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Name of Proposed Rule: Additional Standards for Guaranteed Living Benefits for Individual Deferred Non-Variable Annuities

Subject Matter of Proposed Rule:  The Additional Standards for Guaranteed Living Benefits for Individual Deferred Non-Variable Annuities (the “Proposed Standards”) apply to guaranteed living benefits (GLB) that are built into individual deferred non-variable annuity contracts (including index-linked annuities) or added to such contracts by rider, endorsement or amendment. The GLB feature provides for a minimum guarantee under specified conditions for any of the following: (1) periodic withdrawals; (2) the annuitization amount and related annual income amount; or (3) the account value after a specified period of time.

Citation to Published Notices: Notice of this rule was published on October 29, 2009.

Name of persons requesting Public Hearing : Director Mary Jo Hudson, Ohio

Date and Location of Public Hearing, if any: Friday, December 4, 2009 at 12:30 pm PT at the Hilton San Francisco Union Square, 333 O'Farrell Street, San Francisco, CA 94102 - Meeting Room: Grand Salon A - Grand Ballroom Level

Status of Proposed Rule (including upcoming meetings): The Proposed Standards have been issued for notice and comment. Written comments will be accepted on the Proposed Standards until December 28, 2009. Written requests for a public hearing must be received no later than November 18, 2009.

Date Approved by Management Committee:

Date Adopted by Commission:

Effective Date of Rule:

Link to Comments submitted by members and the public:
Comments from Birny Birnbaum submitted 10/23/09
Comments from LISA submitted during 10/13/09 Product Standards Committee Conference Call
Comments from LISA submitted during 10/26/09 Management Committee Conference Call
Comments from the ACLI submitted during 10/13/09 Product Standards Committee Conference Call
Comments from LISA submitted 12/02/09
Comments from Brad Harker (PA), Chair of the NAIC NSWG Annuity Subgroup, submitted 12/03/09
Comments from State Representative Robert R. Damron (KY), IIPRC Legislative Committee Chair, submitted 12/04/2009
Summary of Industry Advisory Comments from 12/4 Public Hearing
Comment from Bruce Ramge, Deputy Director, Nebraska Department of Insurance
Comments from Industry Advisory Committee submitted 01/05/2010
Comments from American Academy of Actuaries submitted 01/06/10

Name of Proposed Rule: Additional Standards for Guaranteed Living Benefits for Individual Deferred Variable Annuities

Subject Matter of Proposed Rule: The Additional Standards for Guaranteed Living Benefits for Individual Deferred Variable Annuities (the “Proposed Standards”) apply to guaranteed living benefits (GLB) that are built into individual deferred variable annuity contracts or added to such contracts by rider, endorsement or amendment. The GLB feature provides for a minimum guarantee under specified conditions for any of the following: (1) periodic withdrawals; (2) the annuitization amount and related annual income amount; or (3) the account value after a specified period of time. 

Citation to Published Notices: Notice of this rule was published on October 29, 2009.

Name of persons requesting Public Hearing : Director Mary Jo Hudson, Ohio

Date and Location of Public Hearing, if any: Friday, December 4, 2009 at 12:30 pm PT at the Hilton San Francisco Union Square, 333 O'Farrell Street, San Francisco, CA 94102 - Meeting Room: Grand Salon A - Grand Ballroom Level

Status of Proposed Rule (including upcoming meetings): The Proposed Standards have been issued for notice and comment. Written comments will be accepted on the Proposed Standards until December 28, 2009. Written requests for a public hearing must be received no later than November 18, 2009.

Date Approved by Management Committee:

Date Adopted by Commission:

Effective Date of Rule:

Link to Comments submitted by members and the public:
Comments from Birny Birnbaum submitted 10/23/09
Comments from LISA submitted during 10/13/09 Product Standards Committee Conference Call
Comments from LISA submitted during 10/26/09 Management Committee Conference Call
Comments from the ACLI submitted during 10/13/09 Product Standards Committee Conference Call
Comments from LISA submitted 12/02/09
Comments from Brad Harker (PA), Chair of the NAIC NSWG Annuity Subgroup, submitted 12/03/09
Comments from State Representative Robert R. Damron (KY), IIPRC Legislative Committee Chair, submitted 12/04/2009
Summary of Industry Advisory Comments from 12/4 Public Hearing
Comment from Bruce Ramge, Deputy Director, Nebraska Department of Insurance
Comments from Industry Advisory Committee submitted 1/05/2010
Comments from American Academy of Actuaries submitted 01/06/10

