No group long term care insurance coverage may be offered to a resident of this State under a group policy issued in another state to a group described in Section 38-72-40(5)(d) unless this State or another state having statutory and regulatory long term care insurance requirements substantially similar to those adopted in this State has made a determination that the requirements have been met.
HISTORY: 1988 Act No. 466, Section 5.
Structure South Carolina Code of Laws
Chapter 72 - Long Term Care Insurance Act
Section 38-72-20. Chapter not to supersede other insurance laws; exceptions; applications.
Section 38-72-30. Short title.
Section 38-72-40. Definitions.
Section 38-72-66. Required notice to avoid unintentional cancellations or lapse; reinstatement.
Section 38-72-69. License requirements; training.
Section 38-72-70. Regulations.
Section 38-72-75. Long-term care insurance providers; rate schedules.
Section 38-72-78. Required notice for proposed premium rate increases.
Section 38-72-80. Severability; application of chapter.