Chapter 018

2008 -- H 7724

Enacted 06/06/08

 

A N A C T

RELATING TO INSURANCE -- LONG TERM CARE INSURANCE

          

     Introduced By: Representative Susan A. Story

     Date Introduced: February 26, 2008

   

It is enacted by the General Assembly as follows:

 

     SECTION 1. Section 27-34.2-2 of the General Laws in Chapter 27-34.2 entitled "Long

Term Care Insurance" is hereby amended to read as follows:

 

     27-34.2-2. Scope. -- Long term care insurance is deemed to be accident and health

insurance and is classified as such for the purposes of chapter 34.1 of this title, the Rhode Island

Life and Health Insurance Guaranty Association Act. The requirements of this chapter apply to

policies delivered or issued for delivery in this state, except as provided in section 27-34.2-5. This

chapter is not intended to supersede the obligations of entities subject to this chapter to comply

with the substance of other applicable insurance laws insofar as they do not conflict with this

chapter. Except to the extent expressly provided in this chapter, nothing in any other chapter of

this title, or chapter 62 of title 42, regulating the form, content, or provisions of accident and

health insurance policies, health benefit plans, and Medicare supplement insurance policies, or

the filing and approval of those policies or plans including premium rates, applies to long term

care insurance policies written under and subject to the provisions of this chapter. The benefits

required for long term care insurance shall only be the benefits specified in this chapter and in

regulations promulgated under section 27-34.2-16.

 

     SECTION 2. This act shall take effect upon passage.

     

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LC01884

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