South Carolina Statutes
§ 38-72-70 — Regulations.
(A)The director may issue reasonable regulations to promote premium adequacy and to protect the policyholder if there is a substantial rate increase, and to establish minimum standards for producer education, marketing practices, producer compensation, producer testing, penalties, and reporting practices for long term care.
(B)Regulations adopted pursuant to this chapter must be in accordance with the provisions of Chapter 23, Title 1.
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South Carolina § 38-72-70 (Regulations.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1988 Act No. 466, SECTION 7; 2008 Act No. 274, SECTION 5, eff June 4, 2008.
Nearby Sections
15
§ 38-72-100
Long term care premiums excluded in determining contribution to cost of Medicaid services.§ 38-72-110
Long-term care insurance.§ 38-72-30
Short title.§ 38-72-40
Definitions.§ 38-72-50
Group long term care insurance policy must meet requirements of chapter to be offered in state.§ 38-72-67
Offer of a nonforfeiture benefit; group long term care policies; promulgation regulations.§ 38-72-69
License requirements; training.§ 38-72-70
Regulations.§ 38-72-80
Severability; application of chapter.