H.R. 4078 · 111th Congress
Long-Term Care Insurance Disclosure Act of 2009
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Never voted on. It didn't reach a floor vote before the 111th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
No cosponsors.
Long-Term Care Insurance Disclosure Act of 2009 - Directs the Secretary of Health and Human Services (HHS) to develop a national model disclosure form for marketing long-term care insurance policies.
What it does: CRS summary · Introduced in House · Nov 16, 2009
Long-Term Care Insurance Disclosure Act of 2009 - Directs the Secretary of Health and Human Services (HHS) to develop a national model disclosure form for marketing long-term care insurance policies. Sets minimum requirements for such form, including that it: (1) use standard, plain language for purposes of explaining covered services and benefits and restrictions; (2) use standard, consistent definitions for coverage of services and benefits; (3) provide for a standard, consistent disclosure of key provisions, such as monthly premiums, the maximum daily or monthly benefit, and the extent to which benefit amounts will be adjusted for inflation; and (4) have a standard, consistent format with respect to font, color, and type size to allow for easy comparison and not exceed one single-sided page.
Requires the Secretaries of the Treasury and HHS to promulgate regulations requiring issuers of qualified long-term care insurance contracts to use such form for marketing such contracts.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Long-Term Care Insurance Disclosure Act of 2009
Latest action (Nov 17, 2009): Referred to the Subcommittee on Health.
Policy area: Health · Origin: House · Introduced: Nov 16, 2009
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.