AN ACT CONCERNING CONSUMER SAFEGUARDS FOR LONG-TERM CARE POLICIES.
SIGNED BY GOVERNOR
Summary
The bill creates an outreach program to teach Connecticut residents about long‑term care needs and insurance options, and it sets new rules for insurers that sell such policies. It forces insurers to meet loss‑ratio thresholds, offer inflation protection, and give policyholders a chance to cancel after large rate hikes. The Attorney General can enforce the rules and seek penalties for violations.
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