Summary — HB 7183
Title: AN ACT CONCERNING THE REGULATION OF LONG-TERM CARE INSURANCE, REPORTS CONCERNING SUCH INSURANCE AND A LIMITED PERFORMANCE AUDIT OF THE CONNECTICUT PARTNERSHIP FOR LONG-TERM CARE
Purpose / Intent
The bill is intended to increase oversight and reporting related to long-term care (LTC) insurance in Connecticut. It would strengthen regulatory and accountability mechanisms for LTC insurance products and programs, and require a limited performance audit of the Connecticut Partnership for Long-Term Care.
Key provisions (as described in bill title and filing materials)
The full text is not included here. Based on the bill title and legislative metadata, HB 7183 would do one or more of the following:
- Enhance regulation of long-term care insurance (statutory or administrative changes to how LTC insurance is supervised by the Insurance Department).
- Require new or expanded reports concerning LTC insurance to one or more state entities (e.g., Office of Health Strategy, Office of Policy and Management, legislative committees).
- Direct a limited performance audit of the Connecticut Partnership for Long-Term Care to be undertaken (likely by the Auditors of Public Accounts or an authorized auditing body) to evaluate program performance, administration, and outcomes.
Note: Specific statutory changes, reporting deadlines, audit scope, or enforcement mechanisms are not available in the provided materials. For precise language and mandatory requirements, consult the bill text and committee reports.
Who/what would be affected
- Policyholders and prospective purchasers of long-term care insurance in Connecticut (through regulatory changes or reporting-driven oversight).
- Private insurers that sell LTC insurance (compliance, filings, reporting obligations).
- The Connecticut Partnership for Long-Term Care (subject to a limited performance audit).
- State agencies involved in insurance regulation and health policy (Insurance Department, Office of Health Strategy, Office of Policy and Management, Auditors of Public Accounts).
- Potential fiscal impact to state government related to audit costs and administrative workload (details pending fiscal review).
Procedural / Timeline status
- Introduced: March 6, 2025
- Public hearing: March 11, 2025
- Joint favorable substitute reported: March 18, 2025
- Filed with LCO: March 19 and April 15, 2025 (administrative filings)
- Referred by House to Committee on Insurance and Real Estate: April 8, 2025
- Reported out and tabled for House calendar; House Calendar No. 328; File No. 520
- Referred by House to Committee on Appropriations: April 29, 2025
- Office of Legislative Research and Office of Fiscal Analysis were requested to review (referred March 28, 2025)
Potential impacts and issues to watch
- Increased oversight could improve transparency and consumer protections for LTC insurance, but may also raise compliance costs for insurers.
- The audit of the Partnership could lead to policy recommendations or operational changes depending on findings.
- Fiscal effects (audit and administrative costs) are yet to be determined; consult the Office of Fiscal Analysis for a formal estimate when available.
For the exact statutory amendments, reporting schedules, and audit scope, review the bill text and committee reports on the Connecticut General Assembly website or contact the offices listed in the bill metadata.
