Connecticut SB00071 establishes a tax credit for premiums paid for long-term care insurance policies covering home health care.
Connecticut SB00071 amends title 12 of the general statutes to create a tax credit for premiums paid for individual or group long-term care insurance policies that provide benefits for health care services delivered in the insured's home. This tax credit aims to incentivize the purchase of long-term care insurance, thereby potentially reducing the financial burden on individuals and families seeking home-based health care services.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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