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Bill

SB 184

AN ACT CONCERNING CONSUMER PROTECTION IN THE LONG-TERM CARE INSURANCE MARKET.

2025 Regular Session Introduced by Tony Hwang

Connecticut bill establishing consumer safeguards for long-term care insurance sales, claims, and policy terms to protect seniors and families.

REF. TO JOINT COMM. ON Insurance and Real Estate
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Bill Summary · SB 184

Legislative bill overview

SB 184 proposes consumer protection measures for the long-term care insurance market in Connecticut. The bill, sponsored by Senator Tony Hwang, was referred to the Joint Committee on Insurance and Real Estate on January 8, 2025. Specific provisions are not detailed in the available information, but the title indicates focus on safeguarding consumers purchasing long-term care insurance policies.

Why is this important

Long-term care insurance is a critical financial product for seniors and their families planning for potential nursing home, assisted living, or in-home care expenses. Without adequate protections, consumers face risks including unclear policy terms, unfair claim denials, premium increases, or policy lapses. Connecticut's action reflects broader national concern about this vulnerable market segment, where consumers often lack expertise to evaluate complex policies.

Potential points of contention

  • Regulatory burden vs. affordability: Enhanced consumer protections may increase compliance costs for insurers, potentially raising premiums for consumers already facing high costs
  • Definition of "consumer protection": Stakeholders may disagree on whether protections should focus on transparency, claims processing standards, rate review limits, or other mechanisms
  • Industry impact: Insurance companies may argue that strict regulations could reduce product availability or incentivize market exit, limiting consumer choice

Compiled from official sources — confirm details with the bill’s official record.

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