
From the U.S. Code Online via GPO Access
[wais.access.gpo.gov]
[Laws in effect as of January 2, 2001]
[Document not affected by Public Laws enacted between
  January 2, 2001 and January 28, 2002]
[CITE: 5USC9008]

 
             TITLE 5--GOVERNMENT ORGANIZATION AND EMPLOYEES
 
                           PART III--EMPLOYEES
 
                   Subpart G--Insurance and Annuities
 
                  CHAPTER 90--LONG-TERM CARE INSURANCE
 
Sec. 9008. Administrative functions

    (a) In General.--The Office of Personnel Management shall prescribe 
regulations necessary to carry out this chapter.
    (b) Enrollment Periods.--The Office shall provide for periodic 
coordinated enrollment, promotion, and education efforts in consultation 
with the carriers.
    (c) Consultation.--Any regulations necessary to effect the 
application and operation of this chapter with respect to an eligible 
individual described in paragraph (3) or (4) of section 9001, or a 
qualified relative thereof, shall be prescribed by the Office in 
consultation with the appropriate Secretary.
    (d) Informed Decisionmaking.--The Office shall ensure that each 
eligible individual applying for long-term care insurance under this 
chapter is furnished the information necessary to enable that individual 
to evaluate the advantages and disadvantages of obtaining long-term care 
insurance under this chapter, including the following:
        (1) The principal long-term care benefits and coverage available 
    under this chapter, and how those benefits and coverage compare to 
    the range of long-term care benefits and coverage otherwise 
    generally available.
        (2) Representative examples of the cost of long-term care, and 
    the sufficiency of the benefits available under this chapter 
    relative to those costs. The information under this paragraph shall 
    also include--
            (A) the projected effect of inflation on the value of those 
        benefits; and
            (B) a comparison of the inflation-adjusted value of those 
        benefits to the projected future costs of long-term care.

        (3) Any rights individuals under this chapter may have to cancel 
    coverage, and to receive a total or partial refund of premiums. The 
    information under this paragraph shall also include--
            (A) the projected number or percentage of individuals likely 
        to fail to maintain their coverage (determined based on lapse 
        rates experienced under similar group long-term care insurance 
        programs and, when available, this chapter); and
            (B)(i) a summary description of how and when premiums for 
        long-term care insurance under this chapter may be raised;
            (ii) the premium history during the last 10 years for each 
        qualified carrier offering long-term care insurance under this 
        chapter; and
            (iii) if cost increases are anticipated, the projected 
        premiums for a typical insured individual at various ages.

        (4) The advantages and disadvantages of long-term care insurance 
    generally, relative to other means of accumulating or otherwise 
    acquiring the assets that may be needed to meet the costs of long-
    term care, such as through tax-qualified retirement programs or 
    other investment vehicles.

(Added Pub. L. 106-265, title I, Sec. 1002(a), Sept. 19, 2000, 114 Stat. 
768.)

                  Section Referred to in Other Sections

    This section is referred to in section 9001 of this title.
