LONG TERM CARE INSURANCE-STUDY

Amends the Department of Insurance Law of the Civil Administrative Code of Illinois. Requires the Department of Insurance, the Department on Aging, and the Department of Central Management Services to conduct a study concerning the failure of Illinois residents to purchase long-term care insurance. Requires those departments to take steps to encourage the purchase of long-term care insurance through the private sector. Requires CMS to encourage State employees to purchase the optional long-term care insurance coverage offered by the Department. Requires the departments to report annually to the Governor and the General Assembly. Effective immediately.