La. Admin. Code tit. 37 § XIII-1949

Current through Register Vol. 50, No. 11, November 20, 2024

Section XIII-1949 - Prohibition against Pre-Existing Conditions and Probationary Periods in Replacement Policies or Certificates (Formerly section 1947)

A. If a long-term care insurance policy or certificate replaces another long-term care policy or certificate, the replacing insurer shall waive any time periods applicable to pre-existing conditions and probationary periods in the new long-term care policy for similar benefits, to the extent that similar exclusions have been satisfied under the original policy.

La. Admin. Code tit. 37, § XIII-1949

Promulgated by the Department of Insurance, Office of the Commissioner, LR 19:1153 (September 1993), amended LR 23:975 (August 1997), LR 31:475 (February 2005), Amended LR 431403 (7/1/2017) (effective 1/1/2018).

AUTHORITY NOTE: Promulgated in accordance with R.S. 22:1186(A), 22:1186(E), 22:1188(C), 22:1189, and 22:1190.