Top bodies at the National Association of Insurance Commissioners (NAIC) have put three items related to private long-term care insurance (LTCI) on their agenda for the NAIC’s upcoming fall meeting.
The NAIC’s executive committee and its plenary — a body that includes all voting NAIC members — plan to consider adopting the widely discussed Long-Term Care Premium Rate Increase Model Bulletin at a joint session Dec. 18.
Sandy Praeger of Kansas is in charge of the rate increase bulletin proposal.
The executive committee and the plenary also plan to consider adopting a stand-alone long-term care blank for the Market Conduct Annual Statement and a separate market conduct blank for hybrid long-term care products.
Sharon Clark of Kentucky is handling the LTC blank measures.