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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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.