Legislation
- Title
- Long-Term Care Insurance - Contingent Benefit Upon Lapse - Application
- Sponsored by
- Chair, Finance Committee (By Request - Departmental - Maryland Insurance Administration)
- Status
- Approved by the Governor - Chapter 107
- Analysis
- Fiscal and Policy Note (Revised)
Synopsis
Altering the application of certain provisions of law requiring a carrier to provide to an insured under a policy or contract of long-term care insurance a certain contingent benefit upon lapse under certain circumstances by applying the provisions only to policies or contracts of long-term care insurance issued or delivered in the State before April 1, 2003, for which rate increase filings have been approved by the Maryland Insurance Commissioner on or after June 1, 2019.
Committees
Details
Bill File Type: Pre-Filed
Effective Date(s): June 1, 2019
By Request of the Governor
History
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File Code
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Subjects
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Statutes
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(
18-116.1 )
Last Updated: 2/3/2020 2:32 PM