Florida Regulations 69O-157.001: Purpose
Current as of: 2024 | Check for updates
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The purpose of these rules is:
(1) To implement Part XVIII of Florida Statutes Chapter 627, pertaining to requirements of long-term care insurance policies,
(2) To promote the public interest,
(3) To promote the availability of long-term care insurance policies,
(4) To protect applicants for long-term care insurance from unfair or deceptive sales or enrollment practices,
(5) To establish standards for long-term care insurance,
(6) To facilitate public understanding and comparison of long-term care insurance policies, and
(7) To facilitate flexibility and innovation in the development of long-term care insurance coverage.
Rulemaking Authority Florida Statutes § 624.308(1), 627.9407(1) FS. Law Implemented 624.307(1), 627.9402, 627.9407(1) FS. History-New 5-17-89, Formerly 4-81.001, Amended 1-13-03, Formerly 4-157.001.
(2) To promote the public interest,
(3) To promote the availability of long-term care insurance policies,
(4) To protect applicants for long-term care insurance from unfair or deceptive sales or enrollment practices,
(5) To establish standards for long-term care insurance,
(6) To facilitate public understanding and comparison of long-term care insurance policies, and
(7) To facilitate flexibility and innovation in the development of long-term care insurance coverage.
Rulemaking Authority Florida Statutes § 624.308(1), 627.9407(1) FS. Law Implemented 624.307(1), 627.9402, 627.9407(1) FS. History-New 5-17-89, Formerly 4-81.001, Amended 1-13-03, Formerly 4-157.001.