Hawaii & Connecticut Lift Opt-Outs - Add Them to Your Filings Today!
Did you know that two Compacting states have lifted opt-outs of Uniform Standards? Filers can now add Hawaii to any Long-Term Care Insurance (LTC) filing submitted on or after October 10, 2017, and Connecticut to any individual or group Disability Income Insurance product, provided they are authorized to do business in the state.
HAWAII lifted its opt-out from the LTC Uniform Standards by enacting legislation to amend its Compact statute. Hawaii opted out of the LTC Uniform Standards upon their original adoption by the Commission in 2010. Because the opt-out has been lifted, Hawaii will now be available for inclusion in any filing subject to the current LTC Uniform Standards. When adding Hawaii please be sure to check if you will need to add the state to any associated filing that contains forms which will be used along with the filing where you are adding the state.
CONNECTICUT lifted its opt-out from the individual and group disability income insurance Uniform Standards by enacting legislation to amend its Compact statute. Connecticut opted out of the long-term care and disability income insurance Uniform Standards upon joining the Commission in 2017. With the opt-out removed, Connecticut is now available to include in upcoming, pending, and previously approved products subject to the Compact?s individual and group disability income insurance Uniform Standards.
Do you have questions about adding a state to your pending or approved Compact filing? Check out our step-by-step instructions, published to the Insurer Resources page of the Insurance Compact website.
You can access more detailed instructions and considerations for adding Connecticut and Hawaii to your Compact filings in the News & Announcements Archive.
If you have any questions about the recently lifted opt-outs, or about filing with the Insurance Compact in general, please contact the Insurance Compact Office.