Notice is hereby given that a hearing will be held at 10:00 A.M. on Tuesday, March 18, 2008, in the offices of the Alabama Department of Insurance, 201 Monroe Street, Suite 1700, RSA Tower, Montgomery, Alabama, as follows:
Revision of Section 25 of Regulation No. 091 [Rule 482-1-091-.25], which establishes uniform requirements to offer nonforfeiture benefits. The proposed revisions are designed to cause this regulation to be substantially similar to the model regulation developed by the National Association of Insurance Commissioners. (12 pages)
Amendment of Appendix C to Chapter 482-1-091, which is known as Things You Should Know Before You Buy Long-Term Care Insurance. The purpose of the proposed amendment is to include a paragraph on Facilities.
Amendment of Appendix F to Chapter 482-1-091, which is known as Potential Rate Increase Disclosure Form. The purpose of the proposed amendment is designed to cause this regulation to be substantially similar to the model regulation developed by the National Association of Insurance Commissioners.
Any person wishing to submit testimony at said hearing is requested to submit said testimony in writing to the Alabama Department of Insurance, Attention: Legal Division, Post Office Box 303351, Montgomery, Alabama 36130-3351. Any written submission of testimony prior to the hearing will not preclude anyone from making an oral or written presentation at the hearing.
A copy of the regulations may be obtained by written request to the Alabama Department of Insurance, Post Office Box 303351, Montgomery, Alabama 36130-3351. The request must include payment of one dollar per page and a self-addressed, postage paid return envelope. An unofficial copy may also be obtained at no charge via electronic mail. You may send an e-mail request to shawn.stewart@insurance.alabama.gov.