Filed Under:Health Insurance, Ltci

LTCI prompt-pay bills advance in Washington state

Washington State Capitol (Wikipedia Creative Commons photo)
Washington State Capitol (Wikipedia Creative Commons photo)

Washington state lawmakers have been moving quickly to consider bills that could set new, tougher standards for payment of long-term care insurance (LTCI) claims.

Lawmakers are changing the state's LTCI prompt-pay statute to reflect changes in a model law developed by the National Association of Insurance Commissioners (NAIC).

Members of the state Senate recently voted 49-0 to pass one LTCI prompt-pay bill, S.B. 5216. The House Health Care & Wellness Committee expects to consider the bill in an executive session this week.

Members of the state House passed a companion bill, H.B. 1441, with a 98-0 vote. The Senate Health Care Committee held a hearing on that bill March 18.

Both bills would cut the time an LTCI insurer has to pay a clean claim to 30 days, from 60 days.

The state insurance commissioner also would have to adopt LTCI prompt-payment regulations that include a definition of a "claim" and a definition of "clean claim" based on consideration of the NAIC model standards.

The bill would take effect 90 days after adjournment of the session in which the bill was passed.

Representatives from the American Council of Life Insurers (ACLI) and America's Health Insurance Plans (AHIP) have joined representatives from AARP and the insurance commissioner's office in testifying in support of the bills.

See also:

Featured Video

Most Recent Videos

Behind the scenes with Vicki Gunvalson [VIDEO]


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


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

Dementia: It's more than Alzheimer's


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

Protesters Disrupt WellPoint Annual Meeting


Hecklers call for more disclosures of information about political contributions.

Related resources

More Resources


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.
Nichole Morford

Nichole Morford
Managing Editor

Thank you for subscribing to LifeHealthPro Daily!

Check Out More eNewsletters Now! Close

Advertisement. Closing in 15 seconds.