S 159 · 112th Congress · Health
Confidence in Long-Term Care Insurance Act of 2011
Bill Progress
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Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Read twice and referred to the Committee on Finance.(2011-01-25)
Plain Language Summary
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Confidence in Long-Term Care Insurance Act of 2011 - Directs the Secretary of Health and Human Services (HHS) to request the National Association of Insurance Commissioners (NAIC) to: (1) conduct reviews every five years of the national and state-specific markets for long-term care (LTC) insurance policies; (2) issue a white paper on disclosure requirements for LTC insurance policies, standardized definitions for LTC services, and issues related to the development of a proposed form for marketing LTC insurance policies; (3) establish a Working Group to develop a model disclosure form for marketing LTC insurance policies; and (4) incorporate such form into the Model Act and regulation. Sets forth requirements related to the use of the proposed model disclosure form for marketing LTC insurance policies, including requiring states to require issuers to use such forms. Amends the Deficit Reduction Act of 2005 to reauthorize through FY2015 the National Clearinghouse for Long-Term Care Information. Requires the Clearinghouse to establish an Internet directory of information regarding LTC insurance ("to be known as LTC Insurance Compare). Amends title XIX (Medicaid) of the Social Security…
Summarized by Claude AI · Non-partisan · For informational purposes only