Name of Proposed Rule: Additional Standards for Guaranteed Minimum Death Benefits for Individual Deferred Variable Annuities

Subject Matter of Proposed Rule:  The Additional Standards for Guaranteed Living Benefits for Individual Deferred Variable Annuities (the “Proposed Standards”) apply to guaranteed minimum death benefits (GMDB) that are built into individual deferred variable annuity contracts or added to such contracts by rider, endorsement or amendment. The GMDB feature provides for a minimum guarantee under specified conditions for the contract death benefit.

Citation to Published Notices: Notice of this rule was published on October 29, 2009.

Name of persons requesting Public Hearing : Director Mary Jo Hudson, Ohio

Date and Location of Public Hearing, if any: Friday, December 4, 2009 at 12:30 pm PT at the Hilton San Francisco Union Square, 333 O'Farrell Street, San Francisco, CA 94102 - Meeting Room: Grand Salon A - Grand Ballroom Level

Status of Proposed Rule (including upcoming meetings): The Proposed Standards have been issued for notice and comment. Written comments will be accepted on the Proposed Standards until December 28, 2009. Written requests for a public hearing must be received no later than November 18, 2009.

Date Approved by Management Committee:

Date Adopted by Commission:

Effective Date of Rule:

Link to Comments submitted by members and the public:
Comments from Birny Birnbaum submitted 10/23/09
Comments from LISA submitted during 10/13/09 Product Standards Committee Conference Call
Comments from LISA submitted during 10/26/09 Management Committee Conference Call
Comments from the ACLI submitted during 10/13/09 Product Standards Committee Conference Call
Comments from LISA submitted 12/02/09
Comments from Brad Harker (PA), Chair of the NAIC NSWG Annuity Subgroup, submitted 12/03/09
Comments from State Representative Robert R. Damron (KY), IIPRC Legislative Committee Chair, submitted 12/04/2009
Summary of Industry Advisory Comments from 12/4 Public Hearing
Comment from Bruce Ramge, Deputy Director, Nebraska Department of Insurance
Comments from Industry Advisory Committee submitted 1/05/2010
Comments from American Academy of Actuaries submitted 01/06/10

Name of Proposed Rule: Core Standards for Individual Long-Term Care Insurance Policies

Subject Matter of Proposed Rule:  The Core Standards for Individual Long-Term Care Insurance Policies (the “Proposed Standards”) apply to individual long-term care insurance.  Any product advertised, marketed or offered as long-term care insurance shall be subject to these standards. Long-term care insurance shall provide benefits for one or more of the following: nursing home care, assisted living care or home health care and adult day care. Only those policies, riders, endorsements or amendments that provide all such benefits may be titled “long-term care insurance” without further clarification. Policies, riders, endorsements or amendments that provide less than all such benefits shall be titled appropriately to indicate to the owner the types of coverages available under the policy, and may be filed and approved under these standards.

Citation to Published Notices: Notice of this rule was published on January 21, 2010.

Name of persons requesting Public Hearing : Director Mary Jo Hudson, Ohio

Date and Location of Public Hearing, if any: Thursday, March 25, 2010 at 1:00 p.m. MT at the Hyatt Regency and Colorado Convention Center, Denver Colorado, Meeting Room to be determined.

Status of Proposed Rule (including upcoming meetings): The Proposed Standards have been issued for notice and comment. Written comments will be accepted on the Proposed Standards until March 22, 2010. Written requests for a public hearing must be received no later than February 10, 2010.

Date Approved by Management Committee:

Date Adopted by Commission:

Effective Date of Rule:

Link to Comments submitted by members and the public:

• Draft showing changes by Product Standards Committee before recommendation
• Comments from South Carolina Department of Insurance submitted 1/28/10
• Comments from California Health Advocates submitted 1/20/2010

Name of Proposed Rule: Individual Long-Term Care Insurance Application Standards

Subject Matter of Proposed Rule:  The Individual Long-Term Care Insurance Application Standards (the “Proposed Standards”) apply to paper, telephonic or electronic applications for coverage provided by individual long-term care insurance policy forms. These standards are intended to apply to new business applications as well as applications used to request changes to existing policies.

