STAND. COM. REP. NO.  1421

 

Honolulu, Hawaii

                , 2011

 

RE:   S.B. No. 27

      S.D. 1

 

 

Honorable Calvin K.Y. Say

Speaker, House of Representatives

Twenty-Sixth State Legislature

Regular Session of 2011

State of Hawaii

 

Sir:

 

     Your Committee on Consumer Protection & Commerce, to which was referred S.B. No. 27, S.D. 1, entitled:

 

"A BILL FOR AN ACT RELATING TO LONG-TERM CARE INSURANCE,"

 

begs leave to report as follows:

 

     The purpose of this bill is to exclude long-term care insurance from the laws relating to accident and health or sickness insurance contained in Article 10A of the Insurance Code.  Long-term care insurance is regulated by Article 10H.

 

     The Department of Commerce and Consumer Affairs and the American Council of Life Insurers supported this measure.

 

     As affirmed by the record of votes of the members of your Committee on Consumer Protection & Commerce that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 27, S.D. 1, and recommends that it pass Second Reading and be placed on the calendar for Third Reading.

 

Respectfully submitted on behalf of the members of the Committee on Consumer Protection & Commerce,

 

 

 

 

____________________________

ROBERT N. HERKES, Chair