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Company Asks to Testify on Proposed Long-Term Care Insurance Contract Regs

APR. 1, 1998

Company Asks to Testify on Proposed Long-Term Care Insurance Contract Regs

DATED APR. 1, 1998
DOCUMENT ATTRIBUTES
  • Authors
    Morgante, Samuel
  • Institutional Authors
    GE Capital Assurance
  • Cross-Reference
    REG-109333-97
  • Code Sections
  • Subject Area/Tax Topics
  • Index Terms
    health care and insurance, long-term care
  • Jurisdictions
  • Language
    English
  • Tax Analysts Document Number
    Doc 98-12865 (1 page)
  • Tax Analysts Electronic Citation
    98 TNT 78-39
====== SUMMARY ======

Samuel Morgante of GE Capital Assurance, San Rafael, Calif., has asked permission to testify at the hearing on proposed regs on long- term care insurance contracts. Morgante will discuss the regs' finalization and effective date; their impact on grandfathered policy holders and the current long term care insurance market; and substitution of an insurer on a grandfathered contract.

====== FULL TEXT ======

April 1, 1998

CC:DOM:CORP:R (REG - 109333-97)

 

Room 5336

 

Internal Revenue Service

 

POB 764, Ben Franklin Station

 

Washington, DC 20244

Dear Sir or Madam:

[1] This letter is intended as an outline of topics to be discussed at the public hearing scheduled for May 13, 1998 on the proposed regulations relating to qualified long term care insurance contracts. I had previously submitted a written request to the Internal Revenue Service asking to be permitted to speak at the May 13, 1998 [sic] on behalf of GE Capital Assurance.

[2] The topics we wish to discuss are:

I. Finalization and Effective Date of these Proposed Regulations

II. Impact of the Proposed Regulations on Grandfathered Policy

 

Holders

III. Impact of the Proposed Regulations and the Interim Guidance on

 

the Current Long Term Care Insurance Market.

IV. Future Regulatory Clarification: Substitution of an Insurer on a

 

Grandfathered Contract

Very truly yours,

Samuel Morgante

 

Vice President Product Development

 

and Government Relations

 

GE Capital Assurance

 

San Rafael, California
DOCUMENT ATTRIBUTES
  • Authors
    Morgante, Samuel
  • Institutional Authors
    GE Capital Assurance
  • Cross-Reference
    REG-109333-97
  • Code Sections
  • Subject Area/Tax Topics
  • Index Terms
    health care and insurance, long-term care
  • Jurisdictions
  • Language
    English
  • Tax Analysts Document Number
    Doc 98-12865 (1 page)
  • Tax Analysts Electronic Citation
    98 TNT 78-39
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