2011 US Code
Title 5 - Government Organization and Employees
Part III - EMPLOYEES (§§ 2101 - 10210)
Subpart G - Insurance and Annuities (§§ 8101 - 9009)
Chapter 90 - LONG-TERM CARE INSURANCE (§§ 9001 - 9009)
Section 9008 - Administrative functions
View MetadataPublication Title | United States Code, 2006 Edition, Supplement 5, Title 5 - GOVERNMENT ORGANIZATION AND EMPLOYEES |
Category | Bills and Statutes |
Collection | United States Code |
SuDoc Class Number | Y 1.2/5: |
Contained Within | Title 5 - GOVERNMENT ORGANIZATION AND EMPLOYEES PART III - EMPLOYEES Subpart G - Insurance and Annuities CHAPTER 90 - LONG-TERM CARE INSURANCE Sec. 9008 - Administrative functions |
Contains | section 9008 |
Date | 2011 |
Laws in Effect as of Date | January 3, 2012 |
Positive Law | Yes |
Disposition | standard |
Source Credit | Added Pub. L. 106-265, title I, §1002(a), Sept. 19, 2000, 114 Stat. 768. |
Statutes at Large Reference | 114 Stat. 768 |
Public Law Reference | Public Law 106-265 |
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(1) The principal long-term care benefits and coverage available under this chapter, and how those benefits and coverage compare to the range of long-term care benefits and coverage otherwise generally available.
(2) Representative examples of the cost of long-term care, and the sufficiency of the benefits available under this chapter relative to those costs. The information under this paragraph shall also include—
(A) the projected effect of inflation on the value of those benefits; and
(B) a comparison of the inflation-adjusted value of those benefits to the projected future costs of long-term care.
(3) Any rights individuals under this chapter may have to cancel coverage, and to receive a total or partial refund of premiums. The information under this paragraph shall also include—
(A) the projected number or percentage of individuals likely to fail to maintain their coverage (determined based on lapse rates experienced under similar group long-term care insurance programs and, when available, this chapter); and
(B)(i) a summary description of how and when premiums for long-term care insurance under this chapter may be raised;
(ii) the premium history during the last 10 years for each qualified carrier offering long-term care insurance under this chapter; and
(iii) if cost increases are anticipated, the projected premiums for a typical insured individual at various ages.
(4) The advantages and disadvantages of long-term care insurance generally, relative to other means of accumulating or otherwise acquiring the assets that may be needed to meet the costs of long-term care, such as through tax-qualified retirement programs or other investment vehicles.
(Added Pub. L. 106–265, title I, §1002(a), Sept. 19, 2000, 114 Stat. 768.)
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