SB 1384 Summary

• Requires long-term care insurance policies and health care service plan contracts offered under the California Partnership for Long-Term Care Program to be categorized as either nursing facility only, home care only, or comprehensive coverage.

• Mandates that policies offering home and community-based services include minimum coverage for residential care facilities, assisted living facilities, home health care, adult day care, personal care, homemaker services, hospice, and respite care.

• Requires all certified policies to offer inflation protection options, including at minimum a 5 percent annual increase in benefits, with applicants offered alternative lower-cost options at time of purchase.

• Establishes a task force until January 1, 2019 composed of state agency representatives to advise on reforms to the Partnership program and explore additional ways to assist consumers with long-term care costs; authorizes use of program funds for task force administration and policy form review.

• Requires insurers and producers to provide applicants a graph comparing premium rates and policy benefits under different inflation protection options at time of application.