Filed Under:Health Insurance, Ltci

NAIC Panel Calls for LTCI Model Rate Stability Updates

A NAIC task force says states should do more to protect LTCI policyholders' wallets. (AP Photo/Henrik Montgomery)
A NAIC task force says states should do more to protect LTCI policyholders' wallets. (AP Photo/Henrik Montgomery)

The Senior Issues Task Force, an arm of the National Association of Insurance Commissioners (NAIC), says the NAIC should update its long-term care insurance (LTCI) model act and model regulation.

The NAIC, Kansas City, Mo., added rate stability provisions to the models in 2000. At least 37 states have adopted those LTCI rate stability revisions, the task force says in a model law development request form.

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Nichole Morford

Nichole Morford
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