|
Bulletin 98-4
BULLETIN
TO: All Insurers Transacting Long Term Care Insurance Business
in Kentucky
FROM: George Nichols III
Commissioner of Insurance
DATE: April 20, 1998
RE: 1998/2000 Consumer Guide to Long Term Care Insurance
KRS 304.14-560 requires this
Department to prepare and distribute a Consumers’ Guide to Long Term
Care Insurance. The purpose of the guide is to improve the ability
of the public to understand long term care, and well as to educate
the public on the availability of long term care
insurance.
The General Information Form must be
completed by all insurers receiving this Bulletin. A Policy
Comparison Form should be completed for each approved long term care
policy your company proposes to sell in Kentucky during 1998 through
2000. Responses from the Policy Comparison Form will be included in
the final guide.
KRS 304.14-560 provides that the cost
of the guide shall be paid in assessments on insurers writing long
term care insurance in Kentucky. Assessment letters will be sent to
you when the guide is completed.
Your continued cooperation in this effort is
appreciated.
|
