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Jan 27

Michigan Long Term Care Initial and Continuing Education Training Update

Effective February 22, 2016, Michigan House Bill 4836 implements the Long Term Care Partnership Program and revises training requirements for those selling, soliciting, or negotiating long term care insurance.

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Jan 1

Certain items no longer required to provide applicants, DOI in California

California has repealed items required to be provided to applicants of long-term care insurance at the time of solicitation and items previously required to be provided to the DOI.

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Dec 28

NH issues new rule on returning premiums

New Hampshire has reduced the number of days a producer has to return premium held in trust until remittance to the client from 45 days to 15 days from the date the premium is determined returned by the carrier.

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Dec 28

New York Long Term Care Partnership Amounts for 2016

The New York Partnership for Long Term Care has published the new minimum daily benefit amounts for 2016. The minimum daily benefit for nursing home is $294 and the minimum daily benefit for home care is $147.

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