WSR 12-11-125

PREPROPOSAL STATEMENT OF INQUIRY

OFFICE OF

INSURANCE COMMISSIONER

[ Insurance Commissioner Matter No. R 2012-15 -- Filed May 23, 2012, 9:43 a.m. ]

Subject of Possible Rule Making: Long-term care partnership -- Inflation requirements.

Statutes Authorizing the Agency to Adopt Rules on this Subject: RCW 48.83.170.

Reasons Why Rules on this Subject may be Needed and What They Might Accomplish: This rule making is initiated in response to a rule-making petition submitted by John Hancock Life Insurance Company. Under this rule making, the commissioner will consider amendment of WAC 284-83-400(1).

Other Federal and State Agencies that Regulate this Subject and the Process Coordinating the Rule with These Agencies: None.

Process for Developing New Rule: Submit written comments by July 2, 2012.

Interested parties can participate in the decision to adopt the new rule and formulation of the proposed rule before publication by contacting Kacy Scott, P.O. Box 40258, Olympia, WA 98504-0258, kacys@oic.wa.gov.

May 23, 2012

Mike Kreidler

Insurance Commissioner

Washington State Code Reviser's Office