No group long term care insurance coverage may be offered to a resident of this State under a group policy issued in another state to a group described in Section 38-72-40(5)(d) unless this State or another state having statutory and regulatory long term care insurance requirements substantially similar to those adopted in this State has made a determination that the requirements have been met.
S.C. Code Ann. § 38-72-50
Group long term care insurance policy must meet requirements of chapter to be offered in state
Known as the Long Term Care Insurance Act
The act spans §§ 38–38 (16 sections).
1988 Act No. 466, SECTION 5.
Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.