Section 1-1955.6 - Long-term care insurance policies - Notice regarding asset disregard and asset testsA. A long-term care insurance policy issued after the effective date of this act shall contain a notice provision to the consumer detailing in plain language the current law pertaining to asset disregard and asset tests.B. The notice to the consumer under subsection A of this section shall be developed by the Insurance Commissioner.Okla. Stat. tit. 63, § 1-1955.6
Added by Laws 2004 , SB 1547, c. 283, §6, effective sixty (60) days from the date of Congressional repeal of the restrictions to asset protection contained in the federal Omnibus Budget Reconciliation Act of 1993, Public Law 103-66, 107 Stat. 312.