§5078. Rulemaking
The superintendent shall adopt rules to promote premium adequacy, to protect a policyholder and a certificate holder in the event of substantial rate increases and to establish minimum standards for marketing practices, insurance producer compensation, insurance producer education, insurance producer testing, penalties and reporting practices for long-term care insurance. Rules adopted pursuant to this section are routine technical rules as defined in Title 5, chapter 375, subchapter 2‑A. [PL 2007, c. 232, §2 (AMD).]
SECTION HISTORY
PL 1999, c. 292, §2 (NEW). PL 2007, c. 232, §2 (AMD).
Structure Maine Revised Statutes
TITLE 24-A: MAINE INSURANCE CODE
Chapter 68-A: LONG-TERM CARE INSURANCE
24-A §5073. Extraterritorial jurisdiction; group long-term care insurance
24-A §5074. Disclosure standards for long-term care insurance
24-A §5075. Required provisions; prohibitions; loss ratio standards for long-term care insurance
24-A §5075-A. Certification by superintendent
24-A §5076. Incontestability period
24-A §5077. Nonforfeiture benefits
24-A §5081. Producer training requirements
24-A §5082. Long-term Care Partnership Program; availability of qualified policies