CT HB05363

Prohibits insurance companies, fraternal benefit societies, hospital service corporations, medical service corporations, and health care centers from using gender as a factor in underwriting or rating for individual long-term care insurance policies, effective January 1, 2015.

Applies the same gender-based rating prohibition to group long-term care insurance policies and certificates.

Reorganizes existing long-term care insurance regulations by moving managed residential community claim provisions to new subsections while maintaining all other policy requirements including loss ratio standards and disclosure requirements.

Maintains minimum loss ratio requirements of 60 percent for individual policies and 65 percent for group policies, with rates subject to Insurance Commissioner approval.

All provisions take effect January 1, 2015, and amend sections 38a-501, 38a-528, and 38a-458 of the general statutes.