- Associated Press - Tuesday, January 14, 2014

RICHMOND, Va. (AP) - The State Corporation Commission is reviewing rules governing long-term care insurance to determine whether revisions are needed.

The SCC said Tuesday that it is seeking public comment on the rules.

Comments and suggestions also are being sought on a recent report by the SCC’s Bureau of Insurance.

The report identified reasons why rates have increased for many policyholders in recent years.

The SCC says in a news release that it directed the Bureau of Insurance to study premium rate increases since 2009.

Sign up for Daily Newsletters

Manage Newsletters

Copyright © 2020 The Washington Times, LLC.

Please read our comment policy before commenting.


Click to Read More and View Comments

Click to Hide