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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