HB 2445-S - DIGEST

(DIGEST OF PROPOSED 1ST SUBSTITUTE)

     Requires the office of the insurance commissioner to conduct a study on the availability and affordability of liability insurance for adult family homes, boarding homes, nursing homes, and assisted living facilities.  The study shall include a review of self-insurance as an alternative for affected residential care providers.

     Directs the office of the insurance commissioner to conduct a study of long-term care insurance coverage for residential care services for individuals requiring long-term care.

     Appropriates from the insurance commissioner's regulatory account to the office of the insurance commissioner, on the effective date of this act, the amount of three hundred thousand dollars, or as much thereof as may be necessary, for the purposes of this act.