Citation to Published Notices: Notice of this rule was published on January 21, 2010.

Name of persons requesting Public Hearing : Director Mary Jo Hudson, Ohio

Date and Location of Public Hearing, if any: Thursday, March 25, 2010 at 1:00 p.m. MT at the Hyatt Regency and Colorado Convention Center, Denver Colorado, Meeting Room to be determined.

Status of Proposed Rule (including upcoming meetings): The Proposed Standards have been issued for notice and comment. Written comments will be accepted on the Proposed Standards until March 22, 2010. Written requests for a public hearing must be received no later than February 10, 2010.

Date Approved by Management Committee:

Date Adopted by Commission:

Effective Date of Rule:

Link to Comments submitted by members and the public:

• Draft showing changes by Product Standards Committee before recommendation
• Comments from South Carolina Department of Insurance submitted 1/28/10
• Comments from California Health Advocates submitted 1/20/201

Name of Proposed Rule: Individual Long-Term Care Insurance Standards for the Outline of Coverage

Subject Matter of Proposed Rule:  The Individual Long-Term Care Insurance Standards for the Outline of Coverage (the "Proposed Standards") apply to the long-term care insurance outline of coverage required by Section 1A(1)(b) of the Core Standards for Individual Long-Term Care Insurance Policies.

Citation to Published Notices: Notice of this rule was published on January 21, 2010.

Name of persons requesting Public Hearing : Director Mary Jo Hudson, Ohio

Date and Location of Public Hearing, if any: Thursday, March 25, 2010 at 1:00 p.m. MT at the Hyatt Regency and Colorado Convention Center, Denver Colorado, Meeting Room to be determined.

Status of Proposed Rule (including upcoming meetings): The Proposed Standards have been issued for notice and comment. Written comments will be accepted on the Proposed Standards until March 22, 2010. Written requests for a public hearing must be received no later than February 10, 2010.

Date Approved by Management Committee:

Date Adopted by Commission:

Effective Date of Rule:

Link to Comments submitted by members and the public:

• Draft showing changes by Product Standards Committee before recommendation
• Comments from South Carolina Department of Insurance submitted 1/28/10
• Comments from California Health Advocates submitted 1/20/201

Name of Proposed Rule: Rate Filing Standards for Individual Long-Term Care Insurance—Issue Age Rate Schedules Only

Subject Matter of Proposed Rule:  The Rate Filing Standards for Individual-Long Term Care Insurance—Issue Age Rate Schedules Only (the “Proposed Standards”) apply to initial rate schedules for individual long-term care insurance where premiums are based on issue age and are not expected to change during the premium-paying period due to attained age or duration since issue.  The Proposed Standards also apply to subsequent filings to increase premium rate schedules for individual long-term care insurance with issue age rate schedules.

Citation to Published Notices: Notice of this rule was published on January 21, 2010.

Name of persons requesting Public Hearing : Director Mary Jo Hudson, Ohio

Date and Location of Public Hearing, if any: Thursday, March 25, 2010 at 1:00 p.m. MT at the Hyatt Regency and Colorado Convention Center, Denver Colorado, Meeting Room to be determined.

Status of Proposed Rule (including upcoming meetings): The Proposed Standards have been issued for notice and comment. Written comments will be accepted on the Proposed Standards until March 22, 2010. Written requests for a public hearing must be received no later than February 10, 2010.

Date Approved by Management Committee:

Date Adopted by Commission:

Effective Date of Rule:

Link to Comments submitted by members and the public:

• Draft showing changes by Product Standards Committee before recommendation
• Comments from South Carolina Department of Insurance submitted 1/28/10
• Comments from California Health Advocates submitted 1/20/2010

Name of Proposed Rule: Rate Filing Standards for Individual Long-Term Care Insurance—Modified Rate Schedules

Subject Matter of Proposed Rule:  The Rate Filing Standards for Individual Long-Term Care Insurance—Modified Rate Schedules (the “Proposed Standards”) apply to initial rate schedules where premiums are based on issue age and where premiums are scheduled to increase during the premium-paying period according to a specified pattern due to attained age or duration since issue.  The Proposed Standards also establish standards for subsequent filings to increase premium rate schedules for individual long-term care insurance with modified rate schedules.

