A California state lawmaker is trying to stop the shift to gender-based pricing in the long-term care insurance (LTCI) market.
Assembly Member Mariko Yamada, D-Davis, Calif., has introduced Assembly Bill 1553, a bill that would prohibit gender-based LTCI pricing.
The bill would define LTCI to include a wide range of products, including coverage for nursing home care, personal home care, hospice services or adult care.
The bill also could apply to disability-based long-term care (LTC) policies, but not to major medical coverage or Medicare supplement insurance.