South Carolina General Assembly
108th Session, 1989-1990

Bill 1125

                    Current Status

Bill Number:               1125
Ratification Number:       545
Act Number                 458
Introducing Body:          Senate
Subject:                   Optional long-term care insurance
                           program
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(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

(A458, R545, S1125)

AN ACT TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 1-11-440 SO AS TO PROVIDE THAT THE DIVISION OF INSURANCE SERVICES OF THE STATE BUDGET AND CONTROL BOARD MAY DEVELOP AN OPTIONAL LONG-TERM CARE INSURANCE PROGRAM FOR EMPLOYEES AND RETIREES DEPENDING ON THE AVAILABILITY OF A QUALIFIED VENDOR; AND TO REPEAL SECTION 9-1-70 RELATING TO THE OPTIONAL LONG-TERM CARE INSURANCE PROGRAM.

Be it enacted by the General Assembly of the State of South Carolina:

Optional insurance

SECTION 1. Article 1, Chapter 11, Title 1 of the 1976 Code is amended by adding:

"Section 1-11-440. The Division of Insurance Services of the State Budget and Control Board may develop an optional long-term care insurance program for active and retired members of the various state retirement systems depending on the availability of a qualified vendor. A program must require members to pay the full insurance premium."

Repeal

SECTION 2. Section 9-1-70 of the 1976 Code is repealed.

Time effective

SECTION 3. This act takes effect upon approval by the Governor.

Approved the 3rd day of May, 1990.