Citation to Published Notices: Notice of this rule was published on January 21, 2010.

Name of persons requesting Public Hearing : Director Mary Jo Hudson, Ohio

Date and Location of Public Hearing, if any: Thursday, March 25, 2010 at 1:00 p.m. MT at the Hyatt Regency and Colorado Convention Center, Denver Colorado, Meeting Room to be determined.

Status of Proposed Rule (including upcoming meetings): The Proposed Standards have been issued for notice and comment. Written comments will be accepted on the Proposed Standards until March 22, 2010. Written requests for a public hearing must be received no later than February 10, 2010.

Date Approved by Management Committee:

Date Adopted by Commission:

Effective Date of Rule:

Link to Comments submitted by members and the public:

• Draft showing changes by Product Standards Committee before recommendation
• Comments from South Carolina Department of Insurance submitted 1/28/10
• Comments from California Health Advocates submitted 1/20/2010

Name of Proposed Rule: Standards for Forms Required to be Used with an Individual Long-Term Care Insurance Application

Subject Matter of Proposed Rule:  The Standards for Forms Required to be Used with an Individual Long-Term Care Insurance Application (the “Proposed Standards”) apply to forms that are required to be used with individual long-term care applications, including the suitability forms, the Potential Rate Increase Disclosure Form, the Replacement Notice and the HIPAA Medical Authorization.

Citation to Published Notices: Notice of this rule was published on January 21, 2010.

Name of persons requesting Public Hearing : Director Mary Jo Hudson, Ohio

Date and Location of Public Hearing, if any: Thursday, March 25, 2010 at 1:00 p.m. MT at the Hyatt Regency and Colorado Convention Center, Denver Colorado, Meeting Room to be determined.

Status of Proposed Rule (including upcoming meetings): The Proposed Standards have been issued for notice and comment. Written comments will be accepted on the Proposed Standards until March 22, 2010. Written requests for a public hearing must be received no later than February 10, 2010.

Date Approved by Management Committee:

Date Adopted by Commission:

Effective Date of Rule:

Link to Comments submitted by members and the public:

• Draft showing changes by Product Standards Committee before recommendation
• Comments from South Carolina Department of Insurance submitted 1/28/10
• Comments from California Health Advocates submitted 1/20/2010

Name of Proposed Rule: Standards for Individual Long-Term Care Insurance Advertising Material

Subject Matter of Proposed Rule:  The Standards for Individual Long-Term Care Insurance Advertising Material (the “Proposed Standards”) apply to all individual long-term care insurance advertisements and advertising material for use with individual long-term care insurance forms filed with and approved by the Interstate Insurance Product Regulation Commission.

Citation to Published Notices: Notice of this rule was published on January 21, 2010.

Name of persons requesting Public Hearing : Director Mary Jo Hudson, Ohio

Date and Location of Public Hearing, if any: Thursday, March 25, 2010 at 1:00 p.m. MT at the Hyatt Regency and Colorado Convention Center, Denver Colorado, Meeting Room to be determined.

Status of Proposed Rule (including upcoming meetings): The Proposed Standards have been issued for notice and comment. Written comments will be accepted on the Proposed Standards until March 22, 2010. Written requests for a public hearing must be received no later than February 10, 2010.

Date Approved by Management Committee:

Date Adopted by Commission:

Effective Date of Rule:

Link to Comments submitted by members and the public:

• Draft showing changes by Product Standards Committee before recommendation
• Comments from South Carolina Department of Insurance submitted 1/28/10
• Comments from California Health Advocates submitted 1/20/2010

Name of Proposed Rule: Standards for Individual Long-Term Care Insurance Application Change Form

Subject Matter of Proposed Rule:  The Standards for Individual Long-Term Care Insurance Application Change Form (the “Proposed Standards”) apply to forms used during the underwriting process to make changes to answers that had been provided by the applicant in paper, telephonic or electronic applications for coverage provided by individual long-term care insurance forms.

