50 Ill. Adm. Code 2012.124
Prohibition Against Preexisting Conditions and Probationary Periods in Replacement Policies or Certificates
Section 2012
Section 2012.124 Prohibition
Against Preexisting Conditions and Probationary Periods in Replacement Policies
or Certificates
If a long-term care insurance
policy or certificate replaces another long-term care policy or certificate,
the replacing insurer shall waive any time periods applicable to preexisting
conditions and probationary periods in the new long-term care policy for
similar benefits to the extent that similar exclusions have been satisfied
under the original policy.