No group long-term care insurance coverage may be offered to a resident of this state under a group policy issued in another state unless this state or another state having statutory and regulatory long-term care insurance requirements substantially similar to those adopted in this state determines that the definition of “group long-term care insurance” under § 23-97-304 has been met.
Structure Arkansas Code
Title 23 - Public Utilities and Regulated Industries
Chapter 97 - Long-Term Care Insurance
Subchapter 3 - Long-Term Care Insurance Act of 2005
§ 23-97-305. Requirements for associations
§ 23-97-306. Extraterritorial jurisdiction — Group long-term care insurance
§ 23-97-307. Disclosure and performance standards for long-term care insurance
§ 23-97-308. Preexisting condition
§ 23-97-309. Prior hospitalization or institutionalization
§ 23-97-310. Loss ratio standards
§ 23-97-311. Right to return — Free look
§ 23-97-312. Outline of coverage
§ 23-97-314. Delivery of policy and summary — Disclosures
§ 23-97-315. Acceleration of death benefit
§ 23-97-317. Offer of long-term care or nursing home insurance
§ 23-97-318. Incontestability period
§ 23-97-319. Nonforfeiture benefits