This bulletin announces a call for rate information for the Texas Long-Term Care Rate Guide published by the Texas Department of Insurance (TDI).
All companies writing individual long-term care insurance for new customers in Texas after August 15, 2006, are required to respond to this request. The information collected through this data call will be published in a rate guide to allow consumers to compare annual premiums for sample individual long-term care policies, as well as a policy that the carrier identifies as its "most popular" plan.
You must provide the required information under authority of Section 38.001 of the Texas Insurance Code.
The deadline for submitting information is September 8, 2006.
Companies will enter their rates directly into a password-protected web page on the TDI website. The web address for the rate collection form is:
https://wwwapps.tdi.state.tx.us/inter/asproot/consumer/ltcrgcall/ltcrgcall_login2.asp
All rate information should be for rates in effect on August 15, 2006. The website provides detailed instructions on entering the requested information. Please remember that you are responsible for the accuracy of the data submitted.
If you have additional questions, please call Melissa Hield at 512-322-4349, or you may e-mail her at melissa.hield@tdi.state.tx.us.
Mike Geeslin
Commissioner of Insurance