2020 Proposed Charges

The Long-Term Care Insurance (EX) Task Force will:

1. Recognizing the gravity of the threat posed by the current long-term care insurance (LTCI) environment both to consumers and our state-based system of insurance regulation, this Task Force is charged to:
   1. Develop a consistent national approach for reviewing LTCI rates that results in actuarially appropriate increases being granted by the states in a timely manner and eliminates cross-state rate subsidization.
   2. Identify options to provide consumers with choices regarding modifications to LTCI contract benefits where policies are no longer affordable due to rate increases.
   3. Deliver such a proposal to the Executive (EX) Committee by the 2020 Fall National Meeting.
2. Provide periodic reporting to the Long-Term Care Insurance (E/B) Task Force to help ensure coordination between the two task forces on LTCI issues.

Unless otherwise affirmatively extended or modified by the Executive (EX) Committee, the Task Force and its charges will expire Jan. 31, 2021.

2019 Charges

Charge: Recognizing the gravity of the threat posed by the current long-term care insurance environment both to consumers and our state-based system of insurance regulation, the Long-Term Care Insurance (EX) Task Force is charged with developing a consistent national approach for reviewing long-term care insurance rates that result in actuarially appropriate increases being granted by the states in a timely manner, and eliminates cross-state rate subsidization. Identify options to provide consumers choice regarding modifications to long-term care insurance (LTCI) contract benefits where policies are no longer affordable due to rate increases.

Deliver such a proposal to the Executive Committee by the 2020 Fall National Meeting. Provide periodic reporting to the LTCI (B/E) Task Force to help ensure coordination between the two task forces on LTCI issues.

Unless otherwise affirmatively extended or modified by the Executive (EX) Committee, the Task Force and its charges will expire January 31, 2021.