Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
ThinkAdvisor

Life Health > Life Insurance > Term Insurance

Pennsylvania LTC Bill Advances

X
Your article was successfully shared with the contacts you provided.

The Pennsylvania House of Representatives has approved a bill to provide new protections for people with long term care insurance, including a right to appeal rejected LTC claims.

The bill, HB 1251, would require LTC carriers to set up an internal review process for contested claims. If the internal review upholds the initial rejection, consumers could then appeal their dispute to an independent review organization approved by the state.

The bill, passed by the House 196-0, was referred to the state Senate Banking and Insurance Committee Mar. 9.


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.