760 Ind. Admin. Code 2-21-2

Current through December 12, 2024

Section 760 IAC 2-21-2 - Opt out

Authority: IC 27-8-31-8

Affected: IC 27-8-31-8

Sec. 2.

(a) The commissioner has balanced, has considered, and finds that the conditions in the state and needs of the citizens of the state outweigh the following factors:

(1) The intent of the legislature to participate in, and the benefits of, an interstate agreement to establish national uniform consumer protections for long-term care uniform standards.

(2) The presumption that long-term care uniform standards adopted by the commission provide reasonable protections to consumers of the long-term care product.

(b) The state hereby opts out of the long-term care uniform standards.

760 IAC 2-21-2

Department of Insurance; 760 IAC 2-21-2; filed Sep 28, 2011, 11:05 a.m.: 20111026-IR-760100661FRA

Readopted filed 11/6/2017, 1:06 p.m.: 20171206-IR-760170354RFA

Readopted filed 11/30/2022, 11:39 a.m.: 20221228-IR-760220302RFA