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state_legiscan_backfill · CT

An Act Concerning Long-term Care Insurance Premium Rates.

February 10, 2025

Summary

If enacted, this bill would permit an income tax deduction for long-term care insurance premiums and mandate that the Connecticut Insurance Department conduct a public hearing for any requested premium rate increases exceeding ten percent. It further requires insurers to provide policyholders with advance notification of these scheduled rate increase hearings.

AI-generated summary · May 21, 2026. Verify with your compliance counsel before acting.

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Source: https://www.cga.ct.gov/asp/cgabillstatus/cgabillstatus.asp?selBillType=Bill&bill_num=SB01278&which_year=2025

Common questions

What does "An Act Concerning Long-term Care Insurance Premium Rates." cover?
If enacted, this bill would permit an income tax deduction for long-term care insurance premiums and mandate that the Connecticut Insurance Department…
When was it published?
It was published on February 10, 2025.

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