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Alabama Updates MediGap, LTC Insurance Regulations

Wed, 12/13/2000 - 1:00am — Karen Stevenson
Description: 

Act No. 2000-795, HB170 was signed by the Governor and became effective August 1, 2000. The companion bill was S-187 (Butler). This bill amends the Alabama Medicare Supplement Policy Minimum Standards Act and adopts the Alabama Long-Term Care Insurance Policy Minimum Standards Act, so as to make Alabama law substantially similar to the uniform standards developed by the National Association of Insurance Commissioners and required by the Federal Health Care Financing Authority.

Act No. 2000-795, HB170 was signed by the Governor and became effective August 1, 2000. The companion bill was S-187 (Butler). This bill amends the Alabama Medicare Supplement Policy Minimum Standards Act and adopts the Alabama Long-Term Care Insurance Policy Minimum Standards Act, so as to make Alabama law substantially similar to the uniform standards developed by the National Association of Insurance Commissioners and required by the Federal Health Care Financing Authority.