Filed Under:Health Insurance, Ltci

California Senate Panel OKs LTCI Premium Bill

A.B. 999, an LTCI rate bill, advances in California. (AP Photo/Mark J. Terrill)
A.B. 999, an LTCI rate bill, advances in California. (AP Photo/Mark J. Terrill)

Members of the California Insurance Committee have voted 5-3 to approve Assembly Bill 999, a bill that would affect how long-term care insurance (LTCI) carriers go about increasing rates in California.

The bill would limit the ability of LTCI carriers to take investment returns into account when changing prices on in-force policies.

Featured Video

Most Recent Videos

Prospects not listening to voice mail? Arrange a phone date

Provided by LIFEHEALTHPRO

Redesigning your phone life is more important than finding the “best words” for a voice mail in today’s culture.

Behind the scenes with Vicki Gunvalson [VIDEO]

Provided by LIFEHEALTHPRO

In this exclusive interview, Vicki Gunvalson shares how she built a $15 million a year annuity business by planning for...

Regulator: Market may need to reinvent LTCI

Provided by LIFEHEALTHPRO

Cioppa says Maine's governor wants to spur the creation of better products.

Dementia: It's more than Alzheimer's

Provided by LIFEHEALTHPRO

An association calls for policymakers to remember lesser-known neurodegenerative conditions.

Related resources

More Resources

Comments

Power your business with up-to-the-minute insurance news, analysis, and best practices from LifeHealthPro Daily eNewsletter – FREE.

Power your business with LifeHealthPro Daily eNewsletter – FREE.

Enter a valid email address.
Close
Nichole Morford

Nichole Morford
Managing Editor

Thank you for subscribing to LifeHealthPro Daily!

Check Out More eNewsletters Now! Close

Advertisement. Closing in 15 seconds.