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HF 2312

as introduced - 85th Legislature (2007 - 2008) Posted on 12/15/2009 12:00am

KEY: stricken = removed, old language.
underscored = added, new language.
Version List Authors and Status
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Current Version - as introduced

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A bill for an act
 relating to insurance; protecting certain long-term care insurance policies
from extreme premium increases; amending Minnesota Statutes 2006, section
62S.265, subdivision 1.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1.

Minnesota Statutes 2006, section 62S.265, subdivision 1, is amended to read:


Subdivision 1.

Applicability.

deleted text begin (a) Except as provided in paragraph (b),deleted text end This section
applies to any long-term care policy or certificate issued in this state deleted text begin on or after January
1, 2002,deleted text end under this chapter or sections 62A.46 to 62A.56.

deleted text begin (b) For certificates issued on or after July 1, 2001, under a group long-term care
insurance policy as defined in section deleted text begin 62S.01, subdivision 15deleted text end , issued under this chapter,
that was in force on July 1, 2001, this section applies on the policy anniversary following
June 30, 2002.
deleted text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective the day following final enactment.
 new text end