As long-
term care insurance has grown, so has regulatory activity, both
in providing greater flexibility and in imposing mandatory minimum
standards. Many more states can be expected to consider new
laws and regulations based on the NAIC's recently adopted Long
Term Care Insurance Model Act. In general, the act seeks to
promote a positive regulatory environment, alleviating barriers
to market growth and diversification. (U.S. Congressional Budget
Office, 1977)