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Bill > H1052


MA H1052

Relative to long-term care payment options


summary

Introduced
01/22/2019
In Committee
01/22/2019
Crossed Over
Passed
Dead
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)

bill text


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