Sec. 6. (a) The department of insurance shall develop a training program for insurance producers who sell qualified long term care insurance policies that includes a certified prelicensing course and continuing education courses. The courses must cover, at a minimum, the following topics:
(1) State and federal regulations and requirements and the relationship between qualified long term care insurance policies and other public and private coverage of long term care services, including Medicaid.
(2) Available long term care services and providers.
(3) Changes or improvements in long term care services or providers.
(4) Alternatives to the purchase of private long term care insurance.
(5) The effect of inflation on benefits and the importance of inflation protection.
(6) Consumer suitability standards and guidelines.
(b) An insurance producer must:
(1) complete the certified prelicensing course established under subsection (a) before the insurance producer may sell, solicit, or negotiate a qualified long term care insurance policy; and
(2) attend a continuing education course established under subsection (a) at least once every twenty-four (24) months to continue to sell, solicit, or negotiate a qualified long term care insurance policy.
As added by P.L.196-2021, SEC.6.