A legislative committee advanced a bill imposing consumer protections for long-term care insurance policyholders, among other provisions.
long-term care insurance
Posted inPolitics
Long-term care insurance legislation advances
The bill would require CT Insurance Dept. to hold a public hearing when insurers’ rate hike requests exceed 10%, notify lawmakers in advance.
Posted inGovernment
An LTCI bill may die in the House, despite unanimous Senate vote
Sources say lawmakers planned to filibuster the bill after the insurance sector registered its dissent with a public hearing provision in it.
Posted inHealth
CT lawmakers pledged long-term care insurance reform. Will it happen?
CT lawmakers who pledged urgent reform to bring relief to LTCI policyholders are still trying to figure out what changes may move forward.
Posted inGovernment
Government Oversight Committee passes bill with long-term care insurance reforms
The bill that advanced would add protections for purchasers of long-term care insurance and boost transparency around rate hike requests.
Posted inHealth
CT bills aiming to reform long-term care insurance advance
The bills are among at least 16 raised to reform long-term care insurance following a CT Mirror investigation into its skyrocketing costs.
Posted inHealth
CT Aging Committee weighs bill on long-term care insurance
The Aging Committee’s bill, one of at least 14 on the issue, would create a tax deduction and require public hearings for rate increases.
Posted inInvestigations
How CT Mirror investigated the long-term care insurance industry
To investigate the problems in Connecticut’s long-term care insurance industry, CT Mirror staff read through thousands of pages and analyzed hundreds of data points. Here’s how we did it.
Posted inHealth
Policyholders press CT lawmakers for long-term care insurance reform
CT legislators introduced a bill to provide some relief from large rate hikes, but at a hearing, policyholders said it needs to be stronger.
Posted inInvestigations
Legislators to push for reform on long-term care insurance
Following a CT Mirror investigation into skyrocketing long-term care insurance prices, lawmakers said more protections are urgently needed.
Posted inInvestigations
Genworth ties executive pay to rate increases for long-term care insurance
Genworth Financial, which sells coverage in CT, has a business plan that relies heavily on getting what it wants from insurance regulators.
Posted inInvestigations
CT long-term care insurance costs are skyrocketing, strangling consumers
With annual rate hikes often exceeding 50%, coverage is increasingly unaffordable. And as complaints mount, legislative reform has been slow.