Current Status Bill Number:190 Type of Legislation:General Bill GB Introducing Body:Senate Introduced Date:19970116 Primary Sponsor:Giese All Sponsors:Giese and Rose Drafted Document Number:council\legis\bills\pt\2762ac.9 7 Residing Body:Senate Current Committee:Finance Committee 06 SF Subject:Long-term care insurance program, optional program for state employees; Insurance Services Division
Body Date Action Description Com Leg Involved ______ ________ _______________________________________ _______ ____________ Senate 19970116 Introduced, read first time, 06 SF referred to CommitteeView additional legislative information at the LPITS web site.
TO AMEND SECTION 1-11-740, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE AUTHORITY OF THE DIVISION OF INSURANCE SERVICES OF THE STATE BUDGET AND CONTROL BOARD TO DEVELOP AN OPTIONAL LONG-TERM CARE INSURANCE PROGRAM, SO AS TO CLARIFY THAT SUCH A PROGRAM WOULD COVER EMPLOYEES AND RETIREES OF STATE-COVERED ENTITIES AND DELETE THE REQUIREMENT THAT SUCH A PROGRAM MUST REQUIRE MEMBERS TO PAY THE FULL INSURANCE PREMIUM.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 1-11-740 of the 1976 Code, as added by Act 364 of 1992, is amended to read:
"Section 1-11-740. 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 employees and retirees of state-covered entities depending on the availability of a qualified vendor. A program must require members to pay the full insurance premium."
SECTION 2. This act takes effect upon approval by the Governor.