summary
Introduced
01/22/2019
01/22/2019
In Committee
01/22/2019
01/22/2019
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
191st General Court
Bill Summary
Relative to long-term care payment options. Financial Services.
AI Summary
This bill amends the existing Massachusetts law on long-term care insurance by requiring that any policy or rider advertised, marketed, or offered as long-term care insurance or nursing home insurance must allow the policyholder or certificate holder, or their representative, to pay any premium due by directly debiting a bank account or using other electronic forms of payment. This change aims to provide more flexible payment options for individuals purchasing long-term care insurance coverage in the state.
Committee Categories
Business and Industry
Sponsors (2)
Last Action
Accompanied a study order, see H5160 (on 12/01/2020)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
---|---|
State Bill Page | https://malegislature.gov/Bills/191/H1052 |
Bill | https://malegislature.gov/Bills/191/H1052.pdf |
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