2003 House Bill 4280 ↩

House Roll Call 187: Passed

To allow health insurance companies to use a long-term care insurance application form designed to elicit the complete health history of an applicant, and to charge different rates based on age for the same long-term care coverage if the rate differential is based on sound actuarial principles and a reasonable classification system. The bill specifies that revenue from the sale of long term care insurance policies by Blue Cross Blue Shield would be taxable, unlike the companies other insurance lines.