‘Resolve, Directing the Bureau of Insurance To Study Issues Related to Long-term Care Insurance’
| HP0121 LD 146 |
Session - 126th Maine Legislature C "A", Filing Number H-211, Sponsored by
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LR 608 Item 2 |
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| Bill Tracking, Additional Documents | Chamber Status | ||
Amend the bill by striking out the title and substituting the following:
‘Resolve, Directing the Bureau of Insurance To Study Issues Related to Long-term Care Insurance’
Amend the bill by striking out everything after the title and before the summary and inserting the following:
‘Sec. 1. Bureau of Insurance evaluation of long-term care insurance; report. Resolved: That the Department of Professional and Financial Regulation, Bureau of Insurance shall study issues related to long-term care insurance, including, but not limited to, methods to stabilize rates and prevent unfair discrimination based on gender or other factors. In conducting the evaluation, the bureau shall consult with stakeholders, including, but not limited to, members and staff of the Joint Standing Committee on Insurance and Financial Services and representatives of long-term care insurers, insurance producers, nursing home providers, individual consumers and advocacy organizations for senior citizens and retired persons. The bureau shall also consult with the National Association of Insurance Commissioners for information on the experience of other states. On or before February 1, 2014, the bureau shall submit a report based on its evaluation of long-term care insurance and any suggested legislation to the Joint Standing Committee on Insurance and Financial Services. The joint standing committee may submit a bill based on the report to the Second Regular Session of the 126th Legislature.’
SUMMARY
This amendment replaces the bill with a resolve directing the Department of Professional and Financial Regulation, Bureau of Insurance to study issues related to long-term care insurance, including, but not limited to, methods to stabilize rates and prevent unfair discrimination based on gender or other factors. The resolve requires the bureau to submit a report to the Joint Standing Committee on Insurance and Financial Services by February 1, 2014 and authorizes the committee to submit a bill based on the report to the Second Regular Session of the 126th Legislature.