HEARING - U.S. Senate Special Committee on Aging

NAIC LTC ADVISORY COMMITEE
EXPOSURE DRAFT
Table nf Crtpitc
166
LONG-TERM CARE NSURANCE MODEL REGULAT!ON
DECEMBER 7, 1986
Section a Purpose
Section 2. Authority
Section 3. Applicability and Scope
Section 4. Definitions
Section & Policy Definitions and Terms
Section 6. Policy Practices and Provisions
Section 7. Required Disclwure Provisions
Section 8. Requirements for Replacement
Optional Rating Provision
.ectini *. PtI==
The purpose of this regulation is to imiplement (cite section of law which sets
forth the NAIC Long-Term Care Insurance Model Act), to promote the public
interest. to promote the availability of long-term care insurance coverage, to
protect applicants for long-term care insurance as defined from unfair or
deceptive sales or enrollment practices, to facilitate public understanding
and companrson of long-term care insurance coverages, and to facilitate
flexibility and innovation in the development of long-term care insurance.
S&Cinni I Auzthority
This regulation is issued pursuant to the authority vested in the Commissioner
under (cite sections of law enacting the NAIC Long-Term Care Insurance Model
Act and establishing the Cmmissioner's authority to issue regulationsl)