Citation to Published Notices: Notice of this rule was published on January 21, 2010.

Name of persons requesting Public Hearing : Director Mary Jo Hudson, Ohio

Date and Location of Public Hearing, if any: Thursday, March 25, 2010 at 1:00 p.m. MT at the Hyatt Regency and Colorado Convention Center, Denver Colorado, Meeting Room to be determined.

Status of Proposed Rule (including upcoming meetings): The Proposed Standards have been issued for notice and comment. Written comments will be accepted on the Proposed Standards until March 22, 2010. Written requests for a public hearing must be received no later than February 10, 2010.

Date Approved by Management Committee:

Date Adopted by Commission:

Effective Date of Rule:

Link to Comments submitted by members and the public:

• Draft showing changes by Product Standards Committee before recommendation
• Comments from South Carolina Department of Insurance submitted 1/28/10
• Comments from California Health Advocates submitted 1/20/2010

Name of Proposed Rule: Standards for Long-Term Care Insurance Benefit Features

Subject Matter of Proposed Rule:  The Standards for Long-Term Care Insurance Benefit Features (the “Proposed Standards”) apply to forms that include long-term care insurance benefit features as part of individual long-term care insurance plan. As used in these standards, the term “form” shall mean: (1) Long-term care insurance benefit features that are built into an individual long-term care, life or disability insurance policy, or an individual annuity contract; or (2) Long-term care insurance benefit features that are added by rider, endorsement or amendment to an individual long-term care, life or disability insurance policy, or an individual annuity contract. Regardless of how issued, the long-term care insurance benefit features that are included as part of the individual long-term care insurance plan shall be subject to the requirements specified in these standards. For non-long-term care insurance policies that include long-term care insurance benefit features, these standards shall only apply to the long-term care benefit features.

Citation to Published Notices: Notice of this rule was published on January 21, 2010.

Name of persons requesting Public Hearing : Director Mary Jo Hudson, Ohio

Date and Location of Public Hearing, if any: Thursday, March 25, 2010 at 1:00 p.m. MT at the Hyatt Regency and Colorado Convention Center, Denver Colorado, Meeting Room to be determined.

Status of Proposed Rule (including upcoming meetings): The Proposed Standards have been issued for notice and comment. Written comments will be accepted on the Proposed Standards until March 22, 2010. Written requests for a public hearing must be received no later than February 10, 2010.

Date Approved by Management Committee:

Date Adopted by Commission:

Effective Date of Rule:

Link to Comments submitted by members and the public:

• Draft showing changes by Product Standards Committee before recommendation
• Comments from South Carolina Department of Insurance submitted 1/28/10
• Comments from California Health Advocates submitted 1/20/2010

Name of Proposed Rule: Standards for Riders, Endorsements or Amendments Used to Effect Individual Long-Term Care Insurance Policy Changes

Subject Matter of Proposed Rule:The Standards for Riders, Endorsements or Amendments Used to Effect Individual Long-Term Care Insurance Policy Changes (the "Proposed Standards") apply to riders, endorsements or amendments that are used to effect policy changes that have been requested for an individual long-term care insurance policy by the owner. Such policy change forms may be attached to the individual long-term care insurance policy on the policy date of issue or after the policy date of issue.

Citation to Published Notices: Notice of this rule was published on January 21, 2010.

Name of persons requesting Public Hearing : Director Mary Jo Hudson, Ohio

Date and Location of Public Hearing, if any: Thursday, March 25, 2010 at 1:00 p.m. MT at the Hyatt Regency and Colorado Convention Center, Denver Colorado, Meeting Room to be determined.

Status of Proposed Rule (including upcoming meetings): The Proposed Standards have been issued for notice and comment. Written comments will be accepted on the Proposed Standards until March 22, 2010. Written requests for a public hearing must be received no later than February 10, 2010.

Date Approved by Management Committee:

Date Adopted by Commission:

Effective Date of Rule:

Link to Comments submitted by members and the public:

• Draft showing changes by Product Standards Committee before recommendation
• Comments from South Carolina Department of Insurance submitted 1/28/10
• Comments from California Health Advocates submitted 1/20/2010