MCL - 218-1956-39
Act 218 of 1956
LONG-TERM CARE INSURANCE
| Document | Type | Description |
|---|---|---|
| Section 500.3901 | Section | Long-term care insurance; definitions. |
| Section 500.3901a | Section | Long-term care insurance policies; discrimination against living donors; prohibition; definitions. |
| Section 500.3902 | Section | Offer of long-term care coverage by subsidiary of health care corporation. |
| Section 500.3903 | Section | Group long-term care insurance; coverage offered to groups described in MCL 500.3901(c)(iv) and 500.3901(c)(iii). |
| Section 500.3905 | Section | Long-term care coverage; requirements; certain coverages requiring care recommendations. |
| Section 500.3906 | Section | Designation of person to receive notice of termination; reinstatement of coverage; effective date of section. |
| Section 500.3907 | Section | Individual long-term care policy; guaranteed renewable provision; conversion; new limitation period; intermediate care facility or skilled nursing facility; home care services. |
| Section 500.3908 | Section | Long-term care partnership program policy; conversion or replacement. |
| Section 500.3909 | Section | Option to purchase inflation protection; summary of coverage; applicability of section. |
| Section 500.3910 | Section | Option of purchasing policy or certificate including nonforfeiture benefits; offer. |
| Section 500.3910a | Section | Nonforfeiture benefits; coverage elements, eligibility, benefit triggers, and benefit length; contingent benefit; premium increase; notification; duties of insurer; limitation on maximum benefits; effective date of section; premiums subject to loss ratio requirements; conditions for offering nonforfeiture benefit. |
| Section 500.3910b | Section | Reduction options; applicability of section to long-term care policies and certificates issued on or after June 1, 2007. |
| Section 500.3911 | Section | Preexisting condition; limitation period; definition. |
| Section 500.3913 | Section | Home health care benefits. |
| Section 500.3915 | Section | Certain conditions prohibited. |
| Section 500.3917 | Section | Replacement policy; waiver of time periods applicable to preexisting conditions and probationary periods. |
| Section 500.3919 | Section | Institutionalization; extension of benefits; limitations. |
| Section 500.3921 | Section | Application; questions relating to health condition; delivery; record of policy rescissions; annual report to commissioner. |
| Section 500.3923 | Section | Riders or endorsements; certain changes in benefits or premiums; definition, explanation, description, and labeling of certain terms. |
| Section 500.3925 | Section | Applicability of section to long-term care policy or certificate issued on or after June 1, 2007; information to be provided on forms; acknowledgement of disclosure; notice of premium rate schedule increase; personal worksheet; availability of free and independent insurance purchasing and public benefits counseling. |
| Section 500.3926 | Section | Applicability of section to long-term care policy or certificate issued on or after June 1, 2007; information to be provided to commissioner; premium rate schedule; statement; request by commissioner for actuarial demonstration; additional information. |
| Section 500.3926a | Section | Applicability of section to long-term care policy or certificate issued on or after June 1, 2007; notice of pending premium rate schedule increase; requirements; review and approval by commissioner; eligibility for contingent benefit upon lapse; applicability of subsections to certain policies or certificates; exceptional increases; definitions. |
| Section 500.3927 | Section | Reasonableness of benefits relative to premiums; expected loss ratio; evaluation of factors; applicability of section. |
| Section 500.3928 | Section | Fixed indivisible premium life insurance policy funding long-term care benefits by accelerating death benefit; reasonableness of benefits relative to premiums; provisions. |
| Section 500.3929 | Section | Increasing premiums prohibited; conditions. |
| Section 500.3930 | Section | Acceleration of benefits under group or individual life policies or riders; determination of policy reserves. |
| Section 500.3931 | Section | Rules. |
| Section 500.3933 | Section | Summary of coverage. |
| Section 500.3935 | Section | Statement relating to request for additional information. |
| Section 500.3937 | Section | Shopper's guide; format; providing to applicants; exception. |
| Section 500.3939 | Section | Application; questions relating to other policies in force or use as replacement; agent's list of other policies sold; notice to applicant and existing insurer; appropriateness of recommended purchase or replacement. |
| Section 500.3941 | Section | Advertising; filing copy with commissioner. |
| Section 500.3941a | Section | Inapplicability of section to life insurance policies or riders containing accelerated benefits; development of suitability standards. |
| Section 500.3942 | Section | Marketing; duties of insurer; use of "level premium" or "noncancelable" prohibited; exception. |
| Section 500.3942a | Section | Reporting requirements; agent activities; preparation of report. |
| Section 500.3943 | Section | Right to return policy; notice; “direct response solicitation” defined. |
| Section 500.3945 | Section | Violation; penalty. |
| Section 500.3949 | Section | Life and long-term care benefits; marketing; compliance. |
| Section 500.3951 | Section | Policy summary; compliance with MCL 500.3933; additional provisions; monthly report. |
| Section 500.3953 | Section | Disclosure statement. |
| Section 500.3955 | Section | Compliance with chapter and applicable laws. |