WSR 14-02-074
PREPROPOSAL STATEMENT OF INQUIRY
OFFICE OF
INSURANCE COMMISSIONER
[Insurance Commissioner Matter No. R 2013-29-Filed December 30, 2013, 11:58 a.m.]
Subject of Possible Rule Making: Long-term care policy unintentional lapse notices.
Statutes Authorizing the Agency to Adopt Rules on this Subject: RCW
48.02.060, 48.83.170, and 48.84.030.
Reasons Why Rules on this Subject may be Needed and What They Might Accomplish: Under this rule making the commissioner will consider amendments to existing rules to require issuers of long-term care policies to provide notification to insureds and their designees about important details of the unintentional lapse protections of their long-term care policies.
Other Federal and State Agencies that Regulate this Subject and the Process Coordinating the Rule with These Agencies: None.
Process for Developing New Rule: Submit written comments by February 14, 2014, to Kacy Scott, rulescoordinator@oic.wa.gov, fax (360) 586-3109.
Interested parties can participate in the decision to adopt the new rule and formulation of the proposed rule before publication by contacting Kacy Scott, P.O. Box 40258, Olympia, WA 98504-0258, rulescoordinator@oic.wa.gov.
December 30, 2013
Mike Kreidler
Insurance Commissioner
