Common questions
- What does "An Act Concerning Long-term Care Insurance." cover?
- If enacted, this bill would regulate long-term care insurance by requiring public hearings for rate increases exceeding ten percent and mandating consumer…
- When was it published?
- It was published on February 6, 2025.