3.0.0 5890 2023-01-11T13:21:52Z 2023-01-11T13:21:52Z House H HR 2010-07-28 111 hswm00 Ways and Means Committee House Standing Referred to 2010-07-28T14:00:45Z hsif00 Energy and Commerce Committee House Standing Referred to 2010-07-28T14:00:44Z Confidence in Long-Term Care Insurance Act of 2009 111 1177 S 2009-06-03 Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S6046-6050) Related bill CRS 2010-07-28 Referred to House Ways and Means IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2010-07-28 Referred to the Committee on Energy and Commerce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100-A 9 Library of Congress 2010-07-28 Referred to House Energy and Commerce IntroReferral H11100 2 House floor actions hsif00 Energy and Commerce Committee 2010-07-28 Introduced in House IntroReferral Intro-H 9 Library of Congress 2010-07-28 Introduced in House IntroReferral 1000 9 Library of Congress D000399 Rep. Doggett, Lloyd [D-TX-25] LLOYD DOGGETT D TX 25 N S001145 Rep. Schakowsky, Janice D. [D-IL-9] JANICE SCHAKOWSKY D IL D. 9 2010-07-28 True B000574 Rep. Blumenauer, Earl [D-OR-3] EARL BLUMENAUER D OR 3 2010-07-28 True M000404 Rep. McDermott, Jim [D-WA-7] JIM MCDERMOTT D WA 7 2010-07-28 True J000126 Rep. Johnson, Eddie Bernice [D-TX-30] EDDIE JOHNSON D TX BERNICE 30 2010-07-28 True Health Congressional oversight Consumer affairs Health care costs and insurance Inflation and prices Long-term, rehabilitative, and terminal care Marketing and advertising Medicaid Health 00 2010-07-28 Introduced in House 2010-10-05T19:55:56Z LTC Insurance Reform Act of 2010 - Directs the Secretary of Health and Human Services (HHS) to request the National Association of Insurance Commissioners (NAIC) to conduct reviews every five years of the national and state-specific markets for long-term care (LTC) insurance policies.

Directs the Secretary to request the NAIC to review and describe in a White Paper: (1) disclosure requirements for LTC insurance policies under the Model Act and regulation as well as under state laws; (2) differences in LTC services with respect to service providers and the settings in which services are provided among states, among other things; and (3) key issues to consider in the development of a proposed form for marketing LTC insurance policies.

Directs the Secretary to request the NAIC to establish a Working Group to develop a model disclosure form for marketing LTC insurance policies.

Requires the Secretary of the Treasury to promulgate regulations requiring any issuer of a qualified LTC insurance contract meeting certain criteria, including Medicaid partnership policies, to use the proposed model disclosure form for marketing such contracts.

Requires each state to require any issuer of an LTC insurance policy to use the proposed model disclosure form when marketing it in the state.

Amends the Deficit Reduction Act of 2005 to authorize establishment of an Internet directory of information regarding LTC insurance ("Long-Term Care Insurance Compare") that shall include comparison tools to assist consumers in evaluating LTC insurance policies with different benefits and features and that allow consumers to compare the price, long-term premium stability, and carrier financial strength of such policies.

Amends the Internal Revenue Code to apply Medicaid partnership required model provisions to all tax-qualified LTC insurance contracts.

Outlines a process for secretarial review of 2000 and 2006 model provisions as well as subsequent model provisions with respect to their application to tax-qualified LTC policies and Medicaid partnership policies.

Amends the Deficit Reduction Act of 2005 to require the Secretary of HHS to issue biennial reports to states and Congress on Medicaid LTC insurance partnerships and their impact.

Outlines additional consumer protections for Medicaid partnerships.

Directs the Secretary to report to Congress on whether all LTC insurance policies sold after a certain date should provide annual compound inflation protection.

]]> Long-Term Care Insurance Reform Act of 2010 Display Title Long-Term Care Insurance Reform Act of 2010 Official Title as Introduced To amend the Internal Revenue Code of 1986 and title XIX of the Social Security Act to reform the provision of long-term care insurance. Introduced in House IH Short Titles as Introduced Long-Term Care Insurance Reform Act of 2010 Introduced in House 2010-07-28T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-111hr5890ih/xml/BILLS-111hr5890ih.xml 2010-07-28 Referred to House Ways and Means text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.