Connecticut Senate Bill 1269

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Spectrum: Committee Bill
Status: Introduced on February 6 2025 - 25% progression
Action: 2025-02-07 - Public Hearing 02/11
Pending: Joint Insurance and Real Estate Committee
Hearing: Feb 11 Insurance and Real Estate Public Hearing
Text: Latest bill text (Introduced) [PDF]

To: (1) Require the Insurance Department to conduct a study concerning an alternative pool for long-term care policyholders; (2) require a public hearing concerning long-term care premium rate increase requests in excess of ten per cent; (3) require notice to individuals of the risk of long-term care premium rate increases prior to the purchase of any long-term care policy; (4) limit premium rate increases for certain long-term care policies renewed in this state; (5) allow life insurance companies to issue annuity contracts with long-term care riders; (6) implement a tax credit for individuals who purchase long-term care policies; and (7) require the Insurance Department to conduct a study of the long-term care premium rate filing process.

An Act Concerning Long-term Care Insurance.

House Insurance and Real Estate Committee

Date	Chamber	Action
2025-02-07	Senate	Public Hearing 02/11
2025-02-06	Senate	Referred to Joint Committee on Insurance and Real Estate

Type	Source
Summary	https://www.cga.ct.gov/asp/cgabillstatus/cgabillstatus.asp?selBillType=Bill&bill_num=SB01269&which_year=2025
Text	https://www.cga.ct.gov/2025/TOB/S/PDF/2025SB-01269-R00-SB.PDF