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Lesser Leads Passage Of Long-Term Care Affordability Law


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May 24, 2021
State Senator Matt Lesser (D-Middletown), Chair of the Insurance & Real Estate Committee, led debate during the Senate Session on legislation that will ensure insurance coverage for seniors in Connecticut. Senate Bill 1046, An Act Concerning Long-Term Care, requires the Insurance Commissioner to develop a set list of affordable benefit options for long-term care policies.
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Sky-rocketing long-term care insurance rates are a national crisis and a hardship for families across Connecticut, said Sen. Lesser. This bill closes a critical loophole that allows insurance companies to layer on increase after increase.
SB 1046 puts consumer protections in place to prevent customers from financial harm. The legislation imposes measures on insurers, HMOs and other organizations issuing and selling long-term care insurance, action made necessary by the spiking cost of long-term care insurance for many residents in recent years and decades. L ....

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