218-1956-39 Chapter 39 Long-Term Care Insurance (500.3901...500.3955)

218-1956-39 Chapter 39 Long-Term Care Insurance (500.3901...500.3955)

Section 500.3901 Long-Term Care Insurance; Definitions.
Section 500.3902 Offer of Long-Term Care Coverage by Subsidiary of Health Care Corporation.
Section 500.3903 Group Long-Term Care Insurance; Coverage Offered to Groups Described in Mcl 500.3901(c)(iv) and 500.3901(c)(iii).
Section 500.3905 Long-Term Care Coverage; Requirements; Certain Coverages Requiring Care Recommendations.
Section 500.3906 Designation of Person to Receive Notice of Termination; Reinstatement of Coverage; Effective Date of Section.
Section 500.3907 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 Long-Term Care Partnership Program Policy; Conversion or Replacement.
Section 500.3909 Option to Purchase Inflation Protection; Summary of Coverage; Applicability of Section.
Section 500.3910 Option of Purchasing Policy or Certificate Including Nonforfeiture Benefits; Offer.
Section 500.3910a 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 Reduction Options; Applicability of Section to Long-Term Care Policies and Certificates Issued on or After June 1, 2007.
Section 500.3911 Preexisting Condition; Limitation Period; Definition.
Section 500.3913 Home Health Care Benefits.
Section 500.3915 Certain Conditions Prohibited.
Section 500.3917 Replacement Policy; Waiver of Time Periods Applicable to Preexisting Conditions and Probationary Periods.
Section 500.3919 Institutionalization; Extension of Benefits; Limitations.
Section 500.3921 Application; Questions Relating to Health Condition; Delivery; Record of Policy Rescissions; Annual Report to Commissioner.
Section 500.3923 Riders or Endorsements; Certain Changes in Benefits or Premiums; Definition, Explanation, Description, and Labeling of Certain Terms.
Section 500.3925 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 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 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 Reasonableness of Benefits Relative to Premiums; Expected Loss Ratio; Evaluation of Factors; Applicability of Section.
Section 500.3928 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 Increasing Premiums Prohibited; Conditions.
Section 500.3930 Acceleration of Benefits Under Group or Individual Life Policies or Riders; Determination of Policy Reserves.
Section 500.3931 Rules.
Section 500.3933 Summary of Coverage.
Section 500.3935 Statement Relating to Request for Additional Information.
Section 500.3937 Shopper's Guide; Format; Providing to Applicants; Exception.
Section 500.3939 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 Advertising; Filing Copy With Commissioner.
Section 500.3941a Inapplicability of Section to Life Insurance Policies or Riders Containing Accelerated Benefits; Development of Suitability Standards.
Section 500.3942 Marketing; Duties of Insurer; Use of "Level Premium" or "Noncancelable" Prohibited; Exception.
Section 500.3942a Reporting Requirements; Agent Activities; Preparation of Report.
Section 500.3943 Right to Return Policy; Notice; “Direct Response Solicitation” Defined.
Section 500.3945 Violation; Penalty.
Section 500.3949 Life and Long-Term Care Benefits; Marketing; Compliance.
Section 500.3951 Policy Summary; Compliance With Mcl 500.3933; Additional Provisions; Monthly Report.
Section 500.3953 Disclosure Statement.
Section 500.3955 Compliance With Chapter and Applicable Laws.

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