31A-22-1405 - Restrictions on terms of coverage.
31A-22-1405. Restrictions on terms of coverage.
No long-term care insurance policy may:
(1) be canceled, nonrenewed, or otherwise terminated on the grounds of the age or thedeterioration of the mental or physical health of the insured individual or certificate holder;
(2) contain a provision establishing a new waiting period in the event existing coverage isconverted to or replaced by a new or other form within the same company, except with respect toan increase in benefits voluntarily selected by the insured individual or group policyholder; or
(3) provide coverage for skilled nursing care only or provide significantly more coveragefor skilled care in a facility than coverage for lower levels of care.
Enacted by Chapter 243, 1991 General Session