Current through Register Vol. 49, No. 8, August 19, 2024
Section 62A.56 - RULEMAKINGSubdivision 1.Permissive.The commissioner may adopt rules pursuant to chapter 14 to carry out the purposes of sections 62A.46 to 62A.56. The rules may:
(1) establish additional disclosure requirements for long-term care policies designed to adequately inform the prospective insured of the need and extent of coverage offered;(2) prescribe uniform policy forms in order to give the purchaser of long-term care policies a reasonable opportunity to compare the cost of insuring with various insurers; and(3) establish other reasonable minimum standards as needed to further the purposes of sections 62A.46 to 62A.56.Subd. 2.Mandatory.The commissioner shall adopt rules under chapter 14 establishing general standards to ensure that assessments used in the prescribing of long-term care are reliable, valid, and clinically appropriate.
1986 c 397 s 8; 1990 c 551 s 8