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HB 5328

AN ACT CONCERNING LONG-TERM CARE INSURANCE.

2025 Regular Session Introduced by Matt Blumenthal and 1 co-sponsor

Connecticut bill HB 5328 regulates long-term care insurance to protect consumers, affecting nursing home and in-home care coverage affordability and availability.

REF. TO JOINT COMM. ON Insurance and Real Estate
#insurancerates #longtermcareinsurance
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Bill Summary · HB 5328

Legislative bill overview

HB 5328 is a Connecticut bill addressing long-term care insurance regulations and consumer protections. The bill has been referred to the Joint Committee on Insurance and Real Estate as of January 16, 2025. Without access to the full bill text, the specific provisions—such as premium rate controls, coverage mandates, consumer disclosure requirements, or tax incentives—cannot be detailed.

Why is this important

Long-term care insurance directly affects Connecticut residents' ability to afford nursing home, assisted living, and in-home care services, which can cost $100,000+ annually. Insurance policy changes impact both current policyholders and those considering purchasing coverage for future care needs, making this legislation relevant to aging populations and family financial planning.

Potential points of contention

  • Premium stability vs. insurer profitability: Regulations limiting rate increases protect consumers but may discourage insurers from offering policies or operating in Connecticut
  • Mandate scope: Requiring broader coverage could improve consumer protection but increase premiums and potentially make policies unaffordable for middle-income residents
  • Pre-existing conditions and underwriting: Balancing accessibility for those with health issues against insurer risk assessment and pricing accuracy

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

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