Long-term care insurance; premium rate increases, regulations.

Long-term care insurance; premium rate increases; regulations. Requires regulations promulgated by the State Corporation Commission for long-term care insurance rates to (i) provide a cap on premium rate schedule increases; (ii) require any capped premium rate schedule increase to be spread by the insurer over a period of not less than five years, during which time no further rate schedule increases may be requested; and (iii) prohibit additional premium rate schedule increases after prior cumul…

Source: OpenStates · fetched February 12, 2026

• Senior (65+, Medicare/SS)indirectModerate impactHigh certainty

  Seniors may experience more stable and predictable long-term care insurance premium increases over a five-year period, preventing sudden large jumps.

  “Requires regulations promulgated by the State Corporation Commission for long-term care insurance rates to (i) provide a cap on premium rate schedule increases; (ii) require any capped premium rate schedule increase to be spread by the insurer over a period of not less than five years, during which time no further rate schedule increases may be requested; and (iii) prohibit additional premium rate schedule increases after prior cumul…”· Long-term care insurance; premium rate increases; regulations.