CT SB00141

Prohibits "offset provisos" in group health insurance policies providing disability income protection that are delivered, issued, renewed, amended or continued in Connecticut, effective January 1, 2011

Defines an "offset proviso" as any policy provision allowing insurers to reduce liability by reason of cost of living increases in other disability benefits occurring after a claim commences

Requires insurers to disclose in a separate document in at least 14-point bold type whether a group long-term disability policy contains an offset, including how it limits payments and affects Social Security and other benefits

Mandates disclosure of which benefit categories the offset applies to, the percentage of income covered, maximum dollar limits, and at least one example demonstrating how the offset operates

Requires policyholders to provide the required disclosure information and a statement to eligible individuals explaining they may purchase an individual policy without an offset