CA SB1248

Renames the California Partnership for Long-Term Care Program policy classification from "home care and community-based services policy" to "home care, community-based services, and residential care facility only policy" to clarify coverage includes residential care facilities.

Removes assisted living facility services from the list of required minimum services and deletes associated policy definitions for assisted living and residential care facilities.

Authorizes the department to certify policies with a minimum $100 per day benefit for nursing facilities, residential care facilities, and home care and community-based services if the policy provides a lifetime maximum benefit of at least $73,000.

Requires insurers offering the $100 per day/$73,000 lifetime maximum policy to also offer applicants an alternative policy with a lifetime maximum benefit equal to 365 times 70% of the average daily private pay rate for a nursing facility and a nursing facility per diem benefit of at least 70% of that rate.

Mandates insurers or producers provide applicants with an illustration comparing benefits between the two policy options and a description of available lower-cost options with their respective advantages and disadvantages.