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Bill

SB 1500

Establishes provisions related to long-term care insurance

2026 Regular Session Introduced by Nick Schroer

SB 1500 creates new regulatory requirements for Missouri long-term care insurance products, currently under committee review.

Second Read and Referred S Insurance and Banking Committee
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Bill Summary · SB 1500

Legislative bill overview

SB 1500 establishes new provisions governing long-term care insurance in Missouri. The bill is currently in the early stages of the legislative process, having been referred to the Senate Insurance and Banking Committee for review after its second reading.

Why is this important

Long-term care insurance affects millions of Missourians planning for potential nursing home, assisted living, or in-home care expenses. The specific provisions in this bill—once publicly detailed—could influence insurance affordability, coverage standards, consumer protections, or how insurers price and deliver long-term care policies in the state.

Potential points of contention

  • Premium stability and rate increases: Whether the bill adequately protects consumers from steep premium hikes after policies are purchased
  • Coverage standards and limits: Questions about what services must be covered, benefit maximums, and elimination periods that could affect both insurers' profitability and consumers' access to care
  • Consumer disclosures: How much information insurers must provide upfront regarding policy terms, exclusions, and potential costs over time

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

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