AZ Regulatory Bulletin 2005-01: Long Term Care Insurance Regulation Effective Date; A.A.C. R20-6-1019(L)

Department of Insurance State of Arizona Life and Health Division Telephone: (602) 912-8460 Facsimile: (602) 912-8453 JANET NAPOLITANO 2910 North 44th Street, Suite 210 CHRISTINA UR Governor Phoenix, Arizona 85018-7256 Director of Insurance www.id.state.az.us REGULATORY BULLETIN 2005-11 TO: Insurance Rating Organizations; Insurance Industry Representatives; Insurance Trade Associations; Disability Insurers; and Other Interested Parties From: Christina Urias Director of Insurance Date: January 6, 2005 RE: Long Term Care Insurance Regulation Effective Date; A.A.C. R20-6-1019(L) On November 2, 2004 the Governor’s Regulatory Review Council approved amendments to the Arizona Administrative Code, Title 20, Commerce, Banking, and Insurance, Chapter 6, Department of Insurance, Article 10, Long Term Care Insurance. The Department filed the rulemaking with the Secretary of State’s Office for publication on November 4, 2004. The rulemaking more closely conforms the Arizona rules to the NAIC Long Term Care Insurance Model Regulation (Model Regulation), with minor changes necessitated by other Arizona laws. The purpose of this Bulletin is to clarify questions regarding the effective date of A.A.C. R20-6-1019(L) of the amended rules. Although the effective date of the rulemaking under the Arizona Administrative Procedures Act would ordinarily be two months after filing (January 10, 2005), to be consistent with the NAIC Model Regulation, this rulemaking must have an effective date 12 months after the rulemaking (November 10, 2005). Accordingly, A.A.C. R20-6-1019(L) identifies the controlling effective date as follows: “The requirements in this Section are effective on or after November 10, 2005….” If you have any questions regarding this Bulletin, please feel free to contact Carla Kot, Insurance Analyst, at (602) 912- 8460 or at ckot@id.state.az.us. 1 This Substantive Policy Statement is advisory only. A Substantive Policy Statement does not include internal procedural documents that only affect the internal procedures of the Agency, and does not impose additional requirements or penalties on regulated parties or include confidential information or rules made in accordance with the Arizona Administrative Procedure Act. If you believe that this Substantive Policy Statement does impose additional requirements or penalties on regulated parties you may petition the agency under Arizona Revised Statutes Section 41-1033 for a review of the Statement.