KRS 304.14-605: Purpose and application to policies of KRS 304.14-600 to 304.14-625.

(1) The purpose of KRS 304.14 -600 to 304.14-625 is to promote the public interest, to

promote the availability of long -term care insurance policies, to protect applicants

for long-term care insurance from unfair or deceptive sales or enrollment practices,

to establish standards for long -term care insurance, to facilitate public

understanding and comparison of long-term care insurance policies, and to facilitate

flexibility and innovation in the development of long-term care insurance coverage.

(2) The requirem ents of KRS 304.14 -600 to 304.14 -625 shall apply to policies

delivered or issued for delivery in this Commonwealth on or after July 14, 1992,

except as stated in KRS 304.14 -610. KRS 304.14 -600 to 304.14 -625 are not

intended to supersede the obligations of entities subject to KRS 304.14 -600 to

304.14-625 to comply with the substance of other applicable insurance laws insofar

as they do not conflict with KRS 304.14 -600 to 304.14 -625, except that laws and

administrative regulations designed and intended to app ly to Medicare supplement

insurance policies shall not be applied to long-term care insurance.