California Insurance Commissioner Appoints Long Term Care Insurance Task Force

On January 26, California Insurance Commissioner Ricardo Lara announced six appointments to the state’s new Long Term Care Insurance Task Force. The Task Force was established after the passage of AB 567 and is tasked with, among others, exploring the feasibility of developing and implementing a culturally competent statewide public insurance program for long-term care services and support. More information on the Task Force can be found here.  California’s efforts appear to follow a recent trend of policymakers exploring or implementing public programs aimed at long-term care services, including Washington State’s Long Term Care Trust Act and some of the ideas recently discussed at the Federal level, including by U.S. Rep. Thomas R. Suozzi (D-NY).

In California, the Task Force will be composed of fifteen voting members from various industry sectors impacting the long-term care insurance marketplace.  Commissioner Lara’s appointments include representatives of in-home healthcare providers, nursing and hospice facilities, and labor unions.  The Task Force’s report on the establishment of a long-term care insurance program is due to the Governor and Legislature by January 1, 2023.

We’ll continue to monitor the Task Force and report back on any developments.

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About the Author: Nolan Tully

Nolan Tully advocates for insurance and financial services clients facing challenges in various aspects of their businesses. Nolan assists life, long-term care and disability insurers as well as annuity issuers with product development, regulatory compliance, and dispute resolution and litigation. Visit Nolan's bio on the Faegre Drinker website.

About the Author: Jigar D. Gandhi

Jigar Gandhi advises clients on a range of compliance issues raised by United States federal and state privacy laws including the GLBA, CCPA, New York DFS Cybersecurity Regulation and the NAIC Data Security Model Law. Jigar also assists insurance clients in identifying pending legislative and regulatory challenges that may affect their business. Jigar represents life, health, property and casualty insurance companies in addition to insurance marketing organizations. Jigar was also appointed by D.C. Mayor Muriel Bowser to serve on the D.C. Financial Services Regulatory Sandbox and Innovation Council. View Jigar's full bio on the Faegre Drinker website.

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