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H.R.4078 / 111th Congress

Long-Term Care Insurance Disclosure Act of 2009

Referred to the Subcommittee on Health.

Official summary

Version 00 · 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.

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Who introduced it

Rep. Perriello, Thomas S.P. [D-VA-5] · D–VA

Committees

  • Energy and Commerce Committee
0 cosponsorship records, including any withdrawals

    Actions

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    1. Referred to the Subcommittee on Health.

    2. Referred to the House Committee on Energy and Commerce.

    3. Introduced in House

    4. Introduced in House

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