Requires the superintendent of financial services to make public any rate filing or application submitted by long term care insurance carriers who propose to raise long term care insurance premiums
Summary
Requires the superintendent of financial services to make public any rate filing or application submitted by long term care insurance carriers who propose to raise long term care insurance premiums; establishes the superintendent shall make such rate filing or application publicly available on the department's website within seven days and shall provide for a process for the public to comment on such rate filing or application for a period of thirty days after the rate filing or application is made publicly available; requires that the superintendent, in making a determination to approve, disapprove, or modify any such filing or application, shall consider the best interests of the policy holders and certificate holders and shall render a decision in writing.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2021
Committee Review
Floor Vote
Governor
Introduced Feb 3, 2021
Last action Jan 5, 2022
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
2
Jan 5, 2022
Committee
REFERRED TO INSURANCE
upper
Feb 3, 2021
Committee
REFERRED TO INSURANCE
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Shelley Mayer
DDemocratic/Working Families
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