| Be it enacted by the People of the State of Maine as follows: |
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| | Sec. 1. 24-A MRSA §5055, sub-§6 is enacted to read: |
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| | 6.__Required disclosures.__An insurance company that offers an | insurance policy that is certified by the superintendent as a | long-term care policy shall disclose on all applications and | outlines of long-term care coverage and on the face of all | certified policies and certificates that: |
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| A.__The policy has been certified as a long-term care policy | by the superintendent under section 5054; and |
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| B.__Any person paying premiums in whole or in part for | coverage under an individual or group long-term care policy | certified by the superintendent qualifies for the income tax | deduction provided for in Title 36, section 5122. |
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| | This bill requires that insurers disclose to policyholders on | all applications and outlines of long-term care coverage and on | the face of long-term care insurance policies and certificates if | the policy is certified by the Superintendent of Insurance and | that premiums paid for the policy are deductible for state income | tax purposes. |
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